People: Applied Industrial Technologies Inc (AIT)

AIT on New York Consolidated

47.85USD
17 Sep 2014
Price Change (% chg)

$-0.20 (-0.42%)
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Volume
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Summary

Name Age Since Current Position

John Meier

66 2011 Independent Chairman of the Board

Neil Schrimsher

50 2013 President, Chief Executive Officer, Director

Mark Eisele

56 2004 Chief Financial Officer, Vice President, Treasurer

Todd Barlett

58 2004 Vice President - Acquisitions and Global Business Development

Fred Bauer

47 2002 Vice President, General Counsel, Secretary

Thomas Armold

58 2008 Vice President - Marketing and Strategic Accounts

Carl Will

2013 Chief Commercial Officer

Thomas Commes

71 1999 Independent Director

Peter Dorsman

58 2002 Independent Director

L. Thomas Hiltz

67 1981 Independent Director

Edith Kelly-Green

60 2002 Independent Director

Dan Komnenovich

61 2012 Independent Director

J. Michael Moore

70 1997 Independent Director

Vincent Petrella

53 2012 Independent Director

Jerry Thornton

67 1994 Independent Director

Peter Wallace

59 2005 Independent Director

Biographies

Name Description

John Meier

Mr. John F. Meier is Independent Chairman of the Board of Applied Industrial Technologies Inc. He was Chairman and Chief Executive Officer of Libbey Inc. (NYSE Amex: LBY), a leading supplier of glass tableware products in the U.S., Canada, and Mexico, in addition to supplying to other key international markets. Mr. Meier served as Libbey’s Chairman and Chief Executive Officer for 18 years, leading the company through significant business acquisitions and international expansion.

Neil Schrimsher

Mr. Neil A. Schrimsher is President, Chief Executive Officer, Director of Applied Industrial Technologies, Inc. From February 2010 to August 2011, Mr. Schrimsher was Executive Vice President of Cooper Industries plc (NYSE: CBE), a global electrical products manufacturer, where he led Cooper’s Electrical Products Group and headed numerous domestic and international growth initiatives. He was President of Cooper Lighting, Inc. throughout the period from 2006 to December 2010. Prior to joining Cooper in 2006, he was an executive for Siemens Energy & Automation, Inc., part of Siemens AG, the global electronics and electrical engineering company.

Mark Eisele

Todd Barlett

Mr. Todd A. Barlett is Vice President - Acquisitions and Global Business Development of Applied Industrial Technologies, Inc.

Fred Bauer

Thomas Armold

Mr. Thomas E. Armold is Vice President - Marketing and Strategic Accounts of Applied Industrial Technologies Inc. He previously served as Vice President - Product Management and Marketing.

Carl Will

Mr. Carl E. Will is Chief Commercial Officer of Applied Industrial Technologies Inc. Most recently, Mr. Will was the Senior Vice President -- Global Commercial Operations for Invacare Corporation (NYSE: IVC), a $1.8 billion (2012 annual sales) medical equipment manufacturer and distributor. In his eight years with Invacare, Mr. Will had increasing responsibility over multiple business units, including the Company's, North American Homecare. Prior to Invacare, he worked for GE in Business Development and as Vice President of Sales & Marketing of GELcore. Mr. Will spent four years with McKinsey & Company, predominantly in strategic growth, sales/marketing execution and acquisition integration assignments. He began his professional career with Deloitte & Touche as a Staff Accountant. Mr. Will holds a Bachelor of Business Administration degree from The Ohio State University and an MBA from Duke University's Fuqua School of Business.

Thomas Commes

Mr. Thomas A. Commes is Independent Director of Applied Industrial Technologies Inc. He was President and Chief Operating Officer, and a director, of The Sherwin-Williams Company (NYSE: SHW), a manufacturer, distributor, and retailer of paints and painting supplies. His career included service as that company’s Chief Financial Officer. Mr. Commes has an extensive background in finance and accounting through his education and work as a Certified Public Accountant with an international public accounting firm and later as a financial executive for several large retailers, culminating in his role as Sherwin-Williams’ Chief Financial Officer.

Peter Dorsman

Mr. Peter A. Dorsman is Independent Director of Applied Industrial Technologies Inc. He has been Executive Vice President and Chief Quality Officer for NCR Corporation (NYSE: NCR) since July 2012. NCR is a global technology company providing assisted and self-service solutions and comprehensive support services that address the needs of retail, financial, travel, healthcare, hospitality, entertainment, and gaming organizations throughout the world.

L. Thomas Hiltz

Mr. L. Thomas Hiltz is Independent Director of Applied Industrial Technologies Inc. He is an attorney in Covington, Kentucky and is one of five trustees of the H.C.S. Foundation, a charitable trust which has sole voting and dispositive power with respect to 500,000 shares (as of June 30, 2013) of Applied stock. Mr. Hiltz’s background as a practicing lawyer and fiduciary includes diverse experience with business transactions, including mergers and acquisitions, and board governance.

