Hyster-Yale Executive and Leadership Team

May, 2026

Leadership Overview

Hyster-Yale has 7 executives leading key functions including operations, strategy, regional management, sales, aftersales, technology, and legal counsel.

Driven by innovation in material handling, Hyster-Yale designs, engineers, and services a comprehensive line of lift trucks and aftermarket parts, impacting global logistics and supply chains.

Leadership Roles at Hyster-Yale

  • President and Chief Executive Officer, Hyster-Yale Materials Handling - Tony Salgado
  • Chief Operating Officer & President (Americas) - Jonathan Riley
  • President APIC - Matheus Thaumaturgo
  • President, Sales - Stephen Karas
  • President, Aftersales Business - Brett Schemerhorn
  • Solutions President, Technology - Steven LaFevers
  • President & Williams, Bax & Saltzman, P C Law Firm Partner - David Williams
  • Tony Salgado - President and Chief Executive Officer, Hyster-Yale Materials Handling

    Tony Salgado, the President and Chief Executive Officer, Hyster-Yale Materials Handling at Hyster-Yale, sets the overarching strategic direction for the company's core materials handling business. Salgado guides the global enterprise, focusing on the design, engineering, and manufacturing of lift trucks and aftermarket parts under the Hyster and Yale brand names. This executive leadership involves fostering innovation in product development, including advancements in hydrogen fuel-cell technology, and expanding market reach to serve sectors such as warehousing, retail, and governmental agencies. Salgado's vision drives the company's commitment to providing reliable and efficient material handling solutions worldwide. Through strategic decision-making, Tony Salgado ensures Hyster-Yale maintains its competitive edge in the global industrial machinery market.
    Tony Salgado

    Jonathan Riley - Chief Operating Officer & President (Americas)

    Jonathan Riley, the Chief Operating Officer & President (Americas) at Hyster-Yale, directs all operational functions across the North and South American continents. Riley oversees the manufacturing processes, ensuring efficient assembly of lift trucks and components, aligning production with market demand for Hyster and Yale branded products. This leadership role involves optimizing supply chain logistics and managing regional distribution networks to support independent dealerships. Riley's focus extends to driving operational excellence and cost efficiencies throughout the Americas, directly impacting the company's ability to serve diverse industries from light manufacturing to heavy trucking. By ensuring seamless integration of production and delivery, Jonathan Riley solidifies Hyster-Yale's market presence in key global regions.

    Matheus Thaumaturgo - President APIC

    Matheus Thaumaturgo, the President APIC at Hyster-Yale, spearheads the company's strategic initiatives and operational oversight across the Asia-Pacific, India, and China regions. Thaumaturgo directs the expansion and management of Hyster-Yale's lift truck and aftermarket parts business within these critical growth markets. This leadership position involves cultivating strong relationships with independent dealerships and ensuring product offerings meet the specific demands of regional industries, from container handling to food distribution. Matheus Thaumaturgo's responsibilities include driving market penetration and optimizing sales performance throughout the APIC territory. By focusing on regional growth strategies, Thaumaturgo enhances Hyster-Yale's global footprint and operational effectiveness.

    Stephen Karas - President, Sales

    Stephen Karas, the President, Sales at Hyster-Yale, leads all global sales operations, driving revenue growth and market share expansion for the company's extensive product lines. Karas directs the sales teams responsible for promoting Hyster and Yale branded lift trucks, attachments, and aftermarket parts to a diverse customer base, including manufacturers, trucking companies, and rental firms. This role involves developing and executing effective sales strategies, fostering strong relationships with independent dealerships, and identifying new market opportunities worldwide. Stephen Karas's leadership ensures that Hyster-Yale's sales force is equipped to meet customer needs and achieve ambitious commercial targets. Through strategic sales initiatives, Karas significantly contributes to the company's overall financial performance.
    Stephen Karas

    Brett Schemerhorn - President, Aftersales Business

    Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, manages and expands the company's critical aftermarket parts and service operations globally. Schemerhorn oversees the distribution of aftermarket parts under the Hyster, Yale, UNISOURCE, and PREMIER brands, ensuring dealers have access to components for both Hyster-Yale equipment and competitor lift trucks. This executive function involves optimizing inventory management, enhancing service delivery capabilities, and driving customer loyalty through superior aftersales support. Brett Schemerhorn's strategic focus is on maximizing the lifecycle value of Hyster-Yale products and strengthening the company's revenue streams beyond initial equipment sales. By prioritizing aftersales excellence, Schemerhorn reinforces Hyster-Yale's commitment to comprehensive customer solutions.

    Steven LaFevers - Solutions President, Technology

    Steven LaFevers, the Solutions President, Technology at Hyster-Yale, drives the company's innovation and development in advanced technological solutions and product integration. LaFevers leads the engineering and design efforts for cutting-edge products, including hydrogen fuel-cell stacks and engines, and spearheads the integration of technology across the Hyster-Yale product portfolio. This role involves identifying emerging technological trends and translating them into market-ready solutions that enhance efficiency and sustainability for customers in sectors like automotive and heavy manufacturing. Steven LaFevers's leadership ensures Hyster-Yale remains at the forefront of technological advancement in the materials handling industry. By championing technological innovation, LaFevers positions Hyster-Yale for future growth and market leadership.

    David Williams - President & Williams, Bax & Saltzman, P C Law Firm Partner

    David Williams, the President & Williams, Bax & Saltzman, P C Law Firm Partner at Hyster-Yale, provides critical legal counsel and strategic guidance to the executive leadership team. Williams oversees all legal affairs, ensuring compliance with global regulations and mitigating potential risks across the company's diverse operations. This role involves managing corporate governance, intellectual property, and contractual agreements, safeguarding the company's interests worldwide. David Williams's expertise supports Hyster-Yale's strategic objectives by providing a strong legal framework for business development and operational execution. Through diligent legal oversight, Williams contributes to the stability and integrity of Hyster-Yale's global enterprise.

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    Frequently Asked Questions Regarding Hyster-Yale Top Executives and Leadership Team

    Who leads Hyster-Yale?
    Hyster-Yale is led by Tony Salgado (President and Chief Executive Officer, Hyster-Yale Materials Handling), along with executives such as Jonathan Riley (Chief Operating Officer & President (Americas)) and Matheus Thaumaturgo (President APIC).
    Who is part of Hyster-Yale’s executive team?
    The executive team of Hyster-Yale includes leaders such as Tony Salgado (President and Chief Executive Officer, Hyster-Yale Materials Handling), Jonathan Riley (Chief Operating Officer & President (Americas)), Matheus Thaumaturgo (President APIC) and other senior executives.
    How many executives does Hyster-Yale have?
    Hyster-Yale has 7 executives leading key business areas.
    What roles are included in Hyster-Yale’s leadership team?
    The leadership team of Hyster-Yale includes roles such as President and Chief Executive Officer, Hyster-Yale Materials Handling, Chief Operating Officer & President (Americas), President APIC, President, Sales, President, Aftersales Business.