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Applied Industrial Technologies Executive Compensation (FY26)

AIT · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Neil Schrimsher
Latest say-on-pay support
=
October 21, 2025
Chief executive pay ratio
◇
To the median employee
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13 filings cited on this page
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Applied Industrial Technologies brief$500Get the executive brief
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371 figures on this page: 361 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Neil Schrimsher: $6,517,480 → $7,699,136 (18.1% higher)
Say-on-pay support: 96.1% → 97.3% (1.2 points higher)
CEO pay ratio: 74:1 → 105:1 (41.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Applied Industrial Technologies' chief executive and what were they paid?
Total compensation for Neil Schrimsher, President & Chief Executive Officer, came to $7,699,136 in fiscal 2026. Schrimsher's total moved 18.1% higher from the $6,517,480 reported for fiscal 2025.
What was Applied Industrial Technologies' say-on-pay result?
The say-on-pay proposal drew 97.3% of votes cast including abstentions in favor at the meeting held October 21, 2025 for fiscal 2025.
Which companies are in Applied Industrial Technologies' peer group?
The disclosed peer group names AAR Corp., APi Group Corporation, BlueLinx Holdings Inc., Boise Cascade Company and Fastenal Company, among others.
What is Applied Industrial Technologies' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 105:1.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Schrimsher
President & Chief Executive Officer
◇—◇◇◇—◇◇
David Wells
Vice President – Chief Financial Officer & Treasurer
◇—◇◇◇—◇◇
Fred Bauer
Retired Vice President – General Counsel & Secretary
◇—◇◇◇—◇◇
Warren Hoffner
Vice President, General Manager – Fluid Power & Flow Control
◇—◇◇◇—◇◇
Kurt Loring
Vice President – Chief Human Resources Officer
◇—◇◇◇—◇◇
Jason Vasquez
Vice President – Sales & Marketing, U.S. Service Centers
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Schrimsher
President & Chief Executive Officer
◇—◇◇◇—◇◇
David Wells
Vice President – Chief Financial Officer & Treasurer
◇—◇◇◇—◇◇
Fred Bauer
Retired Vice President – General Counsel & Secretary (5)
Departed during or after this year
◇—◇◇◇◇◇◇
Warren Hoffner
Vice President, General Manager – Fluid Power & Flow Control
◇—◇◇◇—◇◇
Kurt Loring
Vice President – Chief Human Resources Officer
◇—◇◇◇—◇◇
Jason Vasquez
Vice President – Sales & Marketing, U.S. Service Centers
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Schrimsher
President & Chief Executive Officer
◇—◇◇◇—◇◇
David Wells
Vice President – Chief Financial Officer & Treasurer
◇—◇◇◇—◇◇
Warren Hoffner
Vice President, General Manager – Fluid Power & Flow Control
◇—◇◇◇—◇◇
Kurt Loring
Vice President – Chief Human Resources Officer
◇—◇◇◇—◇◇
Jason Vasquez
Vice President – Sales & Marketing, U.S. Service Centers
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Schrimsher
President & Chief Executive Officer
◇—◇◇◇—◇◇
David Wells
Vice President – Chief Financial Officer & Treasurer
◇—◇◇◇—◇◇
Kurt Loring
Vice President – Chief Human Resources Officer
◇—◇◇◇—◇◇
Warren Hoffner
Vice President, General Manager – Fluid Power & Flow Control
◇—◇◇◇—◇◇
Jason Vasquez
Vice President – Sales & Marketing, U.S. Service Centers
◇—◇◇◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Schrimsher
President & Chief Executive Officer
◇—◇◇◇—◇◇
David Wells
Vice President – Chief Financial Officer & Treasurer
◇—◇◇◇—◇◇
Kurt Loring
Vice President – Chief Human Resources Officer
◇—◇◇◇—◇◇
Warren Hoffner
Vice President, General Manager – Fluid Power & Flow Control
◇—◇◇◇—◇◇
Jason Vasquez
Vice President – Sales & Marketing, U.S. Service Centers
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David WellsRSU◇——◇——◇
David WellsOPTION◇——◇—◇◇
Jason VasquezOPTION◇——◇—◇◇
Jason VasquezRSU◇——◇——◇
Kurt LoringOPTION◇——◇—◇◇
