Applied Industrial Technologies Management
Management criteria checks 4/4
Applied Industrial Technologies' CEO is Neil Schrimsher, appointed in Oct 2011, has a tenure of 13.17 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 $34.17M. 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
Applied Industrial Technologies (NYSE:AIT) Is Looking To Continue Growing Its Returns On Capital
Dec 16
Does Applied Industrial Technologies (NYSE:AIT) Deserve A Spot On Your Watchlist?
Dec 01Calculating The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Nov 07Applied Industrial Technologies Can Continue To Outperform
Nov 06Does Applied Industrial Technologies (NYSE:AIT) Have A Healthy Balance Sheet?
Oct 21Should You Think About Buying Applied Industrial Technologies, Inc. (NYSE:AIT) Now?
Sep 15Investor Optimism Abounds Applied Industrial Technologies, Inc. (NYSE:AIT) But Growth Is Lacking
Sep 03Why The 20% Return On Capital At Applied Industrial Technologies (NYSE:AIT) Should Have Your Attention
Aug 22Applied Industrial Technologies: Another Year Of Stagnation
Aug 15Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?
Aug 10A Look At The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Jul 29Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?
Jun 08Some Confidence Is Lacking In Applied Industrial Technologies, Inc.'s (NYSE:AIT) P/E
May 27Applied Industrial Technologies: Growth Should Accelerate
May 21Under The Bonnet, Applied Industrial Technologies' (NYSE:AIT) Returns Look Impressive
May 13Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?
May 01Calculating The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Apr 18At US$197, Is Applied Industrial Technologies, Inc. (NYSE:AIT) Worth Looking At Closely?
Mar 25Applied Industrial Technologies: Good Growth Prospects Ahead
Mar 04The Trend Of High Returns At Applied Industrial Technologies (NYSE:AIT) Has Us Very Interested
Feb 11Applied Industrial Technologies (NYSE:AIT) Is Increasing Its Dividend To $0.37
Jan 28Applied Industrial Technologies (NYSE:AIT) Has A Rock Solid Balance Sheet
Jan 15Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shareholders Might Be Looking For Exit
Jan 02Applied Industrial Technologies: The Uptrend Should Continue
Dec 17Applied Industrial Technologies: Slightly Expensive For Now
Oct 03CEO 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 about average for companies of similar size in the US market ($USD8.04M).
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% $ 34.2m | |
| VP, CFO | 7.3yrs | US$1.71m | 0.061% $ 5.6m | |
| VP & Chief Human Resource Officer | 10.4yrs | US$1.23m | 0.035% $ 3.2m | |
| Chief Accounting Officer & Controller | less than a year | no data | 0.0018% $ 169.3k | |
| Director of Investor Relations & Assistant Treasurer | 5.8yrs | no data | no data | |
| VP, General Counsel & Secretary | 1.8yrs | no data | 0.0058% $ 537.4k | |
| 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: AIT'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% $ 34.2m | |
| Independent Chairman of the Board | 19.2yrs | US$369.80k | 0.068% $ 6.3m | |
| Independent Director | less than a year | no data | 0.00093% $ 86.0k | |
| Independent Director | 12.4yrs | US$275.37k | 0.053% $ 4.9m | |
| Independent Director | 7.3yrs | US$252.87k | 0.029% $ 2.7m | |
| Independent Director | 7.3yrs | US$269.12k | 0.033% $ 3.0m | |
| Independent Director | 5.3yrs | US$252.87k | 0.020% $ 1.8m | |
| Independent Director | 2.3yrs | US$252.87k | 0.0066% $ 606.8k | |
| Independent Director | 5.3yrs | US$252.87k | 0.0090% $ 832.5k |
7.3yrs
Average Tenure
60yo
Average Age
Experienced Board: AIT'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 | 2024/12/22 02:01 |
| 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 |
| |
| 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 |