Grant E. Fitz is the Chief Financial Officer and Executive Vice President of Myers Industries, Inc., having joined the company on May 8, 2023. He brings a wealth of experience from notable previous roles, including positions as CFO at Xerox...

Number of Employees

2.5K

Year

2023

Total Compensation

$857.41K

Salary

$604.62K

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$237.24K

Board Justification

Earned based on achieving targeted levels of adjusted EBITDA for the Company’s 2023 financial plan, pro-rated for his period of employment during 2023.

Other

$15.55K

Board Justification

Includes temporary housing reimbursement for the first 12 months after his start date in 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the stock awards are structured to vest over multiple years.

Performance Metrics

The primary performance metric for the annual bonus was adjusted EBITDA, with a target of $108 million.

SEC Filing

From March 18, 2024

Grant E. Fitz

CEO of Myers Industries

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Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1962 - 63 years ago

Is Founder?

No

Current Tenure

1 year 8 months (May 2023 - Present)

Previous Experience

Chief Financial Officer and Chief Operating Officer of EFI