Aaron M. Schapper

President and Chief Executive Officer at MYERS INDUSTRIES

Board

Since January 1, 2025

Age

51 years

Education

Holds two bachelor's degrees from the University of Utah in Mechanical Engineering and Mandarin Chinese, and a joint MBA from Northwestern University's Kellogg School of Management and the Hong Kong University of Science and Technology.

Tenure

Joined as President and CEO on January 1, 2025, following a successful career in senior leadership roles at Valmont Industries and Orbit Irrigation Products.

Also at MYERS INDUSTRIES

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Jeffrey J. Baker

President, Distribution Segment

About

Aaron M. Schapper, 51 years old , has established a strong foundation with a diverse educational background and a wealth of global leadership experience.

Earned his academic credentials with two bachelor's degrees from the University of Utah in Mechanical Engineering and Mandarin Chinese, along with a joint MBA from Northwestern University's Kellogg School of Management and the Hong Kong University of Science and Technology.

He has held significant leadership roles throughout his career, including key positions at Valmont Industries, where he served as Group President of Agriculture and Chief Strategy Officer, Group President of Infrastructure, and Group President of Utility Support Structures; and at Orbit Irrigation Products, where he played a pivotal role as General Manager and earlier as a design and manufacturing engineer.

Commencing his tenure as President and CEO of Myers Industries on January 1, 2025 , his appointment marks a continuation of his commitment to driving transformation and operational excellence. His international experience and extensive track record in strategic leadership underpin his role in enhancing the company's financial performance and growth prospects.

$MYE Performance Under Aaron M. Schapper

Past Roles

Organization	Role	Date Range	Details
Valmont Industries, Inc.	Chief Strategy Officer and Group President of Agriculture	July 2023 - May 2024	N/A
Valmont Industries, Inc.	Group President of Infrastructure	February 2020 - July 2023	N/A
Valmont Industries, Inc.	Group President of Utility Support Structures	October 2016 - February 2020	N/A
Orbit Irrigation Products Inc.	General Manager, based in Shanghai, China	2007 - 2020	Responsible for acquisitions and establishing green-field manufacturing sites in Ningbo and Taipei
Orbit Irrigation USA	Design and Manufacturing Engineer	2002 - 2007	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	Not provided	Annual (1-year fixed pay)	Compensation based on job performance, experience, and market benchmarks

Performance Compensation

Data from FY 2023

Annual Bonus

Metric	Value	Details
Performance Metric	Adjusted EBITDA	Based on achieving targeted adjusted EBITDA levels
Threshold Goal	$86.0 million	50% payout when attaining approximately 80% of the EBITDA plan
Target Goal	$108.0 million	100% payout at 100% of the EBITDA plan
Maximum Goal	$152.0 million	200% payout when attaining approximately 140% of the EBITDA plan
Actual Result (2023)	$97.3 million	Resulted in a 75.8% payout of the target bonus

Long-Term Incentives

Component	Metric	Threshold	Target	Maximum	Vesting Schedule	Additional Details
PSUs (75%)	3-year cumulative adjusted EBITDA + rTSR modifier	90% of target EBITDA (50% payout)	100% payout based on cumulative EBITDA	120% of target (200% payout)	Vest at the end of the 3-year period (2023-2025)	rTSR modifier adjusts payout based on relative share performance
RSUs (25%)	Service-based vesting	N/A	N/A	N/A	Vest ratably over 3 years (1/3 each year)	No performance conditions; based solely on continuous employment

Metric	Value	Details
Target Award Amount	$2,400,000	Represents 330% of the base salary for the CEO in 2023