Kurt Loring - Applied Industrial Chief Human Resource Officer, Vice President

AIT Stock  USD 273.90  6.59  2.35%   

President

Mr. Kurt W. Loring is the Chief Human Resource Officer, Vice President of the Applied Industrial Technologies, Inc. Prior to then Mr. Loring was Vice President, Human Resources for the Forged Products segment of Precision Castparts Corporation . The 4.3 billion segment, with greater than 5, 000 employees, is a worldleading producer of complex forgings and highperformance nickelbased alloys and super alloys for aerospace, power generation, and general industrial applications since 2014.
Age 55
Tenure 10 years
Address 1 Applied Plaza, Cleveland, OH, United States, 44115
Phone216 426 4000
Webhttps://www.applied.com

Kurt Loring Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kurt Loring against Applied Industrial stock is an integral part of due diligence when investing in Applied Industrial. Kurt Loring insider activity provides valuable insight into whether Applied Industrial is net buyers or sellers over its current business cycle. Note, Applied Industrial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Applied Industrial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Applied Industrial Management Efficiency

The company has Return on Asset of 0.1061 % which means that on every $100 spent on assets, it made $0.1061 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2336 %, implying that it generated $0.2336 on every 100 dollars invested. Applied Industrial's management efficiency ratios could be used to measure how well Applied Industrial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Applied Industrial's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.14 in 2024, whereas Return On Capital Employed is likely to drop 0.12 in 2024. At this time, Applied Industrial's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.1 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 107.9 M in 2024.
Applied Industrial Technologies has 734.94 M in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. Applied Industrial has a current ratio of 3.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Applied to invest in growth at high rates of return.

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Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. The company was founded in 1923 and is headquartered in Cleveland, Ohio. Applied Industrial operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6100 people. Applied Industrial Technologies (AIT) is traded on New York Stock Exchange in USA. It is located in 1 Applied Plaza, Cleveland, OH, United States, 44115 and employs 6,549 people. Applied Industrial is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Applied Industrial Leadership Team

Elected by the shareholders, the Applied Industrial's board of directors comprises two types of representatives: Applied Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Applied. The board's role is to monitor Applied Industrial's management team and ensure that shareholders' interests are well served. Applied Industrial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Applied Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Macey, Principal Accounting Officer, Corporate Controller
Ryan Cieslak, Director of Investor Relations and Treasury
David Wells, Vice President, Chief Financial Officer, Treasurer
Jason Vasquez, VP Marketing
Jon JD, General VP
Dan Komnenovich, Independent Director
Madhuri Andrews, Independent Director
Sergio Nevrez, President Mexico
Neil Schrimsher, CEO and President Director and Member of Executive Committee
Richard Wagner, Chief Controller
Peter Wallace, Non-Executive Independent Chairman of the Board
Vincent Petrella, Independent Director
Warren Hoffner, Vice President, General Manager - Fluid Power and Flow Control
Fred Bauer, Vice President, General Counsel, Secretary
Julie Kho, Manager Relations
Robert Pagano, Independent Director
Mary Hall, Independent Director
Joe Mangiapane, Managing Zealand
Peter Dorsman, Independent Director
Joe Raver, Independent Director
Kurt Loring, Chief Human Resource Officer, Vice President
Mike Allen, LP Technologies

Applied Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Applied Stock Analysis

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