Edith Kelly-Green

Ms. Edith Kelly-Green is Independent Director of Applied Industrial Technologies Inc. She was Vice President and Chief Sourcing Officer of FedEx Express, the world’s largest express transportation company and a subsidiary of FedEx Corporation (NYSE: FDX). Ms. Kelly-Green has significant procurement and logistics experience from her service with FedEx Express, where she was successful in designing and enhancing the company’s extensive internal supply chain processes. Because Applied is a distributor, the processes of buying, inventorying, and transporting products are critical to our business. In addition, her career began in the field of accounting as a Certified Public Accountant with an international public accounting firm and she served as Vice President-Internal Audit with FedEx Corporation. Ms. Kelly-Green’s skills and background in these areas make her well-suited for our company and Board.

Dan Komnenovich

Mr. Dan P. Komnenovich is Independent Director of Applied Industrial Technologies Inc. He was President and Chief Executive Officer of Aviall, Inc. from January 2010 until his retirement in August 2013. Aviall, a wholly owned subsidiary of The Boeing Company (NYSE: BA), is one of the world’s largest providers of new aviation parts and related aftermarket operations. It also provides maintenance for aviation batteries, wheels, and brakes, as well as hose assembly, kitting, and paint-mixing services, and offers a complete set of supply chain and logistics services, including order processing, stocking and fulfillment, automated inventory management, and reverse logistics to OEMs and customers. From 2000 until January 2010, he was Aviall’s Executive Vice President and Chief Operating Officer. Mr. Komnenovich led a global multi-billion dollar distribution company which grew significantly during his service as a senior executive.

J. Michael Moore

Mr. J. Michael Moore is Independent Director of Applied Industrial Technologies Inc. He is President of Oak Grove Consulting Group, Inc. He was Chairman and Chief Executive Officer of Invetech Company, a distributor of bearings, mechanical and electrical drive system products, industrial rubber products, and specialty maintenance and repair products, prior to its acquisition by Applied in 1997. Moore was the longtime Chairman and Chief Executive Officer of Invetech, an industrial distributor and direct competitor of Applied’s. After Applied acquired Invetech, Mr. Moore continued to participate in industry trade associations, and served as board chairman of the National Association of Wholesaler-Distributors. His firsthand experience with the operational, financial, and marketplace dynamics of Applied’s industry makes him a key contributor to the Board’s business discussions. In addition, Mr. Moore’s career includes service as Invetech’s Chief Financial Officer and as a board member, and chairman, of the Detroit branch of the Federal Reserve Bank of Chicago.

Vincent Petrella

Mr. Vincent K. Petrella is Independent Director of Applied Industrial Technologies Inc. He is Senior Vice President, Chief Financial Officer and Treasurer of Lincoln Electric Holdings, Inc. (NASDAQ: LECO). Lincoln Electric engages in the design, manufacture, and sale of welding, cutting, and brazing products worldwide. As one of Lincoln Electric’s top executives, Mr. Petrella has helped lead the company’s global expansion over the last decade. His leadership and operating experience, and his knowledge of industrial distribution in North America and abroad, position him to be a key contributor to discussions about Applied’s strategy. In addition, Mr. Petrella’s finance and accounting background (before joining Lincoln Electric he was a Certified Public Accountant with an international public accounting firm) and his current service as Chief Financial Officer for a multi-billion dollar public company make him a valued member of the Board and the Audit Committee.

Jerry Thornton

Dr. Jerry Sue Thornton, Ph.D., is Independent Director of Applied Industrial Technologies Inc. She retired in June 2013 after serving as President of Cuyahoga Community College, the largest multi-campus community college in Ohio, for more than 20 years. Upon her retirement, Cuyahoga Community College honored her with the title of President Emeritus.

Peter Wallace

Mr. Peter C. Wallace is Independent Director of Applied Industrial Technologies Inc. He was President and Chief Executive Officer, and a director, of Robbins & Myers, Inc. (formerly NYSE: RBN), until it was acquired in February 2013 by National Oilwell Varco, Inc. Robbins & Myers is a leading designer, manufacturer, and marketer of highly engineered, application-critical equipment and systems for energy, chemical, pharmaceutical, and industrial markets worldwide. Prior to joining Robbins & Myers, Mr. Wallace was President and Chief Executive Officer of IMI Norgren Group, a manufacturer of sophisticated motion and fluid control systems for original equipment manufacturers. Mr. Wallace has a wide and varied background as a senior executive in global industrial equipment manufacturing. He brings to the Board the perspective of someone familiar with all facets of worldwide business operations, including the experience of leading a NYSE-listed company. Prior to joining Robbins & Myers, Mr. Wallace had global responsibilities for equipment manufacturers with product lines that Applied (and others) represented as a distributor in the fluid power and power transmission component fields.

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