Hyster-Yale Executive and Leadership Team

Rajiv Prasad, the President & Chief Executive Officer, Hyster-Yale, Inc, Board Member at Hyster-Yale, directs the overarching corporate strategy and global manufacturing initiatives. Prasad oversees the integration of hydrogen fuel-cell technology into the broader product portfolio, ensuring alignment with long-term sustainability goals. By coordinating with the Board, the Chief Executive Officer drives capital allocation and expansion into new industrial markets. This leadership role involves managing complex supply chains across international territories to maintain competitive advantages in the lift truck sector. Rajiv Prasad monitors performance metrics across all subsidiaries to ensure consistent growth and operational efficiency. Through rigorous oversight of engineering and design processes, the Chief Executive Officer secures the market position of the company. Prasad maintains focus on delivering high-quality components and finished machinery to diverse global clients, ultimately strengthening the financial foundation of the organization.

Tony Salgado, the President and Chief Executive Officer, Hyster-Yale Materials Handling at Hyster-Yale, manages the core manufacturing and assembly operations for the lift truck business. Salgado oversees the production of frames, masts, and transmissions, ensuring that manufacturing standards meet global demand. By optimizing assembly lines, the Chief Executive Officer drives efficiency in the delivery of Hyster and Yale branded products to independent retail dealerships. This leadership role involves coordinating with regional heads to streamline the distribution of heavy machinery and port equipment. Tony Salgado monitors production output to ensure alignment with the needs of automotive, warehousing, and food distribution sectors. Through constant evaluation of manufacturing processes, the Chief Executive Officer improves product reliability and performance. Salgado maintains a focus on scaling production capabilities to support the diverse requirements of governmental agencies and industrial manufacturers across international markets.

Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, directs the global strategy for aftermarket parts and service support. Schemerhorn oversees the distribution of UNISOURCE and PREMIER brand components, ensuring that dealers possess the necessary inventory to service both Hyster and Yale equipment and competitor lift trucks. By managing the supply chain for attachments and forks, the President, Aftersales Business drives revenue growth through consistent parts availability. This leadership role involves collaborating with retail partners to enhance service capabilities for lumber, metal, and paper suppliers. Brett Schemerhorn monitors market trends to anticipate demand for replacement parts and maintenance solutions. Through the optimization of logistics networks, the President, Aftersales Business ensures rapid fulfillment across diverse geographic regions. Schemerhorn secures long-term customer loyalty by providing reliable aftermarket support that minimizes downtime for heavy industrial operations and warehouse facilities.

Matheus Thaumaturgo, the President APIC at Hyster-Yale, manages operations and market expansion across the Asia-Pacific, India, and China regions. Thaumaturgo oversees the implementation of regional sales strategies, ensuring that lift truck products reach key industrial sectors including manufacturing and container handling. By coordinating with local dealerships, the President APIC drives market penetration and brand visibility in rapidly growing economies. This leadership role involves adapting global product designs to meet specific regional regulatory requirements and operational needs. Matheus Thaumaturgo monitors competitive dynamics to adjust pricing and service models accordingly. Through the development of local partnerships, the President APIC strengthens the supply chain and distribution footprint. Thaumaturgo focuses on scaling regional operations to support the increasing demand for material handling equipment in the automotive and logistics sectors, ultimately contributing to the broader international growth objectives of the company.

Steven LaFevers, the Solutions President, Technology at Hyster-Yale, architects the development and deployment of advanced technological solutions, including hydrogen fuel-cell stacks and engines. LaFevers oversees the integration of these power systems into the existing lift truck product line, ensuring that the company remains at the forefront of sustainable industrial energy. By leading research and development teams, the Solutions President, Technology drives innovation in port equipment and rough terrain forklift markets. This leadership role involves collaborating with engineering departments to translate complex technical requirements into scalable commercial products. Steven LaFevers monitors the performance of new technology deployments to ensure reliability and efficiency for clients in the trucking and manufacturing industries. Through the strategic application of emerging technologies, the Solutions President, Technology enhances the value proposition of the entire equipment portfolio. LaFevers secures the future competitiveness of the organization by advancing clean energy initiatives.

Charles Pascarelli, the President, Americas at Hyster-Yale, directs all sales, marketing, and distribution activities throughout the North and South American markets. Pascarelli oversees the relationship with independent retail dealerships, ensuring that the Hyster and Yale brands maintain a dominant presence in the warehouse and building materials sectors. By managing regional sales teams, the President, Americas drives revenue growth and market share expansion. This leadership role involves coordinating with corporate leadership to align regional initiatives with global manufacturing output. Charles Pascarelli monitors customer feedback and market demand to refine service offerings and product availability. Through the implementation of targeted marketing campaigns, the President, Americas strengthens the connection between the company and its diverse client base, including food distributors and rental companies. Pascarelli ensures that regional operations remain agile and responsive to the evolving needs of the industrial landscape across the Americas.