Applied Industrial Technologies Executive Compensation
Named Executive Officers — FY2023
Compensation Analysis
Computed directly from SEC-sourced figures tracked on this page — not a general description.
Applied Industrial Technologies discloses FY2023 compensation for 4 named executive officers, totaling $1.3M. Neil A. Schrimsher, the President Chief Executive Officer, accounts for 60% of that combined total.
Neil A. Schrimsher's total compensation rose 25% year-over-year, from $608,682 in FY2022 to $759,178 in FY2023.
Cash compensation (salary plus bonus) made up 0% of Applied Industrial Technologies's FY2023 tracked executive pay, with stock awards accounting for 29%. That's notably more stock-weighted than the typical Industrials company in this dataset, where stock awards average 3% of tracked pay.
Among 128 other Industrials companies in this dataset, Applied Industrial Technologies's combined tracked executive pay of $1.3M ranks in the 9th percentile (industry median: $12.6M). Its highest-paid executive, Neil A. Schrimsher, ranks in the 7th percentile for top-executive pay in the sector (industry median: $7.0M).