Neil Schrimsher is President & Chief Executive Officer of Applied Industrial Technologies Inc (AIT). The company reported total compensation of $7,699,136 for fiscal year 2026.
| Salary | $1,025,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,718,060 |
| Option awards | $1,387,972 |
| Non-equity incentive plan | $1,334,345 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $233,759 |
| Total | $7,699,136 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Applied Industrial Technologies Inc filed September 10, 2026, accession 0001193125-26-387870.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2026 | President & Chief Executive Officer | $1,025,000 | $0 | $3,718,060 | $1,387,972 | $1,334,345 | $0 | $233,759 | $7,699,136 |
| FY2025 | President & Chief Executive Officer | $801,403 | $0 | $3,162,627 | $1,175,651 | $1,173,724 | $0 | $204,075 | $6,517,480 |
| FY2024 | President & Chief Executive Officer | $990,000 | $0 | $2,908,994 | $1,000,398 | $1,106,860 | $0 | $270,747 | $6,276,998 |
Totals as disclosed in each year's own compensation disclosure for Applied Industrial Technologies Inc.
| Peer-group chief executive median | $7,118,605 |
|---|---|
| Difference from that median | $580,531 |
| Percentile within the disclosed peer group | 60th |
| Peers with a disclosed figure | 14 |
Medians and percentiles are computed across the peer group Applied Industrial Technologies Inc discloses in its own compensation disclosure.
| Named executive officer | Role | FY2026 total |
|---|---|---|
| Neil Schrimsher this page | President & Chief Executive Officer | $7,699,136 |
| David Wells | Vice President – Chief Financial Officer & Treasurer | $2,004,910 |
| Kurt Loring | Vice President – Chief Human Resources Officer | $1,419,433 |
| Warren Hoffner | Vice President, General Manager – Fluid Power & Flow Control | $1,388,138 |
| Jason Vasquez | Vice President – Sales & Marketing, U.S. Service Centers | $1,350,470 |
The company's named executive officers for fiscal year 2026, and what it reported for each. See the full Applied Industrial Technologies Inc compensation brief.
Neil Schrimsher's compensation sits inside Applied Industrial Technologies Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The Applied Industrial Technologies Inc (AIT) compensation brief