secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK:        0000109563
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000109563-22-000093
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Industrial Technologies elects Shelly M. Chadwick to Board of Directors
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- Shelly M. Chadwick, age 50, elected August 9, 2022 for a term expiring October 2024.
- Chadwick is VP Finance & CFO of Materion (NYSE: MTRN); previously VP Finance & CAO at Timken (NYSE: TKR).
- Board now comprises 9 directors (8 independent); Chadwick not yet assigned to any committee.
- Non-employee director annual retainer $100,000; additional chair retainers for Audit ($20k) and Compensation ($15k).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109563/000010956322000093/0000109563-22-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109563/000010956322000093/ait-20220809.htm
  HTML page:      https://secwatch.observer/filing/0000109563-22-000093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer