Current Report Filing (8-k)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 28, 2014

APPLIED INDUSTRIAL TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)



OHIO	1-2299	34-0117420
(State or Other Jurisdiction of	(Commission File	(I.R.S. Employer
Incorporation or Organization)	Number)	Identification No.)

One Applied Plaza, Cleveland, Ohio 44115

(Address of Principal Executive Officers) (Zip Code)

Registrant's Telephone Number, Including Area Code: (216) 426-4000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

q Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

q Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

q Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

(17 CFR 240.14d-2(b))

q Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

ITEM 8.01. OTHER EVENTS.

On October 28, 2014, the Board of Directors of Applied Industrial Technologies, Inc. (“Applied”) elected Peter C. Wallace as its independent Chairman. Applied issued the press release attached as Exhibit 99.1 announcing the election.

Mr. Wallace, age 60, has served on the AppliedBoard since 2005. He is Chief Executive Officer of Gardner Denver, Inc.

The information in this Report on Form 8-K, including the Exhibit, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit 99.1 - Press release of Applied Industrial Technologies, Inc. dated October 29, 2014.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.



	APPLIED INDUSTRIAL TECHNOLOGIES, INC.
	(Registrant)



	By: /s/ Fred D. Bauer
	Fred D. Bauer, Vice President-General Counsel & Secretary
Date: October 29, 2014

EXHIBIT INDEX

Exhibit No. Description


99.1	The following exhibit is furnished with this Report on Form 8-K: Press release of Applied Industrial Technologies, Inc. dated October 29, 2014.

EXHIBIT 99.1

Peter C. Wallace Elected Chairman of

Applied Industrial Technologies Board of Directors

Cleveland, OH (October 29, 2014) - The Board of Directors of Applied Industrial Technologies (NYSE: AIT) has elected Peter C. Wallace as its independent Chairman. He succeeds John F. Meier, who has served as Chairman since 2011 and who will continue to serve as a member of the Board.

Mr. Wallace, age 60, has served on the Applied^®Board since 2005. He is Chief Executive Officer of Gardner Denver, Inc., a privately owned global manufacturer of engineered compressors, pumps, blowers, and fluid management solutions for critical applications in industrial, energy, medical, chemical and other demanding industries. He was elected CEO of Gardner Denver in June 2014 after having served on its board. Previously, he was President and Chief Executive Officer, and a director, of Robbins & Myers, Inc., from 2004 until it was acquired in February 2013 by National Oilwell Varco, Inc. Robbins & Myers was a NYSE-listed leading designer, manufacturer, and marketer of highly engineered equipment and systems for energy, chemical, pharmaceutical and industrial markets worldwide. Mr. Wallace also serves on the board of Rogers Corporation, a NYSE-listed company providing advanced materials technologies and design collaboration for a wide range of industries.

Mr. Meier, 67, is the former Chairman and Chief Executive Officer of Libbey Inc., a leading supplier of glass tableware products, from which he retired in 2011. He has served on the Applied Board since 2005, and he also serves as a director of Cooper Tire & Rubber Company.

“We thank John for his valued service as Chairman and for fulfilling his agreed term, and we are grateful to know that the Board will continue to benefit from his wisdom and experience,” said Applied’s President & Chief Executive Officer Neil A. Schrimsher. “We are also pleased to have Pete succeed John. As a member of our Board for nine years, Pete knows our Company well. When considered together with his CEO and public company director experience, Pete is well qualified to lead our Board.”

“I am honored to serve as Chairman of the Applied Board of Directors,” said Mr. Wallace. “I look forward to continuing to work with management to execute the long-range business strategy for profitable growth and increased shareholder value.”

About Applied

With more than 560 facilities and 5,800 employee associates, Applied Industrial Technologies is a leading industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. Applied can be visited on the Internet at www.applied.com.

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For more information, contact Julie Kho, Applied Industrial Technologies, 1 Applied Plaza, Cleveland, OH 44115-5020, ph. 216-426-4483, e-mail jkho@applied.com. A digital photo of Mr. Wallace is available at the following link: http://www.applied.com/releasephotos.

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