Applied Industrial Technologies, Inc. Announces Resignation of Peter A. Dorsman as Board of Directors
March 14, 2022 at 04:40 pm EDT
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Peter A. Dorsman resigned from the board of directors of Applied Industrial Technologies, Inc. on and as of March 11, 2022 after almost 20 years of service to the company. The resignation was not because of a disagreement with the company.
Applied Industrial Technologies, Inc. is a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. The Companyâs segments include Service Center Based Distribution and Engineered Solutions. The Service Center Based Distribution segment operates through local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Its products include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses. The Engineered Solutions segment includes its operations that specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services.