Alexander KarpAlexander Karp earned $1B in 2024

In 2011, David L. Pugh earned $2.00M in total compensation at Applied Industrial Technologies, including $302.09K salary and $302.09K bonus. Most recently acquired 12,937 shares in Aug 2011. Currently holds stock worth $2.45M. Has donated $618.98K in stock to charitable causes. Led Applied Industrial Technologies as CEO for 9 years.

Compensation History

Annual executive compensation data for David L. Pugh, including salary, bonuses, and stock awards.

Year

2011

Total Compensation

$2.00M

Salary

$302.09K

Bonus

$302.09K

Other

$1.39M

Salary

$302.09K

Board Justification

The compensation philosophy aims to attract and retain qualified executives while aligning their interests with those of shareholders, focusing on long-term performance and competitive compensation.

Bonus

$302.09K

Board Justification

A guaranteed bonus paid in lieu of participation in an incentive plan for 2012; he had previously announced his retirement and the Committee sought to induce him to remain with Applied until his successor was elected.

Other Compensation

$1.39M

Board Justification

Includes the present value of the SERP benefit and other retirement-related payouts.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards were vested in 2012 as Mr. Pugh did not participate in the incentive plan due to his retirement.

Performance Metrics

The performance metrics for the annual incentive plan were not applicable to Mr. Pugh as he was not eligible for incentive awards in 2012.

A

David L. Pugh

Ex-CEO of Applied Industrial Technologies

Education

Bachelor's Degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

July 15, 1942 - 83 years ago

CEO of Applied Industrial Technologies for

9 years 0 months (Oct 2002 - Oct 2011)

Previous Experience

Chairman & Chief Executive Officer of Applied Industrial Technologies, Inc.

Holdings

Track David L. Pugh's stock holdings and portfolio value over time.

Total Stock Sold

$10.56M

AIT

$10.56M

300,000 AIT shares

What if they kept their stock?

If David L. Pugh didn't sell their stock, today they would have:
Extra AIT300,000 shares worth $77.37M.
This is 632.44% and $66.81M more than what they got when they sold the stock.

Charitable Transactions

AIT

2,400 shares

AIT

Recent Charitable Transactions

Insider Trading

David L. Pugh's recent stock transactions, purchases, and sales filed with the SEC.

Rivals

Compare David L. Pugh with competitor CEOs and industry peers.