Hyster-Yale Materials Handling, Inc. (HY)

59.81 +1.13 (+1.93%) At close: 04:00PM EDT

Hyster-Yale Materials Handling, Inc.

5875 Landerbrook Drive
Suite 300
Cleveland, OH 44124-4069
United States
440 449 9600
https://www.hyster-yale.com

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full Time Employees: 8,600

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Alfred Marshall Rankin Jr.	Executive Chairman	4.08M	N/A	1941
Mr. Rajiv K. Prasad	President, CEO & Director	3.48M	N/A	1964
Mr. Scott A. Minder	Senior VP, CFO & Treasurer	1.06M	N/A	1974
Ms. Suzanne Schulze Taylor	Senior VP, General Counsel & Secretary	991.83k	N/A	1963
Mr. Charles F. Pascarelli	Senior VP & President of Americas - Hyster-Yale Group, Inc	1.43M	N/A	1960
Mr. Anthony James Salgado	Chief Operating Officer of Hyster-Yale Group Inc.	1.88M	N/A	1971
Ms. Dena R. McKee	VP, Controller & Chief Accounting Officer	N/A	N/A	1972
Mr. Gregory J. Breier	VP & Chief Tax Officer	N/A	N/A	1966
Mr. Gopichand Somayajula	Senior Vice President of Global Product Development - Hyster-Yale Group, Inc.	N/A	N/A	1957
Mr. Stephen J. Karas	Senior VP & President of APIC - Hyster-Yale Group Inc.	N/A	N/A	1970

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, it produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, the company designs, manufactures, and sells hydrogen fuel-cell stacks and engines. It serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.

Corporate Governance

Hyster-Yale Materials Handling, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 9. The pillar scores are Audit: 7; Board: 10; Shareholder Rights: 10; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.