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Stephen E. Myers is a former Chief Executive Officer of Myers Industries, where he served until May 1, 2005. Born on April 21, 1949, not much is publicly known about his educational background, but he has built a notable career...

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Stephen E. Myers

Ex-CEO of Myers Industries

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

April 21, 1949 - 75 years ago

CEO of Myers Industries for

0 years 0 months (May 2005 - May 2005)

Previous Experience

Chairman and Chief Executive Officer of Myers Industries, Inc.

Rivals

Competitors/colleagues of Stephen E. Myers

Holdings

See how much did Stephen E. Myers make over time.

During his time as CEO, Stephen E. Myers had vested stock options primarily in Myers Industries. In 2005, he had options to acquire 2,500 shares of the company’s stock at a fair market value that year, equating to a vested...

Mar 18, 2025

Insider Trading

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No insider trades found for this CEO.

Compensation History

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In 2005, Stephen E. Myers was compensated with a total of $60,000 for his role as CEO at Myers Industries. He received no cash bonuses that year, reflecting a straightforward compensation structure. Alongside his salary, he had vested stock options for 2,500 shares, which were valued at around $32,150 at the time. His total compensation was rounded out by other benefits totaling about $3,417, which included contributions to profit sharing and insurance. This setup shows a limited but stable financial reward system designed to align his efforts with the company's performance. His retirement agreement ensured he would continue to receive compensation for a period afterward as he transitioned to a non-executive role, demonstrating a deliberate approach to preserving board leadership while preparing for changes at the top.

Year

2005

Total Compensation

$95.57K

Salary

$60.00K

Board Justification

The compensation philosophy is designed to provide competitive compensation that aligns with the Company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No cash bonus was awarded for the year 2005.

Other

$3.42K

Board Justification

Other compensation includes contributions to the Company’s Profit Sharing Plan and amounts paid for excess group life insurance.

Restricted Stock

$32.15K(2.5K stock options)

Board Justification

The stock options granted to Stephen E. Myers were non-qualified options to acquire 2,500 shares of the Company’s stock at the fair market value on the date of grant, which vested in 2005.

Performance Metrics

The performance metrics for determining compensation include the Company's overall financial performance and individual contributions.

Other Myers Industries CEOs

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