AI brief of an SEC Form 8-K · Applied Industrial Technologies (AIT)
Applied Industrial Technologies elects Michael Olosky to board; shareholders re-elect directors
Applied Industrial Technologies added Michael L. Olosky, CEO of Simpson Manufacturing, to its board of directors at its October 20, 2026 annual meeting, where shareholders also elected three directors, approved executive pay in an advisory vote, and ratified Deloitte & Touche LLP as auditor. The filing reports votes, not financial results, so it does not change the company's reported performance.
Key points
- Michael L. Olosky, age 58, elected to the board with a term expiring October 2028; appointed to the Corporate Governance & Sustainability and Executive Organization & Compensation Committees.
- Robert J. Pagano, Jr., Neil A. Schrimsher and Pamela J. Tomczik elected as directors for three-year terms; Pagano received 27,434,584 votes for and 303,196 withheld.
- Advisory say-on-pay proposal received 29,946,147 votes for and 451,212 against.
- Deloitte & Touche LLP ratified as independent auditors for fiscal year ending June 30, 2027, with 30,789,800 votes for and 1,148,221 against.
The filing
CompanyApplied Industrial Technologies (AIT)
Form8-K, current report
Filed with the SECOct 22, 2026, 4:27 PM ET
Accession number0000109563-26-000040
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.