People: Applied Industrial Technologies Inc (AIT.N)
20 Sep 2019
Mr. Neil A. Schrimsher is the President, Chief Executive Officer and Director of Applied Industrial Technologies, Inc. He joined Applied as our Chief Executive Officer in October 2011 and was also elected President in August 2013. From 2010 to 2011, 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. He was President of Cooper Lighting, Inc. throughout the period from 2006 to 2010. Mr. Schrimsher is the only Applied executive to serve on the Board. Since joining Applied, he has acquired a deep understanding of the company’s businesses, markets, and competitive landscape. From his prior employment, Mr. Schrimsher has 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||2,246,010|
|Restricted Stock Award, USD||1,604,070|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||791,228|
|Fiscal Year Total, USD||4,641,310|