Kurt LoringRSU◇——◇——◇
Neil SchrimsherRSU◇——◇——◇
Neil SchrimsherOPTION◇——◇—◇◇
Warren HoffnerRSU◇——◇——◇
Warren HoffnerOPTION◇——◇—◇◇
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jason VasquezPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇8/13/2034
Option◇—◇8/9/2032
Option◇—◇8/8/2033
PSU◇◇——
Option◇—◇8/12/2035
Kurt LoringRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇8/8/2033
Option◇—◇8/13/2034
Option◇—◇8/9/2032
Option◇—◇8/12/2035
RSU◇◇——
David WellsRSU◇◇——
Option◇—◇8/12/2035
Option◇—◇8/9/2032
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇8/13/2034
PSU◇◇——
RSU◇◇——
Option◇—◇8/8/2033
Warren HoffnerRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇8/9/2032
Option◇—◇8/8/2033
Option◇—◇8/13/2024
Option◇—◇8/12/2035
Neil SchrimsherPSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇8/9/2032
Option◇—◇8/12/2035
Option◇—◇8/13/2034
PSU◇◇——
PSU◇◇——
Option◇—◇8/8/2033
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter C. Wallace
Board chair
◇◇———◇◇
Vincent K. Petrella
◇◇————◇
Joe A. Raver
◇◇————◇
Richard J. Simoncic
◇◇————◇
Robert J. Pagano Jr
◇◇————◇
Madhuri A. Andrews
◇◇————◇
Mary Dean Hall
◇◇————◇
Shelly M. Chadwick
◇◇————◇
Neil A. Schrimsher and Pamela J. Tomczik served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • AAR Corp. AAR
  • APi Group Corporation APG
  • BlueLinx Holdings Inc. BXC
  • Boise Cascade Company BCC
  • Fastenal Company FAST
  • MRC Global Inc. MRC
  • MSC Industrial Direct Co., Inc. MSM
  • NOW Inc. NOW
  • Owens & Minor, Inc. OMI
  • Pool Corporation POOL
  • Rush Enterprises, Inc. RUSHB
  • ScanSource, Inc. SCSC
  • SiteOne Landscape Supply, Inc. SITE
  • UniFirst Corporation UNF
  • Watsco, Inc. WTS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025October 21, 2025=◇◇◇
2024October 22, 2024=◇◇◇
2023October 24, 2023=◇◇◇
2022October 25, 2022=◇◇◇
2021October 26, 2021=◇◇◇
2020October 27, 2020=◇◇◇
2019October 29, 2019=◇◇◇
2018October 30, 2018=◇◇◇
2017October 24, 2017=◇◇◇
2016October 25, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Neil Schrimsher (President & Chief Executive Officer), FY2026 total compensation $7,699,136 (base salary $1,025,000) [exec_comp, SEC accession 0001193125-26-387870, filed 2026-09-10]

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What this page does not include

Everything above is a fact Applied Industrial Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Applied Industrial Technologies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
371 figures on this page: 361 cited to the filing that reported them, 10 calculated from figures it prints.
361 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-387870
    CEO Pay Ratio Disclosure · Director Compensation · Grants of Plan-Based Awards Table — Fiscal Year 2026 · Outstanding Equity Awards at Fiscal 2026 Year-End Table · and 1 more section
  2. 0000109563-25-000098
    ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
  3. 0001193125-25-200079
    Summary Compensation Table
  4. 0000109563-24-000099
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000109563-23-000101
  6. 0001193125-23-231559
    Summary Compensation Table
  7. 0000109563-22-000123
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000109563-21-000092
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000109563-20-000091
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000109563-19-000113
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000109563-18-000125
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000109563-17-000162
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000109563-16-000307
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Applied Industrial Technologies executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/AIT (accessed 2026).
Short form: data: Velarion

The Applied Industrial Technologies brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Applied Industrial Technologies discloses

The companies named in AIT's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}