AIT · Applied Industrial Technologies Inc

$347.04 +2.96 (+0.86%) At close · Jul 24

Market Cap

$12.83B

36.96M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$801,403	—	$3,162,627	$1,175,651	$1,173,724	$204,075	$6,517,480
David Wells	CFO	$463,970	—	$612,085	$261,256	$373,932	$51,648	$1,762,891
Kurt W. Loring	Vice President – Chief Human Resources Officer	$373,930	—	$420,774	$179,633	$236,789	$37,914	$1,249,040
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$392,768	—	$374,841	$160,000	$271,326	$41,221	$1,240,156
Jason W. Vasquez	Vice President – Sales & Marketing, U.S. Service Centers	$404,231	—	$325,018	$138,821	$269,739	$38,834	$1,176,643

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$990,000	—	$2,908,994	$1,000,398	$1,106,860	$270,747	$6,276,998
David Wells	CFO	$505,000	—	$562,247	$222,280	$355,762	$66,065	$1,711,354
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$427,500	—	$371,449	$146,863	$258,142	$52,207	$1,256,161
Kurt W. Loring	Vice President – Chief Human Resources Officer	$407,000	—	$397,603	$157,179	$225,283	$46,888	$1,233,954
Jason W. Vasquez	Vice President – Sales & Marketing, U.S. Service Centers	$385,000	—	$325,286	$128,601	$237,098	$44,591	$1,120,576

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$950,000	—	$2,730,568	$759,178	$1,654,026	$267,733	$6,361,505
David Wells	CFO	$490,000	—	$526,804	$169,106	$536,040	$65,715	$1,787,665
Fred D. Bauer	General Counsel	$261,333	—	$364,800	$118,734	$285,109	$186,980	$1,431,577
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$415,000	—	$354,408	$111,538	$384,157	$52,033	$1,317,136
Kurt W. Loring	Vice President – Chief Human Resources Officer	$395,000	—	$374,804	$118,734	$335,173	$46,751	$1,270,462
Jason W. Vasquez	Vice President – Sales & Marketing, U.S. Service Centers	$350,000	—	$293,608	$93,548	$332,388	$40,379	$1,109,923

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$930,000	—	$2,389,762	$608,682	$1,640,520	$271,870	$5,840,834
David Wells	CFO	$470,000	—	$430,588	$124,926	$549,430	$63,890	$1,638,834
Fred D. Bauer	General Counsel	$435,000	—	$336,063	$98,346	$397,155	$59,534	$1,326,098
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$400,000	—	$310,212	$90,372	$398,400	$53,643	$1,252,627
Kurt W. Loring	Vice President – Chief Human Resources Officer	$380,000	—	$327,184	$95,688	$346,940	$47,618	$1,197,430
Jason W. Vasquez	Vice President – Sales & Marketing, U.S. Service Centers	$325,000	—	$249,631	$71,766	$300,300	$15,021	$961,718

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$808,276	—	$2,617,925	$733,176	$1,748,250	$176,965	$6,084,592
David Wells	CFO	$424,305	—	$443,920	$141,963	$529,100	$47,308	$1,586,596
Fred D. Bauer	General Counsel	$405,018	—	$380,405	$120,399	$427,350	$49,603	$1,570,756
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$371,267	—	$332,940	$106,023	$427,350	$40,784	$1,278,364
Kurt W. Loring	Vice President – Chief Human Resources Officer	$347,159	—	$350,545	$113,211	$366,300	$36,348	$1,213,563

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$864,275	—	$2,131,751	$609,782	$942,921	$159,075	$4,707,804
Fred D. Bauer	General Counsel	$414,165	—	$306,123	$99,764	$230,492	$43,204	$2,020,402
David Wells	CFO	$433,887	—	$354,462	$118,088	$285,371	$38,029	$1,229,837
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$379,651	—	$268,534	$88,566	$230,492	$32,842	$1,000,085
Kurt W. Loring	Vice President – Chief Human Resources Officer	$354,999	—	$284,647	$94,674	$201,524	$29,518	$965,362

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$900,000	—	$2,000,363	$696,010	$652,239	$244,765	$4,493,377
Fred D. Bauer	General Counsel	$420,000	—	$310,589	$109,210	$159,436	$54,767	$1,225,318
David Wells	CFO	$425,000	—	$353,943	$122,250	$196,193	$51,279	$1,148,665
Kurt W. Loring	Vice President – Chief Human Resources Officer	$360,000	—	$288,912	$101,060	$136,660	$39,986	$926,618
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$375,000	—	$252,669	$88,020	$155,295	$41,908	$912,892

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	CEO	$875,000	—	$1,604,070	$562,330	$1,371,014	$228,898	$4,641,312
David Wells	CFO	$410,000	—	$278,730	$97,612	$392,357	$214,218	$1,392,917
Fred D. Bauer	General Counsel	$410,000	—	$262,940	$92,307	$327,485	$51,375	$1,144,107
Kurt W. Loring	Vice President – Chief Human Resources Officer	$348,000	—	$242,000	$84,880	$281,791	$36,105	$992,776
Warren E. Hoffner	Vice President, General Manager – Fluid Power & Flow Control	$342,500	—	$183,990	$65,782	$290,543	$37,422	$920,237

Key facts CIK 109563 CUSIP 03820C105 13F (30d) 124 filings 121 filers Visit website Investor relations