Myers Industries (MYE) Tops Q2 EPS by 10c; CEO Orr to Retire
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Myers Industries Announces the Retirement of John C. Orr, President and CEO, effective December 31, 2015
July 23, 2015 8:30 AM EDTAKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE) announced today that the Companys President and CEO, John C. Orr, has decided to retire as an officer effective December 31, 2015. The Board of Directors has engaged DHR International, Inc. to conduct a search for a successor. The announcement today guarantees adequate time to find the optimal candidate who has the skills to continue the success of the Company. Mr.... More
Myers Industries Reports 2015 Second Quarter Results
July 23, 2015 7:30 AM EDTScepter Acquisition Continues to Deliver Strong Performance
AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE), a leading provider of material handling solutions and tire repair products to industrial end markets, today announced results for the second quarter ended June 30, 2015.
Financial Highlights
Net sales of $164.3 million included strong performance from Scepter, offset by weaker demand in the agricultural, industrial, recreational vehicle and marine end markets Gross profit margin increased to 30.8% driven by operational excellence initiatives, pricing actions, sales of new... More