Applied Industrial Technologies Management
Management criteria checks 3/4
Applied Industrial Technologies' CEO is Neil Schrimsher, appointed in Oct 2011, has a tenure of 13.17 years. total yearly compensation is $6.28M, comprised of 15.8% salary and 84.2% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth €33.14M. The average tenure of the management team and the board of directors is 6.5 years and 7.3 years respectively.
Key information
Neil Schrimsher
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 15.8% |
| CEO tenure | 13.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.5yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$384m |
| Jun 30 2024 | US$6m | US$990k | US$386m |
| Mar 31 2024 | n/a | n/a | US$374m |
| Dec 31 2023 | n/a | n/a | US$374m |
| Sep 30 2023 | n/a | n/a | US$364m |
| Jun 30 2023 | US$6m | US$950k | US$347m |
| Mar 31 2023 | n/a | n/a | US$334m |
| Dec 31 2022 | n/a | n/a | US$305m |
| Sep 30 2022 | n/a | n/a | US$281m |
| Jun 30 2022 | US$6m | US$930k | US$257m |
| Mar 31 2022 | n/a | n/a | US$238m |
| Dec 31 2021 | n/a | n/a | US$225m |
| Sep 30 2021 | n/a | n/a | US$163m |
| Jun 30 2021 | US$6m | US$808k | US$145m |
| Mar 31 2021 | n/a | n/a | US$116m |
| Dec 31 2020 | n/a | n/a | -US$23m |
| Sep 30 2020 | n/a | n/a | US$20m |
| Jun 30 2020 | US$5m | US$864k | US$24m |
| Mar 31 2020 | n/a | n/a | US$34m |
| Dec 31 2019 | n/a | n/a | US$133m |
| Sep 30 2019 | n/a | n/a | US$134m |
| Jun 30 2019 | US$4m | US$900k | US$144m |
| Mar 31 2019 | n/a | n/a | US$145m |
| Dec 31 2018 | n/a | n/a | US$165m |
| Sep 30 2018 | n/a | n/a | US$157m |
| Jun 30 2018 | US$5m | US$875k | US$142m |
Compensation vs Market: Neil's total compensation ($USD6.28M) is above average for companies of similar size in the German market ($USD3.32M).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
CEO
Neil Schrimsher (60 yo)
13.2yrs
Tenure
US$6,276,999
Compensation
Mr. Neil A. Schrimsher serves as the Chief Executive Officer of Applied Industrial Technologies, Inc. since October 25, 2011 and also serves as President since August 2013. Mr. Schrimsher's managerial expe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.2yrs | US$6.28m | 0.37% € 33.1m | |
| VP, CFO | 7.3yrs | US$1.71m | 0.061% € 5.4m | |
| VP & Chief Human Resource Officer | 10.4yrs | US$1.23m | 0.035% € 3.1m | |
| Chief Accounting Officer & Controller | less than a year | no data | 0.0018% € 164.2k | |
| Director of Investor Relations & Assistant Treasurer | 5.8yrs | no data | no data | |
| VP, General Counsel & Secretary | 1.8yrs | no data | 0.0058% € 521.2k | |
| Manager of Corporate Communications & Media Relations | no data | no data | no data | |
| Managing Director of Australia & New Zealand | no data | no data | no data | |
| President of Applied Industrial Technologies | no data | no data | no data |
6.5yrs
Average Tenure
56yo
Average Age
Experienced Management: AT4's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.2yrs | US$6.28m | 0.37% € 33.1m | |
| Independent Chairman of the Board | 19.2yrs | US$369.80k | 0.068% € 6.1m | |
| Independent Director | less than a year | no data | 0.00093% € 83.4k | |
| Independent Director | 12.4yrs | US$275.37k | 0.053% € 4.8m | |
| Independent Director | 7.3yrs | US$252.87k | 0.029% € 2.6m | |
| Independent Director | 7.3yrs | US$269.12k | 0.033% € 2.9m | |
| Independent Director | 5.3yrs | US$252.87k | 0.020% € 1.8m | |
| Independent Director | 2.3yrs | US$252.87k | 0.0066% € 588.5k | |
| Independent Director | 5.3yrs | US$252.87k | 0.0090% € 807.3k |
7.3yrs
Average Tenure
60yo
Average Age
Experienced Board: AT4's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Applied Industrial Technologies, Inc. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Manthey | Baird |
| Holden Lewis | BB&T Capital Markets |
| null null | BB&T Capital Markets |