Attached files
file | filename |
---|---|
8-K - FORM 8-K - MYERS INDUSTRIES INC | l42576e8vk.htm |
EX-99.2 - EX-99.2 - MYERS INDUSTRIES INC | l42576exv99w2.htm |
Exhibit 99.1
News Release | ||
NYSE: MYE |
Contact(s): |
||
- Donald A. Merril, Vice President & Chief Financial Officer
|
FOR IMMEDIATE RELEASE | |
- Max Barton, Director, Corporate Communications |
||
- Monica Vinay, Director, Investor & Financial Relations |
||
(330) 253-5592 |
Myers Industries Reports Results of 2011
Annual Meeting of Shareholders
Annual Meeting of Shareholders
Companys Nominees for the Board of Directors Elected
May 2, 2011, Akron, Ohio Myers Industries, Inc. (NYSE: MYE) announced that at its Annual
Meeting of Shareholders held April 29, 2011, shareholders re-elected Vincent C. Byrd, Sarah R.
Coffin, John B. Crowe, Richard P. Johnston, Edward W. Kissel, John C. Orr and Robert A. Stefanko,
and elected William A. Foley and Robert B. Heisler, Jr., to the Companys board of directors.
For the third consecutive year, nominees of GAMCO Asset Management failed to win a board seat.
President and Chief Executive Officer John C. Orr said, I believe that the election of our boards
nominees by shareholders signals confidence in our strategic direction. We remain clearly focused
on growing our business through customer dedication, innovation, operations excellence and
organization development to demonstrate the financial strength of Myers Industries and increase
value for all shareholders.
Also at the Annual Meeting, shareholders ratified the appointment of Ernst and Young LLP as the
Companys independent registered public accounting firm for fiscal 2011, approved the non-binding
advisory vote on executive compensation (Say-on-Pay), and recommended one year as the frequency
for Say-on-Pay voting.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial,
agricultural, automotive, commercial and consumer markets. The Company is also the largest
wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service
industry in the U.S. The Company reported net sales from continuing operations of $737.6 million
in 2010. Visit www.myersind.com to learn more.
Caution on Forward-Looking Statements: Statements in this release may include
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. Any statement that is not of historical fact may be deemed forward-looking. Words such as
expect, believe, project, plan, anticipate, intend, objective, goal, view, and
similar expressions identify forward-looking statements. These statements are based on
managements current views and assumptions of future events and financial performance and involve a
number of risks and uncertainties, many outside of the Companys control that could cause actual
results to materially differ from those expressed or implied. Risks and uncertainties include:
changes in the markets for the Companys business segments; changes in trends and demands in the
markets in which the Company competes; unanticipated downturn in business relationships with
customers or their purchases; competitive pressures on sales and pricing; raw material
availability, increases in raw material costs, or other production costs; future economic and
financial conditions in the United States and around the world; ability to weather the current
economic downturn; inability of the Company to meet future capital requirements; claims, litigation
and regulatory actions against the Company; changes in laws and regulations affecting the Company;
the Companys ability to execute the components of its Strategic Business Evolution process; and
other risks as detailed in the Companys 10-K and other reports filed with the Securities and
Exchange Commission. Such reports are available from the Securities and Exchange Commissions
public reference facilities and its web site at
http://www.sec.gov, and from the Companys Investor
Relations section of its web site, at
http://www.myersindustries.com. Myers Industries undertakes
no obligation to publicly update or revise any forward-looking statements contained herein. These
statements speak only as of the date made.
Myers Industries Announces Intent to Sell Businesses in Its Automotive and Custom Segment
1293 South Main Street Akron, Ohio 44301 (330) 253-5592 Fax: (330) 761-6156
|
NYSE / MYE |
END