AIT · Applied Industrial Technologies Inc · Executive Compensation

$317.00 -2.40 (-0.75%) At close · Oct 23

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$11.63B

36.70M

Volume · Oct 23 325.91K Avg daily vol (3M) 268.67K

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 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	President & Chief Executive Officer	$1,025,000	—	$3,718,060	$1,387,972	$1,334,345	$233,759	$7,699,136

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Neil Schrimsher	President & Chief Executive Officer	$801,403	—	$3,162,627	$1,175,651	$1,173,724	$204,075	$6,517,480
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$463,970	—	$612,085	$261,256	$373,932	$51,648	$1,762,891
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	President & Chief Executive Officer	$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
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$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	President & Chief Executive Officer	$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
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$490,000	—	$526,804	$169,106	$536,040	$65,715	$1,787,665
Fred D. Bauer	Retired Vice President – General Counsel & Secretary	$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	President & Chief Executive Officer	$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
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$470,000	—	$430,588	$124,926	$549,430	$63,890	$1,638,834
Fred D. Bauer	Retired Vice President – General Counsel & Secretary	$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	President & Chief Executive Officer	$808,276	—	$2,617,925	$733,176	$1,748,250	$176,965	$6,084,592
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$424,305	—	$443,920	$141,963	$529,100	$47,308	$1,586,596
David Wells	CFO	$424,305	—	$443,920	$141,963	$529,100	$47,308	$1,586,596
Fred D. Bauer	Retired Vice President – General Counsel & Secretary	$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	President & Chief Executive Officer	$864,275	—	$2,131,751	$609,782	$942,921	$159,075	$4,707,804
Fred D. Bauer	Vice President – General Counsel & Secretary	$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
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$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	President & Chief Executive Officer	$900,000	—	$2,000,363	$696,010	$652,239	$244,765	$4,493,377
Fred D. Bauer	Vice President – General Counsel & Secretary	$420,000	—	$310,589	$109,210	$159,436	$54,767	$1,225,318
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$425,000	—	$353,943	$122,250	$196,193	$51,279	$1,148,665
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	President & Chief Executive Officer	$875,000	—	$1,604,070	$562,330	$1,371,014	$228,898	$4,641,312
David K. Wells	Vice President – Chief Financial Officer & Treasurer	$410,000	—	$278,730	$97,612	$392,357	$214,218	$1,392,917
David Wells	CFO	$410,000	—	$278,730	$97,612	$392,357	$214,218	$1,392,917
Fred D. Bauer	Vice President – General Counsel & Secretary	$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

Executive changes

Person	Role	Change	Effective	Filed
Pamela J. Tomczik	director	Appointed	2026-10-20	2026-10-22
Neil A. Schrimsher	director	Appointed	2026-10-20	2026-10-22
Robert J. Pagano, Jr.	director	Appointed	2026-10-20	2026-10-22
Michael L. Olosky	Board of Directors	Appointed	2026-10-20	2026-10-22
Peter C. Wallace	Board of Directors	Retired	2026-10-20	2026-08-14
Pamela J. Tomczik	Board of Directors	Appointed	2026-08-11	2026-08-14
Richard M. Wagner	principal accounting officer	Appointed	2024-10-25	2024-10-25
Dan Komnenovich	Board of Directors	Retired	2024-10-22	2024-08-13
Richard J. Simoncic	Board of Directors	Appointed	2024-08-13	2024-08-13
David K. Wells	principal accounting officer	Appointed	2023-06-28	2023-06-30
Fred D. Bauer	Vice President – General Counsel & Secretary	Retired	2023-01-31	2023-01-30
Shelly M. Chadwick	Board of Directors	Appointed	2022-08-09	2022-08-11

Leadership

Neil Schrimsher CEO, Board Member
David K. Wells CFO, Chief Accounting Officer
David Wells CFO
Richard M. Wagner Chief Accounting Officer
Michael L. Olosky Board Member
Neil A. Schrimsher Board Member
Pamela J. Tomczik Board Member
Robert J. Pagano Board Member
Robert J. Pagano, Jr. Board Member

Key facts CIK 109563 CUSIP 03820C105 13F (30d) 140 filings 129 filers Visit website Investor relations