Myers Industries raises CEO change-in-control severance multiplier to 3x from 2.5x
MYE•Myers Industries amended its Senior Officer Severance Plan, raising the president and CEO’s change-in-control cash severance multiplier to 3x from 2.5x.
1. Severance plan changes
Adopted on October 22, 2026, the amended plan adds a 2x cash severance multiplier for Executive Leadership Team members terminated within the change-in-control protection period. Outside that period, cash severance calculations now include target bonus in addition to base salary.
