Hyster-Yale Executive and Leadership Team

Rajiv Prasad, the President HYHM, Chief Executive Officer HYG at Hyster-Yale, directs the overarching strategy and operational execution for the company's core material handling divisions. Prasad's leadership focuses on driving innovation in lift truck design and manufacturing, ensuring Hyster-Yale maintains its competitive edge in global markets. This executive oversees the integration of advanced technologies and sustainable practices across the HYHM and HYG segments, aligning product development with evolving customer needs in sectors ranging from light manufacturing to heavy industry. The strategic direction set by Rajiv Prasad ensures the company's continued growth and market leadership in providing essential equipment and services worldwide. Prasad's role is critical in shaping the future of material handling solutions, emphasizing efficiency and reliability for a diverse client base including trucking, automotive, and retail operations.

Tony Salgado, the President and Chief Executive Officer, Hyster-Yale Materials Handling at Hyster-Yale, spearheads the primary materials handling business unit, encompassing the design, engineering, and manufacturing of lift trucks and components. Salgado's leadership drives operational excellence and product innovation under the Hyster and Yale brand names, serving a broad spectrum of industries including warehousing, logistics, and construction. This executive ensures the seamless assembly of critical components like frames and transmissions, maintaining the high standards expected by independent dealerships and end-users. Tony Salgado's focus extends to optimizing the supply chain and manufacturing processes to meet global demand efficiently. The strategic initiatives implemented by Salgado are vital for sustaining Hyster-Yale's reputation for quality and reliability in the competitive materials handling sector.

Brett Schemerhorn, the President, Aftersales Business at Hyster-Yale, leads the critical aftermarket services division, ensuring customers receive comprehensive support for their Hyster and Yale equipment. Schemerhorn's responsibilities include managing the supply and distribution of aftermarket parts under various brands, including UNISOURCE and PREMIER, to a wide network of dealers. This leadership role is essential for maximizing the lifespan and performance of lift trucks, supporting industries such as food distribution, retail, and heavy manufacturing. Brett Schemerhorn drives strategies to enhance customer loyalty and operational uptime through efficient parts availability and expert service. The focus on aftersales support under Schemerhorn's direction reinforces Hyster-Yale's commitment to providing end-to-end solutions for its global clientele, including those servicing competitor lift trucks.

David Williams, the President & Williams, Bax & Saltzman, P C Law Firm Partner at Hyster-Yale, provides essential legal counsel and strategic guidance, ensuring the company operates within all regulatory frameworks and upholds corporate governance standards. Williams's expertise is crucial for navigating complex international business laws, intellectual property rights, and contractual agreements that underpin Hyster-Yale's global operations. This leadership role involves overseeing all legal matters, from litigation to compliance, safeguarding the company's interests across its diverse manufacturing and sales activities. David Williams's contributions are integral to maintaining Hyster-Yale's ethical standing and mitigating risks associated with its worldwide presence in the industrial machinery sector. The legal acumen provided by Williams supports the company's strategic objectives and operational integrity.

Steven LaFevers, the Solutions President, Technology at Hyster-Yale, drives the company's technological innovation and the development of advanced solutions, including hydrogen fuel-cell stacks and engines. LaFevers's leadership is pivotal in integrating cutting-edge technologies into Hyster-Yale's product lines, enhancing efficiency, sustainability, and performance for customers in sectors like container handling and heavy manufacturing. This executive oversees research and development initiatives, ensuring Hyster-Yale remains at the forefront of technological advancements in the material handling industry. Steven LaFevers's strategic vision guides the creation of next-generation equipment and services, addressing the evolving demands for cleaner and more intelligent operational solutions. The technological advancements championed by LaFevers are key to Hyster-Yale's future growth and market differentiation.

Charles Pascarelli, the President, Americas at Hyster-Yale, directs all operational and strategic initiatives across North and South America, overseeing the sales, distribution, and service of Hyster and Yale lift trucks and related products. Pascarelli's leadership ensures robust market penetration and customer satisfaction throughout the Americas region, supporting key industries such as automotive, retail, and logistics. This executive manages relationships with independent dealerships, driving regional growth and market share expansion. Charles Pascarelli's focus includes optimizing regional supply chains and ensuring that Hyster-Yale's comprehensive product offerings, including attachments and aftermarket parts, effectively meet the diverse needs of businesses operating within the continent. The strategic direction provided by Pascarelli is crucial for Hyster-Yale's sustained success in these vital markets.

Matheus Thaumaturgo, the President APIC at Hyster-Yale, leads the company's strategic operations and business development across the Asia-Pacific and India region. Thaumaturgo's responsibilities encompass driving market growth, expanding the dealer network, and ensuring the successful deployment of Hyster and Yale material handling solutions throughout this diverse and dynamic territory. This executive oversees the adaptation of product offerings to meet specific regional demands, supporting industries from manufacturing to port operations. Matheus Thaumaturgo's leadership is instrumental in strengthening Hyster-Yale's presence and competitive position within the Asia-Pacific and India markets, fostering strong relationships with local partners and customers. The strategic initiatives managed by Thaumaturgo are critical for the company's global expansion and long-term success in these key economic zones.