Applied Industrial Technologies, Inc.

LSE:0HGR Stock Report

Market Cap: US$10.5b

Applied Industrial Technologies Management

Management criteria checks 4/4

Applied Industrial Technologies' CEO is Neil Schrimsher, appointed in Oct 2011, has a tenure of 13.08 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 $38.90M. The average tenure of the management team and the board of directors is 6.4 years and 7.3 years respectively.

Key information

Neil Schrimsher

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage15.8%
CEO tenure13.1yrs
CEO ownership0.4%
Management average tenure6.4yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neil Schrimsher's remuneration changed compared to Applied Industrial Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$384m

Jun 30 2024US$6mUS$990k

US$386m

Mar 31 2024n/an/a

US$374m

Dec 31 2023n/an/a

US$374m

Sep 30 2023n/an/a

US$364m

Jun 30 2023US$6mUS$950k

US$347m

Mar 31 2023n/an/a

US$334m

Dec 31 2022n/an/a

US$305m

Sep 30 2022n/an/a

US$281m

Jun 30 2022US$6mUS$930k

US$257m

Mar 31 2022n/an/a

US$238m

Dec 31 2021n/an/a

US$225m

Sep 30 2021n/an/a

US$163m

Jun 30 2021US$6mUS$808k

US$145m

Mar 31 2021n/an/a

US$116m

Dec 31 2020n/an/a

-US$23m

Sep 30 2020n/an/a

US$20m

Jun 30 2020US$5mUS$864k

US$24m

Mar 31 2020n/an/a

US$34m

Dec 31 2019n/an/a

US$133m

Sep 30 2019n/an/a

US$134m

Jun 30 2019US$4mUS$900k

US$144m

Mar 31 2019n/an/a

US$145m

Dec 31 2018n/an/a

US$165m

Sep 30 2018n/an/a

US$157m

Jun 30 2018US$5mUS$875k

US$142m

Compensation vs Market: Neil's total compensation ($USD6.28M) is about average for companies of similar size in the UK market ($USD5.77M).

Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.

CEO

Neil Schrimsher (60 yo)

13.1yrs

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

NamePositionTenureCompensationOwnership
Neil Schrimsher
President13.1yrsUS$6.28m0.37%
$ 38.9m
David Wells
VP, CFO7.2yrsUS$1.71m0.061%
$ 6.4m
Kurt Loring
VP & Chief Human Resource Officer10.3yrsUS$1.23m0.035%
$ 3.7m
Richard Wagner
Chief Accounting Officer & Controllerless than a yearno data0.0018%
$ 192.7k
Ryan Cieslak
Director of Investor Relations & Assistant Treasurer5.7yrsno datano data
Jon Ploetz
VP, General Counsel & Secretary1.7yrsno data0.0058%
$ 611.8k
Julie Kho
Manager of Corporate Communications & Media Relationsno datano datano data
Joe Mangiapane
Managing Director of Australia & New Zealandno datano datano data
Mike Allen
President of Applied Industrial Technologiesno datano datano data

6.4yrs

Average Tenure

56yo

Average Age

Experienced Management: 0HGR's management team is seasoned and experienced (6.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Neil Schrimsher
President13.1yrsUS$6.28m0.37%
$ 38.9m
Peter Wallace
Independent Chairman of the Board19.1yrsUS$369.80k0.068%
$ 7.2m
Richard Simoncic
Independent Directorless than a yearno data0.00093%
$ 97.9k
Vincent Petrella
Independent Director12.3yrsUS$275.37k0.053%
$ 5.6m
Robert Pagano
Independent Director7.3yrsUS$252.87k0.029%
$ 3.0m
Joe Raver
Independent Director7.3yrsUS$269.12k0.033%
$ 3.4m
Madhuri Andrews
Independent Director5.3yrsUS$252.87k0.020%
$ 2.1m
Shelly Chadwick
Independent Director2.3yrsUS$252.87k0.0066%
$ 690.8k
Mary Hall
Independent Director5.3yrsUS$252.87k0.015%
$ 1.6m

7.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 0HGR's board of directors are considered experienced (7.3 years average tenure).