Peter Wallace - Applied Industrial Non-Executive Independent Chairman of the Board
| AIT Stock | USD 230.26 5.81 2.59% |
Chairman
Mr. Peter C. Wallace is an Independent Chairman of the Board of Applied Industrial Technologies, Inc. Mr. Wallace most recently was Chief Executive Officer of Gardner Denver, Inc. from June 2014 until retiring in December 2015. Gardner Denver is a privately owned worldwide manufacturer of highly engineered products, including compressors, liquid ring pumps, and blowers for various industrial, medical, environmental, transportation, and process applications, pumps used in the petroleum and industrial market segments, and other fluid transfer equipment. Prior to joining Gardner Denver, Mr. Wallace was President and Chief Executive Officer, and a director, of Robbins Myers, Inc., from 2004 until it was acquired in February 2013 by National Oilwell Varco, Inc. Robbins Myers was a leading designer, manufacturer, and marketer of highly engineered, applicationcritical equipment and systems for energy, chemical, pharmaceutical, and industrial markets worldwide. Mr. Wallace has a wide and varied background as a senior executive in global industrial equipment manufacturing. Mr. Wallace brings to the Board the perspective of someone familiar with all facets of worldwide business operations, including the experience of leading a NYSElisted company since 2014.
| Age | 66 |
| Tenure | 11 years |
| Phone | 216 426 4000 |
| Web | https://www.applied.com |
Peter Wallace Latest Insider Activity
Tracking and analyzing the buying and selling activities of Peter Wallace against Applied Industrial stock is an integral part of due diligence when investing in Applied Industrial. Peter Wallace 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.
Peter Wallace over six months ago Disposition of 1560 shares by Peter Wallace of Applied Industrial at 194.56 subject to Rule 16b-3 | ||
Peter Wallace over six months ago Acquisition by Peter Wallace of tradable shares of Applied Industrial at 193.0 subject to Rule 16b-3 | ||
Peter Wallace over six months ago Acquisition by Peter Wallace of tradable shares of Applied Industrial at 189.89 subject to Rule 16b-3 | ||
Peter Wallace over a year ago Exercise or conversion by Peter Wallace of 1130 shares of Applied Industrial subject to Rule 16b-3 |
Applied Industrial Management Efficiency
The company has Return on Asset of 0.1064 % which means that on every $100 spent on assets, it made $0.1064 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.227 %, implying that it generated $0.227 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.Similar Executives
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Management Performance
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.11 |
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
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Applied Industrial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 9.11 B | ||||
| Shares Outstanding | 38.38 M | ||||
| Shares Owned By Insiders | 0.96 % | ||||
| Shares Owned By Institutions | 95.78 % | ||||
| Number Of Shares Shorted | 918.07 K | ||||
| Price To Earning | 44.62 X |
Thematic Opportunities
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Additional Tools for Applied Stock Analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.