NYSE - Nasdaq Real Time Price USD

Applied Industrial Technologies, Inc. (AIT)

178.01 -0.93 (-0.52%)
As of 12:09 PM EDT. Market Open.

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Neil A. Schrimsher President, CEO & Director 2.87M 8.83M 1964
Mr. David K. Wells VP, CFO, Principal Accounting Officer & Treasurer 1.09M -- 1964
Mr. Kurt W. Loring VP & Chief Human Resource Officer 776.92k 1.34M 1969
Mr. Ryan Dale Cieslak Director of Investor Relations & Assistant Treasurer -- -- --
Mr. Jon S. Ploetz J.D. VP, General Counsel & Secretary -- -- 1973
Ms. Julie A. Kho Manager of Corporate Communications & Media Relations -- -- --
Joe Mangiapane Managing Director of Australia & New Zealand -- -- --
Mike R. Allen President of Applied Industrial Technologies, LP - Canada -- -- --
Sergio H. Nevárez President of Applied Mexico -- -- --

Applied Industrial Technologies, Inc.

1 Applied Plaza
Cleveland, OH 44115
United States
216 426 4000 https://www.applied.com
Sector: 
Industrials
Full Time Employees: 
6,200

Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Corporate Governance

Applied Industrial Technologies, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 9; Compensation: 2.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

Upcoming Events

Apr 25, 2024
Applied Industrial Technologies, Inc. Earnings Call

May 14, 2024

Ex-Dividend Date

Related Tickers