Myers Industries Appoints Samantha Rutty as New CFO

Myers Industries has appointed Samantha Rutty as Executive Vice President and Chief Financial Officer, effective September 22, 2025. Rutty brings over two decades of finance leadership experience from companies such as Brink's and Eaton Corporation. She will succeed Daniel Hoehn, who has served as interim CFO since May 2, 2025. Rutty's appointment is expected to strengthen Myers Industries and deliver results for customers and shareholders.

Myers Industries, Inc. (NYSE: MYE), a leading manufacturer of sustainable plastic and metal products, has announced the appointment of Samantha Rutty as Executive Vice President and Chief Financial Officer (CFO), effective September 22, 2025. Rutty brings over two decades of finance leadership experience, having previously served as Vice President and CFO of Brink’s North America and in various senior finance roles at Eaton Corporation [1].

Rutty will succeed Daniel Hoehn, who has been serving as interim CFO since May 2, 2025. Hoehn will continue in his role as Vice President and Corporate Controller following the transition. Myers Industries expects Rutty's appointment to strengthen the company and deliver results for customers and shareholders.

Prior to joining Myers, Rutty spent 20 years with Eaton Corporation, holding senior finance positions such as Director of Finance, eMobility; Division Controller, Fluid and Electrical Distribution; and Division Controller, Fuel and Motion Controls Aerospace. She earned an MBA from Western Michigan University’s Haworth College of Business and a Bachelor of Arts in business studies from the University of Lancashire.

Myers Industries has been experiencing significant market shifts, including a MACD Death Cross and a Bearish Marubozu on September 3, 2025, at 13:45 [2]. The company's latest quarterly dividend announcement did not provide substantial support to the stock price. Myers Industries declared a quarterly cash dividend of $0.135 per share, payable on October 2, 2025, to shareholders of record as of September 12, 2025 [3]. Additionally, Myers Industries reported a decline in net sales and net income for the second quarter of 2025. The company's net sales decreased by 4.8% to $209.6 million, while net income declined by 5.6% to $9.7 million [2].

Myers Industries has initiated strategic initiatives aimed at improving operational efficiency and financial performance, including a review of its Myers Tire Supply business, the idling of two rotational molding facilities, and progress toward cost savings by the end of 2025. The resignation of CFO Grant Fitz and the appointment of Daniel Hoehn as interim CFO also contributed to market volatility [2].

Rutty's appointment is expected to bring a strong finance leadership to Myers Industries, potentially aiding the company's recovery from recent market challenges. Investors should closely monitor the company's financial performance and strategic initiatives to gauge the potential for recovery.

References:
[1] https://www.stocktitan.net/news/MYE/myers-industries-appoints-samantha-rutty-as-executive-vice-president-teugxvmix1d3.html
[2] https://www.ainvest.com/news/myr-group-15min-chart-shows-macd-death-cross-bearish-marubozu-2509/
[3] https://seekingalpha.com/news/4492017-myers-declares-0_135-dividend