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Kurt Loring Biography and Net Worth

VP of Applied Industrial Technologies

Kurt W. Loring joined Applied® in 2014 as Vice President – Chief Human Resources Officer with responsibility for the development and execution of the Company’s HR strategy. He is a strategic business partner to the senior leadership team and helps drive the Management Development & Planning Process (MD&P) throughout the organization. Loring also oversees Applied’s talent management, recruiting – including predictive analytics, career development, succession planning, compensation, and benefits.

Loring joined Applied from Precision Castparts Corporation’s Forged Product Segment where he served as VP of Human Resources. In addition, he has more than 11 years of HR experience with Danaher Corporation, including the role of VP of Human Resources for Qualitrol Corp and, later, Fluke Electronics. He began his career with PPG Industries and rose through a succession of positions over a nine-year period, gaining experience in the areas of HR generalist, incentive compensation, health and welfare benefit structure, labor relations, and administrative services.

Loring holds a bachelor’s degree from Bethany College and a master’s degree in Global Human Resources Management from Rutgers.

What is Kurt W. Loring's net worth?: The estimated net worth of Kurt W. Loring is at least $5.14 million as of August 30th, 2024. Mr. Loring owns 19,315 shares of Applied Industrial Technologies stock worth more than $5,137,017 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Loring may own. Additionally, Mr. Loring receives an annual salary of $776,920.00 as VP at Applied Industrial Technologies. Learn More about Kurt W. Loring's net worth.
How old is Kurt W. Loring?: Mr. Loring is currently 55 years old. There are 3 older executives and no younger executives at Applied Industrial Technologies. The oldest executive at Applied Industrial Technologies is Mr. Neil A. Schrimsher, President, CEO & Director, who is 60 years old. Learn More on Kurt W. Loring's age.
What is Kurt W. Loring's salary?: As the VP of Applied Industrial Technologies, Inc., Mr. Loring earns $776,920.00 per year. There are 2 executives that earn more than Mr. Loring. The highest earning executive at Applied Industrial Technologies is Mr. Neil A. Schrimsher, President, CEO & Director, who commands a salary of $2,870,000.00 per year. Learn More on Kurt W. Loring's salary.
How do I contact Kurt W. Loring?: The corporate mailing address for Mr. Loring and other Applied Industrial Technologies executives is ONE APPLIED PLAZA, CLEVELAND OH, 44115. Applied Industrial Technologies can also be reached via phone at (216) 426-4000 and via email at [email protected]. Learn More on Kurt W. Loring's contact information.
Has Kurt W. Loring been buying or selling shares of Applied Industrial Technologies?: Kurt W. Loring has not been actively trading shares of Applied Industrial Technologies during the last ninety days. Most recently, Kurt W. Loring sold 4,858 shares of the business's stock in a transaction on Friday, August 30th. The shares were sold at an average price of $203.10, for a transaction totalling $986,659.80. Following the completion of the sale, the vice president now directly owns 19,315 shares of the company's stock, valued at $3,922,876.50. Learn More on Kurt W. Loring's trading history.
Who are Applied Industrial Technologies' active insiders?: Applied Industrial Technologies' insider roster includes Fred Bauer (VP), Peter Dorsman (Director), Mary Hall (Director), Warren Hoffner, III (VP), Kurt Loring (VP), Christopher Macey (Insider), Vincent Petrella (Director), Neil Schrimsher (CEO), Jason Vasquez (VP), and Peter Wallace (Director). Learn More on Applied Industrial Technologies' active insiders.
Are insiders buying or selling shares of Applied Industrial Technologies?: In the last year, insiders at the industrial products company sold shares 6 times. They sold a total of 15,707 shares worth more than $3,116,062.04. The most recent insider tranaction occured on August, 30th when VP Kurt W Loring sold 4,858 shares worth more than $986,659.80. Insiders at Applied Industrial Technologies own 1.7% of the company. Learn More about insider trades at Applied Industrial Technologies.
Information on this page was last updated on 8/30/2024.

Kurt W. Loring Insider Trading History at Applied Industrial Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/30/2024	Sell	4,858	$203.10	$986,659.80	19,315
8/23/2024	Sell	3,366	$209.02	$703,561.32	19,315
11/14/2023	Sell	5,470	$164.50	$899,815.00	21,269
8/25/2022	Sell	7,146	$112.66	$805,068.36	24,632

Kurt W. Loring Buying and Selling Activity at Applied Industrial Technologies

Applied Industrial Technologies Company Overview

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Today's Range

Now: $265.96

$262.92

$267.30

50 Day Range

MA: $232.93

$197.45

$275.26

2 Week Range

Now: $265.96

$155.47

$276.97

Volume

179,074 shs

Average Volume

285,541 shs

Market Capitalization

$10.23 billion

P/E Ratio

27.14

Dividend Yield

0.55%

Beta

1.03

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Kurt Loring Biography and Net Worth

What is Kurt W. Loring's net worth?

How old is Kurt W. Loring?

What is Kurt W. Loring's salary?

How do I contact Kurt W. Loring?

Has Kurt W. Loring been buying or selling shares of Applied Industrial Technologies?

Who are Applied Industrial Technologies' active insiders?

Are insiders buying or selling shares of Applied Industrial Technologies?