Applied Industrial Technologies Elects Shelly M. Chadwick as New Board Member
August 11, 2022 at 04:15 pm EDT
Share
Applied Industrial Technologies announced that Shelly M. Chadwick, Vice President, Finance and Chief Financial Officer of Materion Corporation, has been elected to its Board of Directors.
Chadwick, 50, is responsible for driving profitable growth and sound investment decisions, as well as leading all aspects of the finance, procurement and investor relations functions at Materion a high-tech solutions provider of performance alloys, advanced materials, and precision optics. Prior to Materion, she served as Vice President of Finance and Chief Accounting Officer at The Timken Company. Her credentials also include financial leadership positions at ECKART America and Noveon, Inc. She holds a Bachelor of Science degree in business management from Westfield State University and an MBA in finance from Anna Maria College. Chadwick also serves on several nonprofit boards. Following Chadwick's appointment to a term that expires in 2024, the Applied board is now comprised of nine Directors, of which eight are independent, including the Chairman.
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.