Myers Industries, Inc. (MYE) is a diversified industrial company that designs, manufactures, and markets a wide range of plastic, metal, and rubber products. The company operates through two main business segments, focusing on engineered plastic solutions and tire servicing/repair products. Its offerings cater to diverse markets, including industrial, automotive, food processing, and consumer sectors.
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Material Handling - Manufactures durable plastic reusable products such as containers, pallets, bulk shipping containers, storage and organization products, and custom plastic products. Includes capabilities like injection molding, rotational molding, and blow molding, serving markets like agriculture, automotive, healthcare, and infrastructure.
- Composite Ground Protection Products - Includes turf protection systems and temporary event flooring, expanded through the acquisition of Signature Systems in 2024.
- Fuel and Waste Containers - Produces tanks for water, fuel, and waste handling.
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Distribution - Distributes tools, equipment, and supplies for tire servicing and automotive under-vehicle repair. Offers products like tire valves, tire repair and retread supplies, tire changing and balancing equipment, and reflective highway marking tape. Serves markets such as retail tire dealers, commercial fleets, and government agencies.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Aaron M. Schapper ExecutiveBoard | President and Chief Executive Officer | Aaron M. Schapper has been serving as the President and Chief Executive Officer of Myers Industries, Inc. since January 1, 2025, and was appointed as a director on the Board of Directors on the same date. He has a robust background with previous leadership roles at Valmont Industries Inc. and Orbit Irrigation Products Inc.. | View Report → | |
Jeffrey J. Baker Executive | President, Distribution Segment | Jeffrey J. Baker has served as President, Distribution Segment at Myers Industries since October 1, 2024, following his roles as Vice President, Shared Services (from November 29, 2021) and Vice President, Purchasing and Supply Chain (from September 1, 2020). He brings extensive experience with over 34 years at The Dow Chemical Company. | ||
Bruce M. Lisman Board | Director | Director of STRATTEC Security Corporation; Director of Associated Capital Group; Director of National Life Group; Director of Bank of Burlington | Bruce M. Lisman has been a director at Myers Industries, Inc. since 2015 and has held key leadership roles at firms such as JP Morgan Chase & Co. and Bear Stearns Companies, Inc. | |
F. Jack Liebau Board | Board Chair | Motorcar Parts of America; STRATTEC Security Corporation; BNY Mellon ETF Trust; MuxIP; Edwin Gregson Foundation | F. Jack Liebau, Jr. has been with MYE since 2015 as Board Chair, serving on the Audit, Compensation, and Governance Committees. He brings extensive financial management and strategic leadership experience from previous roles in asset management and other directorships. | |
Jeffrey Kramer Board | Director | Director at Stein Fibers; Director at Crete Mechanical; CEO and Trustee at Council for Economic Development of The Conference Board; Member at Princeton University Chemical Engineering Advisory Council | Jeffrey Kramer has served as an independent director at MYE since 2021 and is the Chair of the Compensation and Management Development Committee. He brings extensive leadership experience from previous executive roles including former CEO positions at Schweitzer-Mauduit International and JAM Distributing. | |
Lori Lutey Board | Director | Director of Kenan Advantage Group; Director of Tailwind Smith Cooper Holdings; Director of Tailwind National Trench Safety | Lori Lutey has served as a Director at Myers Industries, Inc. since 2018 and currently chairs the Audit Committee due to her extensive financial expertise. Previously, she held executive financial roles at Schneider National and several FedEx companies. | |
Ronald M. De Feo Board | Director | Director at Helix LLC; Member of the supervisory board at DLL; Trustee at Iona College | Ronald M. De Feo has been a Director at MYE since 2018 and chairs the Compensation and Management Development (CMD) Committee. He brings extensive senior management experience from previous roles at Kennametal Inc. and Terex Corporation. | |
William A. Foley Board | Director | Member of the Board of Associates at Indiana University Foundation | William A. Foley has been a director at Myers Industries, Inc. since 2011 and serves on the Audit and Governance Committees. He has previously held leadership roles including Executive Chairman & CEO at Libbey Inc., Chairman & CEO at Blonder Home Accents and Thinkwell Incorporated, among others. | |
Yvette Dapremont Bright Board | Director | Director at Independence Blue Cross; Director at Cityblock Health; Director at National Life Group; Advisory Director at Clarify Health Solutions, Inc. | Yvette Dapremont Bright has been a Director at Myers Industries, Inc. since 2021 and serves on the Audit and Governance Committees. Prior to her role at MYE, she held senior executive positions at Independence Blue Cross, including Executive Vice President and Chief Operating Officer. |
Research analysts who have asked questions during MYERS INDUSTRIES earnings calls.
Christian Zyla
KeyBanc Capital Markets
4 questions for MYE
Carolina Jolly
Gabelli Funds
3 questions for MYE
William Dezellem
Tieton Capital Management
3 questions for MYE
Bill Dezellem
Tieton Capital Management
1 question for MYE
Nauman Toor
Blackroot Capital
1 question for MYE
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Signature Systems | 2024 | Acquired for $350 million in an all‐cash transaction with a final cash consideration of $348.3 million and structured financing including adjustments via a new $400 million 5-year senior secured term loan A facility, aligning with Myers’ plan to transform into a customer-centric innovator in engineered plastic solutions by adding composite ground protection capabilities and generating synergies of $8 million annually. |
Mohawk Rubber Sales of New England Inc. | 2022 | Completed for $25.5 million (with net cash consideration of $24.3 million and additional contingent adjustments) to bolster Myers’ Distribution Segment by adding scale, four strategically located distribution centers, and integration opportunities that are expected to be earnings accretive. |
Additional Rotational Molding Facility | 2022 | Purchased for $1.4 million as part of the company’s expansion in the southeastern US, this acquisition of manufacturing assets in Decatur, Georgia enhances production capacity in the Material Handling Segment and was included in capital expenditures estimated at $25–28 million for 2022. |
Recent press releases and 8-K filings for MYE.
- Myers Industries Inc. reported a decline in Q2 2025 financial results, with Net Sales of $209.6 million, down 4.8%, and Adjusted Diluted EPS of $0.31, down 20.5% compared to Q2 2024. This was primarily due to soft demand in Vehicle and Automotive Aftermarket, partially offset by strong military sales in Industrial, and impacted by lower pricing and volume.
- Despite the revenue decline, the company generated strong free cash flow of $24.7 million in Q2 2025, an increase of $14.8 million from the prior year.
- As part of its 'Focused Transformation' efforts, Myers Industries is launching a strategic review of Myers Tire Supply, which represents $189 million in sales over the last twelve months, and is consolidating rotational molding production capacity to achieve at least $3 million in annual savings.
- The company is on track to achieve $20 million in annualized cost savings by the end of 2025, primarily through SG&A optimization, with a clear line of sight to $18 million. The full-year market outlook remains unchanged.