Applied Industrial Technologies Management
Management criteria checks 4/4
Applied Industrial Technologies' CEO is Neil Schrimsher, appointed in Oct 2011, has a tenure of 12.75 years. total yearly compensation is $6.36M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth $38.61M. The average tenure of the management team and the board of directors is 6.8 years and 6.9 years respectively.
Key information
Neil Schrimsher
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 14.9% |
| CEO tenure | 12.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | 6.8yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?
Jun 08
Some 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, Inc. (NYSE:AIT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 19Applied Industrial Technologies: The Uptrend Should Continue
Dec 17Should You Be Adding Applied Industrial Technologies (NYSE:AIT) To Your Watchlist Today?
Dec 07Is It Too Late To Consider Buying Applied Industrial Technologies, Inc. (NYSE:AIT)?
Oct 30Applied Industrial Technologies (NYSE:AIT) Knows How To Allocate Capital Effectively
Oct 17These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely
Oct 05Applied Industrial Technologies: Slightly Expensive For Now
Oct 03Applied Industrial Technologies, Inc.'s (NYSE:AIT) Intrinsic Value Is Potentially 40% Above Its Share Price
Sep 19Here's Why Applied Industrial Technologies (NYSE:AIT) Has Caught The Eye Of Investors
Aug 23Applied Industrial Technologies (NYSE:AIT) Will Pay A Dividend Of $0.35
Jul 04Why Applied Industrial Technologies, Inc. (NYSE:AIT) Could Be Worth Watching
Jun 27These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely
Jun 13We Ran A Stock Scan For Earnings Growth And Applied Industrial Technologies (NYSE:AIT) Passed With Ease
May 17Returns On Capital Are A Standout For Applied Industrial Technologies (NYSE:AIT)
Apr 30Applied Industrial Technologies' (NYSE:AIT) Dividend Will Be Increased To $0.35
Apr 30Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?
Mar 12Is Now An Opportune Moment To Examine Applied Industrial Technologies, Inc. (NYSE:AIT)?
Feb 24If EPS Growth Is Important To You, Applied Industrial Technologies (NYSE:AIT) Presents An Opportunity
Feb 09Applied Industrial Technologies Riding Automation To New Heights
Feb 02Applied Industrial Technologies: Still A Buy
Jan 24These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely
Dec 09What Does Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Indicate?
Nov 24Applied Industrial Technologies goes ex-dividend on Monday
Nov 11Applied Industrial Technologies acquires Automation Inc; terms not disclosed
Nov 02Applied Industrial Technologies FQ1 2023 Earnings Preview
Oct 26Here's Why We Think Applied Industrial Technologies (NYSE:AIT) Might Deserve Your Attention Today
Oct 23What Is Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Doing?
Aug 23Applied Industrial Technologies: Still An Underappreciated Industrial Growth Story
Aug 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$142m |
Compensation vs Market: Neil's total compensation ($USD6.36M) is about average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
CEO
Neil Schrimsher (60 yo)
12.8yrs
Tenure
US$6,361,505
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 | 12.8yrs | US$6.36m | 0.52% $ 38.6m | |
| VP, CFO | 6.8yrs | US$1.79m | 0.077% $ 5.8m | |
| VP & Chief Human Resource Officer | 10yrs | US$1.27m | 0.055% $ 4.1m | |
| Director of Investor Relations & Assistant Treasurer | 5.3yrs | no data | no data | |
| VP, General Counsel & Secretary | 1.3yrs | no data | no data | |
| 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 | |
| President of Applied Mexico | no data | no data | no data |
6.8yrs
Average Tenure
57.5yo
Average Age
Experienced Management: AIT's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.8yrs | US$6.36m | 0.52% $ 38.6m | |
| Independent Chairman of the Board | 18.8yrs | US$349.06k | 0.064% $ 4.8m | |
| Independent Director | 12yrs | US$227.66k | 0.067% $ 5.0m | |
| Independent Director | 12yrs | US$247.66k | 0.053% $ 4.0m | |
| Independent Director | 6.9yrs | US$227.66k | 0.029% $ 2.1m | |
| Independent Director | 6.9yrs | US$242.66k | 0.032% $ 2.4m | |
| Independent Director | 4.9yrs | US$227.66k | 0.020% $ 1.5m | |
| Independent Director | 1.9yrs | US$284.59k | 0.0065% $ 489.0k | |
| Independent Director | 4.9yrs | US$227.66k | 0.015% $ 1.1m |
6.9yrs
Average Tenure
61yo
Average Age
Experienced Board: AIT's board of directors are considered experienced (6.9 years average tenure).