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Myers Industries raises CEO change-in-control severance multiplier to 3x from 2.5x

PUBT·10/23/2026 20:06:57
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Myers Industries raises CEO change-in-control severance multiplier to 3x from 2.5x
  • Myers Industries adopted an amended Senior Officer Severance Plan on October 22, 2026, expanding cash severance benefits.
  • For terminations within the change-in-control protection period, the president and CEO’s cash severance multiplier rises to 3x from 2.5x.
  • A new Executive Leadership Team tier carries a 2x cash severance multiplier for terminations within that protection period.
  • Outside the change-in-control protection period, cash severance calculations now include target bonus in addition to base salary.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Myers Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-430415), on October 23, 2026, and is solely responsible for the information contained therein.