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 vision. Prasad oversees the integration of hydrogen fuel-cell technology into the broader portfolio of lift trucks and port equipment. By aligning board objectives with operational execution, the Chief Executive Officer ensures long-term growth across international markets. This leadership role involves managing complex supply chains and engineering initiatives that define the company's competitive edge in the industrial machinery sector. Rajiv Prasad maintains rigorous standards for product quality and innovation, driving the organization toward sustainable energy solutions. Through constant collaboration with regional presidents, the Chief Executive Officer optimizes resource allocation to meet the demands of heavy manufacturing and automotive clients. Ultimately, Prasad secures the financial health and market leadership of the enterprise.

Tony Salgado, the President and Chief Executive Officer, Hyster-Yale Materials Handling at Hyster-Yale, manages the core lift truck manufacturing and assembly operations. Salgado oversees the production of frames, masts, and transmissions, ensuring that every unit meets the rigorous requirements of global warehouse and logistics customers. By coordinating with engineering teams, the Chief Executive Officer drives the development of specialized attachments and forks that enhance equipment versatility. This leadership role involves streamlining assembly processes to improve throughput and reduce lead times for independent retail dealerships. Tony Salgado monitors market trends in container handling and rough terrain forklifts to maintain a dominant position in the materials handling industry. Through strategic oversight of manufacturing facilities, the Chief Executive Officer ensures consistent product reliability. Salgado delivers high-performance machinery that supports the operational needs of food distributors and building materials suppliers.

Matheus Thaumaturgo, the President APIC at Hyster-Yale, directs all business activities within the Asia-Pacific, India, and China regions. Thaumaturgo oversees the expansion of market share by tailoring lift truck solutions to the unique infrastructure requirements of these rapidly growing economies. By managing local dealer networks and service capabilities, the President APIC ensures that Hyster and Yale products remain the preferred choice for regional warehousing and manufacturing clients. This leadership role involves navigating complex regulatory environments and adapting global product designs to meet specific local standards. Matheus Thaumaturgo drives operational excellence by implementing lean manufacturing principles across regional assembly sites. Through strategic partnerships with local distributors, the President APIC strengthens the brand presence in diverse industrial sectors. Thaumaturgo secures consistent revenue growth by aligning regional sales strategies with the broader corporate mission of delivering superior material handling equipment.

Steven LaFevers, the Solutions President, Technology at Hyster-Yale, architects the digital transformation and advanced technology roadmap for the entire product line. LaFevers oversees the development of automated systems, telematics, and hydrogen fuel-cell stacks that power the next generation of industrial equipment. By integrating smart technology into traditional lift trucks, the Solutions President, Technology enhances fleet management capabilities for global logistics and warehouse operators. This leadership role involves collaborating with engineering and R&D teams to push the boundaries of zero-emission power sources. Steven LaFevers drives the adoption of innovative software solutions that improve equipment uptime and operational safety for customers. Through the deployment of advanced diagnostic tools, the Solutions President, Technology ensures that the company remains at the forefront of the industrial automation revolution. LaFevers delivers cutting-edge technological value that differentiates the brand in a competitive global marketplace.

Charles Pascarelli, the President, Americas at Hyster-Yale, directs all commercial and operational initiatives across the North and South American markets. Pascarelli oversees the extensive network of independent Hyster and Yale retail dealerships, ensuring high-quality service delivery for diverse clients ranging from food distributors to heavy manufacturers. By managing regional sales strategies, the President, Americas drives market penetration for the full line of lift trucks and attachments. This leadership role involves optimizing distribution channels to ensure rapid availability of equipment and parts. Charles Pascarelli monitors competitive dynamics in the regional logistics sector to refine pricing and product positioning. Through close engagement with key accounts, the President, Americas ensures that the company meets the specific needs of the automotive and lumber industries. Pascarelli secures long-term customer loyalty by maintaining a focus on superior service and reliable equipment performance throughout the Americas.

Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, manages the global aftermarket parts division, including the UNISOURCE and PREMIER brands. Schemerhorn oversees the supply chain and distribution network that provides essential components for both Hyster and Yale equipment and competitor lift trucks. By ensuring the availability of high-quality parts, the President, Aftersales Business supports the long-term operational viability of customer fleets worldwide. This leadership role involves managing inventory levels and logistics to minimize downtime for warehouses and manufacturing facilities. Brett Schemerhorn drives revenue growth by expanding the reach of the aftermarket portfolio into new industrial segments. Through strategic coordination with regional dealers, the President, Aftersales Business maintains high service standards and customer satisfaction. Schemerhorn secures the company's reputation for reliability by providing comprehensive support solutions that extend the lifecycle of every piece of equipment sold.