Hyster-Yale Executive and Leadership Team

Tony Salgado, the President and Chief Executive Officer, Hyster-Yale Materials Handling at Hyster-Yale, directs the overarching strategy and global operations for the company's materials handling division. This leadership role involves setting the strategic vision for product development, market expansion, and operational efficiency across all subsidiaries. Salgado oversees the design, engineering, manufacturing, and sales of Hyster and Yale branded lift trucks and aftermarket parts worldwide. The executive ensures alignment with market demands, driving innovation in areas such as hydrogen fuel-cell technology and port equipment. By managing key relationships with independent dealerships and large industrial clients, including light and heavy manufacturers, trucking companies, and governmental agencies, Tony Salgado solidifies the company's market position and financial performance. The executive's focus remains on enhancing the company's competitive edge through technological advancement and robust supply chain management.

Jonathan Riley, the Chief Operating Officer & President (Americas) at Hyster-Yale, executes the operational strategies and drives business performance across the Americas region. This executive oversees the manufacturing, assembly, and distribution of lift trucks and aftermarket parts within North and South America. Riley's responsibilities include optimizing production processes, managing supply chain logistics, and ensuring product quality meets rigorous industry standards for clients such as trucking companies, rental companies, and retailers. The executive also spearheads initiatives to expand market share and enhance customer service throughout the Americas. By fostering strong relationships with independent Hyster and Yale retail dealerships in the region, Jonathan Riley ensures efficient product delivery and aftermarket support. The operational oversight extends to managing component manufacturing, including frames, masts, and transmissions, critical for the company's integrated production model.

Steven LaFevers, the Solutions President, Technology at Hyster-Yale, architects the company's technological advancements and innovative solutions across its product lines. This leadership position involves driving the development and integration of cutting-edge technologies, including hydrogen fuel-cell stacks and engines, into Hyster-Yale's offerings. LaFevers oversees research and development efforts, ensuring the company remains at the forefront of the industrial machinery sector. The executive's focus includes enhancing the performance, efficiency, and sustainability of lift trucks and related equipment for diverse industries such as warehousing, food distribution, and container handling. By collaborating with engineering and manufacturing teams, Steven LaFevers ensures that technological innovations translate into tangible benefits for customers, supporting the company's mission to provide advanced material handling solutions worldwide. The executive's strategic direction guides the company's technological roadmap.

David Williams, the President & Williams, Bax & Saltzman, P C Law Firm Partner at Hyster-Yale, provides critical legal and strategic counsel, ensuring the company operates within regulatory frameworks and manages corporate governance effectively. This dual role involves overseeing legal affairs and advising on corporate strategy, risk management, and compliance. Williams's expertise supports the company's global operations, including its manufacturing facilities and sales networks. The executive ensures that all business activities, from product design and sales to aftermarket services, adhere to international and domestic laws. By managing legal aspects of partnerships, acquisitions, and intellectual property, David Williams safeguards the company's interests and facilitates sustainable growth. The executive's guidance is essential for navigating the complex legal landscape of the industrial machinery sector worldwide.

Stephen Karas, the President, Sales at Hyster-Yale, drives revenue generation and expands market penetration for the company's comprehensive range of lift trucks and aftermarket parts. This executive leads the global sales organization, developing and implementing strategies to achieve ambitious sales targets across various industries, including manufacturing, automotive, and retail. Karas oversees the cultivation of strong relationships with independent Hyster and Yale dealerships, ensuring effective product promotion and customer engagement. The executive's focus includes identifying new market opportunities and strengthening the company's presence in both established and emerging regions. By analyzing market trends and customer needs, Stephen Karas guides the sales team to deliver tailored solutions and exceptional service, directly contributing to Hyster-Yale's overall financial success and market leadership. The executive's strategic sales initiatives are paramount to the company's growth.

Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, directs the strategy and operations for the company's aftermarket parts and service division worldwide. This leadership role focuses on ensuring customer satisfaction and maximizing revenue through the efficient provision of replacement parts, maintenance, and repair services for Hyster, Yale, UNISOURCE, and PREMIER brands. Schemerhorn oversees the supply chain for aftermarket components, ensuring availability and timely delivery to dealers and customers. The executive works to enhance the aftermarket experience by developing innovative service solutions and support programs. By strengthening relationships with dealers and end-users, Brett Schemerhorn drives customer loyalty and repeat business, reinforcing Hyster-Yale's commitment to comprehensive product support throughout the equipment lifecycle. The executive's efforts are crucial for long-term customer retention and profitability.

Matheus Thaumaturgo, the President APIC at Hyster-Yale, leads the company's strategic initiatives and operational management across the Asia-Pacific, India, and China (APIC) region. This executive is responsible for driving market growth, expanding distribution networks, and ensuring the successful implementation of Hyster-Yale's product portfolio within these key territories. Thaumaturgo oversees sales, manufacturing, and customer support operations, tailoring strategies to meet the specific demands of diverse markets across the APIC region. The executive focuses on strengthening relationships with local dealerships and industrial clients, including light and heavy manufacturers and logistics providers. By navigating regional economic landscapes and regulatory environments, Matheus Thaumaturgo ensures Hyster-Yale's competitive positioning and sustained business development in one of the world's most dynamic economic zones. The executive's leadership is vital for regional expansion and operational excellence.