Applied Industrial

CEO Neil Schrimsher has led strategic repositioning since 2011, building durable technical positions while keeping leverage low and cash conversion high. FY2026 execution exceeded initial expectations with record sales, EBITDA and EPS, and timely capital deployment across M&A, buybacks and dividends.

Insider ownership is meaningful but not controlling; as of August 24, 2026 the CEO beneficially owned about 270,749 shares and the CFO about 103,547 shares, with directors and officers collectively around 1.6% of outstanding. Cultural markers are adequate based on public employee review data, with typical distribution‑sector variance by location.

Succession depth appears reasonable across operations, engineered solutions and finance. Sources: FY2026 Proxy Statement; FY2026 Annual Report.