AKRON (May 2)—Stephen Myers, CEO of Myers Industries Inc., has resigned and retired from his position effective May 1 with John Orr, president and chief operating officer, succeeding him.
Myers, who joined the company in 1967, will continue to serve as chairman of the board. He had served as CEO since 1984, during which time Myers Industries' revenues grew from $86 million in 1984 to $803 million in 2004.
"After discussions with our board of directors, we decided that it was appropriate to transition CEO responsibilities to John Orr," Myers said in a statement. "John has demonstrated strong leadership and business skills during his tenure with Myers Industries, and I share the board's confidence in his ability to provide the company with solid leadership."
Orr has served as president and chief operating officer since 2003. He joined Myers Industries in 2001 after about 28 years with Goodyear.