David K. Wells serves as Chief Financial Officer, Vice President, Treasurer of the Company. He served as Vice President-Finance from May 2017 through August 2017. Prior to joining Applied, from May 2015 to May 2017, Mr. Wells was Vice President & Chief Financial Officer of ESAB, a manufacturer of welding and material cutting products and a division of Colfax Corporation (NYSE: CFX). Prior to then he was Vice President & Chief Financial Officer of Apex Tool Group, a manufacturer of hand and power tools.
As the Chief Financial Officer, Vice President a Treasurer of Applied Industrial Technologies, the total compensation of David Wells at Applied Industrial Technologies is $1,229,840. There are 3 executives at Applied Industrial Technologies getting paid more, with Neil Schrimsher having the highest compensation of $4,707,800.
David Wells is 57, he's been the Chief Financial Officer, Vice President a Treasurer of Applied Industrial Technologies since 2019. There are 8 older and 8 younger executives at Applied Industrial Technologies. The oldest executive at Applied Industrial Technologies Inc. is Dan Komnenovich, 68, who is the Independent Director.
David's mailing address filed with the SEC is ONE APPLIED PLAZA, , CLEVELAND, OH, 44115.
Over the last 21 years, insiders at Applied Industrial Technologies have traded over $105,268,487 worth of Applied Industrial Technologies stock and bought 26,985 units worth $1,148,413 . The most active insiders traders include David L Pugh, Richard J Simoncic a Neil A Schrimsher. On average, Applied Industrial Technologies executives and independent directors trade stock every 17 days with the average trade being worth of $2,587,451. The most recent stock trade was executed by Warren E Iii Hoffner on 30 August 2024, trading 2,325 units of AIT stock currently worth $177,328.
with fiscal 2014 sales of $2.5 billion, applied industrial technologies (nyse: ait) is a leading industrial distributor that offers more than five million parts to serve the needs of mro and oem customers in virtually every industry. in addition, applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. applied also offers maintenance training and inventory management solutions that provide added value to its customers. the applied network encompasses more than 560 operating facilities and nine distribution centers. to learn more, visit www.applied.com.
Applied Industrial Technologies executives and other stock owners filed with the SEC include: