Myers Industries (NYSE: MYE) reported Q2 EPS of $0.32, $0.10 better than the analyst estimate of $0.22. Revenue for the quarter came in at $164.3 million versus the consensus estimate of $170.9 million.

Myers also announced that the Company’s President and CEO, John C. Orr, has decided to retire as an officer effective December 31, 2015. The Board of Directors has engaged DHR International, Inc. to conduct a search for a successor. The announcement today guarantees adequate time to find the optimal candidate who has the skills to continue the success of the Company. Mr. Orr will work with the Board to select the best qualified successor and to ensure an orderly transition of the management of the Company.

Mr. Orr, hired by Myers Industries, Inc. in 2000 as part of the Company’s succession strategy, became President and CEO in 2005. As CEO he effected the transformation of the Company’s operations, including a systematic execution of strategic plans to consolidate the business portfolio of disparate businesses into today’s two major operating segments: Distribution and Material Handling. During Mr. Orr’s CEO tenure the Company developed a significant manufacturing presence in Brazil and modernized the legacy Distribution business that started the Company in 1933.

For earnings history and earnings-related data on Myers Industries (MYE) click here.