People: Applied Industrial Technologies Inc (AIT.N)
Mr. Neil A. Schrimsher is the President, Chief Executive Officer and Director of Applied Industrial Technologies, Inc. Mr. Schrimsher joined Applied as our Chief Executive Officer in 2011 and was also elected President in 2013. Before joining Applied, Mr. Schrimsher was Executive Vice President of Cooper Industries plc (formerly NYSE: CBE), a global electrical products manufacturer, where he led Cooper’s Electrical Products Group and headed numerous domestic and international growth initiatives. As the only Applied executive to serve on the Board, Mr. Schrimsher contributes a deep understanding of the company’s businesses, markets, and competitive landscape. From his prior employment, Mr. Schrimsher brought to Applied and its Board broad leadership experience, including management of worldwide operations, distribution management, strategic planning and analysis, manufacturing, engineering, supply chain management, and sourcing.
|Total Annual Compensation, USD||1,552,240|
|Restricted Stock Award, USD||2,000,360|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||940,775|
|Fiscal Year Total, USD||4,493,380|