Applied Industrial Tech shareholders back board, pay, and auditor
Rhea-AI Filing Summary
Applied Industrial Technologies (AIT) reported the results of its annual meeting held on October 21, 2025. There were 37,751,071 shares of common stock entitled to vote.
Shareholders elected three directors for three-year terms: Mary Dean Hall (For 28,555,324; Withheld 3,722,211; Broker non-votes 2,096,107), Joe A. Raver (For 28,731,867; Withheld 3,545,668; Broker non-votes 2,096,107), and Richard J. Simoncic (For 31,089,269; Withheld 1,188,266; Broker non-votes 2,096,107). The terms of six other directors continue.
Shareholders approved the nonbinding advisory vote on executive compensation (For 31,401,048; Against 799,147; Abstain 77,340; Broker non-votes 2,096,107) and ratified Deloitte & Touche LLP as independent auditors for the fiscal year ending June 30, 2026 (For 32,963,439; Against 1,384,038; Abstain 26,165).
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FAQ
What did AIT shareholders vote on at the annual meeting?
Director elections (three seats), a nonbinding say-on-pay vote, and auditor ratification for Deloitte & Touche LLP.
Which directors were elected to AIT's board?
Mary Dean Hall, Joe A. Raver, and Richard J. Simoncic were elected for three-year terms.
How many AIT shares were entitled to vote?
37,751,071 shares of common stock were entitled to vote.
Did AIT's say-on-pay proposal pass, and what were the votes?
Yes. For 31,401,048; Against 799,147; Abstain 77,340; Broker non-votes 2,096,107.
Which audit firm was ratified by AIT shareholders and how did the vote break down?
Deloitte & Touche LLP was ratified: For 32,963,439; Against 1,384,038; Abstain 26,165.
What were the vote totals for each elected AIT director?
Hall: For 28,555,324, Withheld 3,722,211; Raver: For 28,731,867, Withheld 3,545,668; Simoncic: For 31,089,269, Withheld 1,188,266. Each had Broker non-votes 2,096,107.