MYERS INDUSTRIES, INC. (NYSE:MYE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)On March8, 2018, John B. Crowe and Daniel R. Lee confirmed to Myers Industries, Inc. (the “Company”) their intention not to stand for re-election as directors at the Company’s 2018 Annual Meeting of Shareholders, currently expected to be held on April25, 2018 (the “2018 Annual Meeting”). Each of Mr.Crowe and Mr.Lee will continue to serve as directors until that time. Mr.Crowe is currently the Chair of the Corporate Governance and Nominating Committee and a member of the Company’s Compensation Committee, and Mr.Lee currently serves on the Company’s Audit Committee and Corporate Governance and Nominating Committee.
Neither Mr.Crowe’s nor Mr.Lee’s determination not to stand for re-election is due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr.Crowe has decided to retire after serving on the Company’s board of directors since 2009. Mr.Lee has decided to not stand for re-election in order to focus more on his other business interests. The Company thanks Mr.Crowe and Mr.Lee for their commitment to the Company.
About MYERS INDUSTRIES, INC. (NYSE:MYE)
Myers Industries, Inc. is an international manufacturing and distribution company. The Company operates through two segments: Material Handling, which designs, manufactures and markets a range of plastic and metal products, and Distribution, which is engaged in the distribution of equipment, tools and supplies used for tire servicing and automotive undervehicle repair and the manufacture of tire repair and retreading products. The Material Handling segment offers products under the brands, including Buckhorn, Novel, Jamco Products and Akro-Mils. The Distribution segment offers products under the brands, including the Myers Tire Supply, Myers Tire Supply International and Patch Rubber Company brands. It operates approximately 20 manufacturing facilities, 20 sales offices, four distribution centers and over three distribution branches located across North, Central and South America. It offers approximately 15,500 manufactured products and 12,500 distributed products.