Myers Industries Appoints Dave Basque As Interim President and CEO; Succeeds Mike McGaugh, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Myers Industries has appointed Dave Basque as the interim President and CEO, succeeding Mike McGaugh. The board has started the search for a new CEO.
September 09, 2024 | 1:07 pm
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NEUTRAL IMPACT
Myers Industries has appointed Dave Basque as interim President and CEO, replacing Mike McGaugh. The board is actively searching for a permanent CEO.
The appointment of an interim CEO and the search for a new permanent CEO indicates a transition period for Myers Industries. This leadership change may create uncertainty, but the impact on stock price is neutral in the short term as the company continues its operations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100