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 footprint. Prasad architects the long-term vision for lift truck engineering and hydrogen fuel-cell development, ensuring alignment across all international subsidiaries. By coordinating with the Board, the Chief Executive Officer drives capital allocation and operational excellence to maintain market leadership in the industrial machinery sector. This leadership role involves overseeing the integration of Bolzoni, Auramo, and Meyer attachments into the broader product portfolio. Rajiv Prasad monitors performance metrics across all regional divisions to optimize manufacturing output and service delivery. Through rigorous focus on innovation and product quality, the Chief Executive Officer secures competitive advantages for the company. Ultimately, Prasad fosters a culture of continuous improvement, ensuring the organization meets the complex material handling requirements of global automotive, logistics, and governmental clients.

Charles Pascarelli, the President, Americas at Hyster-Yale, manages all commercial activities and retail dealership networks across the North and South American markets. Pascarelli executes regional sales strategies, ensuring the Hyster and Yale brands maintain dominance in the heavy manufacturing and warehousing sectors. Overseeing the distribution of lift trucks and components, the President, Americas optimizes supply chain logistics to meet fluctuating demand from rental companies and building material suppliers. This leadership role involves strengthening relationships with independent retail dealerships to expand market penetration. Charles Pascarelli drives revenue growth by aligning regional product offerings with specific customer needs in the automotive and food distribution industries. By monitoring regional economic trends, the President, Americas adjusts operational tactics to maximize profitability. Through consistent engagement with local stakeholders, Pascarelli ensures the company delivers superior service and support, reinforcing the brand reputation for reliability and performance throughout the entire American operational theater.

Matheus Thaumaturgo, the President APIC at Hyster-Yale, oversees all business operations and market expansion initiatives within the Asia-Pacific, India, and China regions. Thaumaturgo directs the manufacturing and distribution of lift trucks, ensuring compliance with local regulatory standards and industrial requirements. By managing regional production facilities, the President APIC optimizes the assembly of frames, masts, and transmissions to support local demand. This leadership role involves navigating complex market dynamics to increase the footprint of Hyster and Yale products among container handling companies and lumber suppliers. Matheus Thaumaturgo drives strategic partnerships to enhance service capabilities and aftermarket support across diverse geographic territories. Through the implementation of localized sales strategies, the President APIC captures emerging opportunities in rapidly industrializing economies. By maintaining high standards of engineering and manufacturing quality, Thaumaturgo ensures the company remains a preferred partner for heavy industry and logistics providers operating within the expansive APIC region.

Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, manages the global aftermarket parts division, including the UNISOURCE and PREMIER brands. Schemerhorn directs the distribution network that supplies essential components to dealers for the service of both Hyster-Yale equipment and competitor lift trucks. By optimizing inventory management and logistics, the President, Aftersales Business ensures rapid availability of parts for warehouses, retailers, and manufacturing clients. This leadership role involves developing service programs that extend the lifecycle of industrial machinery and enhance customer retention. Brett Schemerhorn drives revenue through the strategic expansion of the aftermarket portfolio, focusing on high-demand components and specialized attachments. By coordinating with regional leadership, the President, Aftersales Business maintains consistent service quality across all global markets. Through the continuous improvement of supply chain efficiency, Schemerhorn supports the company's commitment to providing comprehensive material handling solutions, ensuring that clients maintain maximum uptime and operational productivity regardless of the equipment brand.

Steven LaFevers, the Solutions President, Technology at Hyster-Yale, leads the development and integration of advanced technological solutions, including hydrogen fuel-cell stacks and engines. LaFevers architects the digital and power-system roadmap, ensuring the company remains at the forefront of sustainable material handling innovation. By overseeing the design and production of next-generation energy solutions, the Solutions President, Technology enables clients to transition toward greener operations. This leadership role involves collaborating with engineering teams to embed smart technology and automation into the existing lift truck product line. Steven LaFevers drives the adoption of hydrogen-based power systems across the automotive, trucking, and heavy manufacturing sectors. By aligning technological advancements with market needs, the Solutions President, Technology secures the company's position as a leader in industrial decarbonization. Through rigorous testing and product validation, LaFevers ensures that all technological deployments meet the highest safety and performance standards, ultimately providing customers with efficient, future-ready tools for complex logistics environments.