Robert J. Myers has been the Chief Executive Officer of Casey's General Stores since June 2006, a role he stepped into after serving the company in various capacities. His tenure has seen significant financial performance metrics tied to his compensation,...
Robert J. Myers has been the Chief Executive Officer of Casey's General Stores since June 2006, a role he stepped into after serving the company in various capacities. His tenure has seen significant financial performance metrics tied to his compensation, including bonuses based on earnings and returns, which shows the company's commitment to linking pay to results. Notably, in 2015, his total compensation reached $3.4 million, reflecting a strong year for the company based on specific performance goals. Myers holds a unique employment agreement that offers him a hefty retirement package, provided he meets the set thresholds, and has been through several amendments to ensure his incentives remain aligned with the company’s interests. In terms of his investments in the company, Myers has demonstrated significant confidence. His insider trading showed fluctuations in asset value starting in 2019, peaking at around $34.68 million in July 2024. This indicates his faith in the company's growth even during varying market conditions. Additionally, he has a severance agreement that extends his benefits significantly in the case of a change of control within the company. All of these factors position Myers as a critical player in guiding Casey's positive trajectory.