Applied Industrial Technologies Names Ryan D. Cieslak Director of Investor Relations & Treasury
March 26 2019 - 6:30AM
Applied Industrial Technologies (NYSE: AIT) announced today that
Ryan D. Cieslak has joined the Company as Director of Investor
Relations & Treasury, responsible for further developing and
coordinating the strategic direction of the Company’s investor
relations efforts, treasury programs and cash management
activities.
“Ryan’s experience, strong financial acumen and
deep knowledge of our industry are an excellent fit with Applied as
we continue to enhance our position as a differentiated industrial
distributor,” said President & Chief Executive Officer Neil A.
Schrimsher. “We look forward to the contributions he will make both
externally with the investment community and internally with our
financial teams.”
Mr. Cieslak joins Applied from Northcoast
Research (NCR) in Cleveland where he served as Vice President,
Senior Industrial Analyst, with a focus on conducting research and
analysis as well as building relationships with institutional
clients and management of covered companies. Prior to NCR, Cieslak
held various analyst and research positions over the course of 10
years at KeyBanc Capital Markets. His career originated at FTN
Midwest Securities.
Mr. Cieslak received a Bachelor of Science
degree in Business Administration – Finance from the University of
Dayton.
About Applied®Founded in 1923,
Applied Industrial Technologies is a leading distributor of
bearings, power transmission products, engineered fluid power
components and systems, specialty flow control solutions, and other
industrial supplies, serving 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,
fluid power, and flow control shop services. Applied also offers
storeroom services and inventory management solutions that provide
added value to its customers. For more information, visit
www.applied.com.
CONTACT: Julie A. Kho Manager, Corporate Communications &
Media Relations216-426-4483; jkho@applied.com
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