Applied Industrial Technologies Inc 8-K, filed Mar 29, 2023
Applied Industrial Technologies Inc (AIT)
8-K
2023-03-29
For: 2023-03-28
View Original
Added on
April 10, 2026
About this 8-K
Applied Industrial Technologies Inc filed this 8-K on March 29, 2023, reporting on events of March 28, 2023.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||
(Address of Principal Executive Offices) | (Zip Code) | ||||||||||
(216 ) 426-4000
Registrant's telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o
ITEM 8.01 | OTHER EVENTS. | ||||
On March 28, 2023, Applied Industrial Technologies, Inc. (the “Company”) issued a press release announcing that Jon S. Ploetz has joined the Company as Vice President – General Counsel & Secretary. The Company’s press release announcement is furnished with this report as Exhibit 99.1 to this Form 8-K.
ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS | ||||
(d) Exhibits.
| Exhibit No. | Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| APPLIED INDUSTRIAL TECHNOLOGIES, INC. | |||||
| (Registrant) | |||||
| Date: March 29, 2023 | By: /s/ David K. Wells | ||||
| David K. Wells, Vice President-Chief Financial Officer & Treasurer | |||||
EXHIBIT 99.1
News Release
Applied Industrial Technologies Names New General Counsel & Secretary
CLEVELAND, OH (March 28, 2023) – Applied Industrial Technologies (NYSE: AIT) today announced that Jon S. Ploetz has joined the Company as Vice President – General Counsel & Secretary. In this role, Ploetz will lead the Company’s global legal affairs, governance and compliance activities, ESG efforts, and corporate secretary duties. Ploetz succeeds Fred D. Bauer who elected to retire effective January 31, 2023, after 30 years of service to the Company. Bauer remained the Company’s Secretary throughout the replacement search; his official departure is March 31, 2023.
“Jon brings more than 20 years of skilled legal expertise in a diverse range of matters, including corporate governance, securities, M&A, and more. We look forward to the contributions he will make as we continue to execute our company-specific growth opportunities and long-range strategic plan,” said Neil A. Schrimsher, President & Chief Executive Officer. “We thank Fred for his leadership, commitment and valued role as a trusted advisor over the years,” added Schrimsher.
Ploetz joins Applied® from Harsco Corporation (NYSE: HSC), a market-leading global provider of environmental solutions for industrial and specialty waste streams, where he served as Vice President, Assistant General Counsel & Assistant Corporate Secretary since 2018, and Assistant General Counsel, Corporate & Securities prior to that. His professional career also includes five years as Assistant General Counsel & Assistant Secretary at Arch Coal, Inc., and nearly 10 years of law firm experience.
Ploetz holds a Bachelor of Arts degree in Statistics and Management from Luther College in Iowa, and a Juris Doctor degree from the University of Colorado School of Law. He is a member of several professional groups, including the Society for Corporate Governance and the National Association of Corporate Directors.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
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CONTACT INFORMATION
Ryan D. Cieslak
Director – Investor Relations & Treasury
216-426-4887 / rcieslak@applied.com
Julie A. Kho
Manager – Corporate Communications
& Public Relations
216-426-4483 / jkho@applied.com