Hyster-Yale Materials Handling Management

Management criteria checks 3/4

Hyster-Yale Materials Handling's CEO is Rajiv Prasad, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is $8.69M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €5.85M. The average tenure of the management team and the board of directors is 2.2 years and 11.9 years respectively.

Key information

Rajiv Prasad

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage	10.8%
CEO tenure	3.2yrs
CEO ownership	0.6%
Management average tenure	2.2yrs
Board average tenure	11.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajiv Prasad's remuneration changed compared to Hyster-Yale Materials Handling's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$9m	US$941k	US$126m
Sep 30 2023	n/a	n/a	US$108m
Jun 30 2023	n/a	n/a	US$35m
Mar 31 2023	n/a	n/a	-US$22m
Dec 31 2022	US$3m	US$732k	-US$74m
Sep 30 2022	n/a	n/a	-US$185m
Jun 30 2022	n/a	n/a	-US$225m
Mar 31 2022	n/a	n/a	-US$204m
Dec 31 2021	US$1m	US$680k	-US$173m
Sep 30 2021	n/a	n/a	-US$57m
Jun 30 2021	n/a	n/a	US$26m
Mar 31 2021	n/a	n/a	US$27m
Dec 31 2020	US$700k	US$622k	US$37m
Sep 30 2020	n/a	n/a	US$27m
Jun 30 2020	n/a	n/a	US$35m
Mar 31 2020	n/a	n/a	US$48m
Dec 31 2019	US$2m	US$578k	US$36m
Sep 30 2019	n/a	n/a	US$31m
Jun 30 2019	n/a	n/a	US$34m
Mar 31 2019	n/a	n/a	US$23m
Dec 31 2018	US$2m	US$531k	US$35m
Sep 30 2018	n/a	n/a	US$34m
Jun 30 2018	n/a	n/a	US$35m
Mar 31 2018	n/a	n/a	US$45m
Dec 31 2017	US$1m	US$486k	US$49m

Compensation vs Market: Rajiv's total compensation ($USD8.69M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Rajiv's compensation has been consistent with company performance over the past year.

CEO

Rajiv Prasad (59 yo)

3.2yrs

Tenure

US$8,694,939

Compensation

Mr. Rajiv K. Prasad serves as Chief Executive Officer of Hyster-Yale Materials Handling, Inc. since May 9, 2023. He has been the President at Hyster-Yale Materials Handling, Inc. since February 17, 2021 an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alfred Rankin	Executive Chairman	11.6yrs	US$9.98m	1.65% $ 15.8m
Rajiv Prasad	President	3.2yrs	US$8.69m	0.61% $ 5.9m
Scott Minder	Senior VP	1.6yrs	US$1.88m	0.11% $ 1.0m
Suzanne Taylor	Senior VP	7.9yrs	US$1.71m	0.21% $ 2.0m
Charles Pascarelli	Senior VP & President of Americas - Hyster-Yale Group	9.3yrs	US$2.61m	0.27% $ 2.5m
Anthony Salgado	Chief Operating Officer of Hyster-Yale Group Inc.	4.8yrs	US$4.10m	0.27% $ 2.6m
Dena McKee	VP, Controller & Chief Accounting Officer	less than a year	no data	no data
Gregory Breier	VP & Chief Tax Officer	less than a year	no data	0.045% $ 432.3k
Gopichand Somayajula	Senior Vice President of Global Product Development - Hyster-Yale Group	2.2yrs	no data	0.082% $ 790.0k
Stephen Karas	Senior VP & President of APIC - Hyster-Yale Group Inc.	4.2yrs	no data	0.087% $ 833.3k
Jon Taylor	VP & CFO of Hyster-Yale Group	no data	no data	0.061% $ 587.9k
David LeBlanc	President of Global Technology Solutions Division - Hyster-Yale Group Inc.	1.3yrs	no data	no data

2.2yrs

Average Tenure

58yo

Average Age

Experienced Management: HYEA's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alfred Rankin	Executive Chairman	11.6yrs	US$9.98m	1.65% $ 15.8m
Rajiv Prasad	President	less than a year	US$8.69m	0.61% $ 5.9m
John Butler	Director	12.3yrs	US$274.77k	0.48% $ 4.6m
Dennis LaBarre	Independent Director	12.3yrs	US$318.65k	0.23% $ 2.2m
Britton Taplin	Independent Director	12.3yrs	US$257.16k	2.32% $ 22.2m
James Bemowski	Independent Director	5.9yrs	US$269.16k	0.082% $ 785.1k
John Jumper	Independent Director	12.3yrs	US$294.66k	0.13% $ 1.2m
Carolyn Corvi	Independent Director	12.3yrs	US$316.13k	0.12% $ 1.2m
Claiborne Rankin	Director	12.3yrs	US$260.08k	1.54% $ 14.8m
David B. Williams	Director	4.2yrs	US$260.60k	0.20% $ 1.9m
H. Poor	Independent Director	7.1yrs	US$274.08k	0.092% $ 882.0k
Edward Eliopoulos	Independent Director	3.9yrs	US$288.66k	0.058% $ 552.7k

11.9yrs

Average Tenure

70yo

Average Age

Experienced Board: HYEA's board of directors are seasoned and experienced ( 11.9 years average tenure).

Hyster-Yale Materials Handling Management

Management criteria checks 3/4

Key information

Recent management updates

Hyster-Yale Materials Handling, Inc., Annual General Meeting, May 08, 2024

Hyster-Yale Materials Handling, Inc., Annual General Meeting, Apr 08, 2024

Insider recently sold €141k worth of stock

Hyster-Yale Materials Handling, Inc. Approves the Election of Colleen R. Batcheler as Director

Insufficient new directors

Hyster-Yale Materials Handling, Inc. Announces Management Changes

Recent updates

Hyster-Yale Materials Handling, Inc., Annual General Meeting, May 08, 2024

Hyster-Yale Materials Handling, Inc., Annual General Meeting, Apr 08, 2024

New minor risk - Share price stability

Hyster-Yale Materials Handling, Inc. to Report Q1, 2024 Results on May 07, 2024

Investor sentiment deteriorates as stock falls 17%

New major risk - Revenue and earnings growth

Hyster-Yale Materials Handling, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year 2024

Full year 2023 earnings released: EPS: US$7.35 (vs US$4.38 loss in FY 2022)

Upcoming dividend of US$0.33 per share

Third quarter dividend of US$0.33 announced

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on March 15, 2024

Upcoming dividend of US$0.33 per share at 2.8% yield

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on December 15, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$2.08 (vs US$2.20 loss in 3Q 2022)

Hyster-Yale Materials Handling, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

Upcoming dividend of US$0.33 per share at 2.8% yield

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on September 15, 2023

Hyster-Yale Materials Handling, Inc. Provides Consolidated Earnings Guidance for the Second Half and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$2.23 (vs US$1.15 loss in 2Q 2022)

Upcoming dividend of US$0.33 per share at 2.4% yield

Insider recently sold €141k worth of stock

Hyster-Yale Materials Handling, Inc. Approves the Election of Colleen R. Batcheler as Director

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$1.56 (vs US$1.48 loss in 1Q 2022)

Full year 2022 earnings released: US$4.38 loss per share (vs US$10.29 loss in FY 2021)

Insufficient new directors

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on March 15, 2023

Hyster-Yale Materials Handling, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Hyster-Yale Materials Handling, Inc. Introduces First Models in New Series Lineup

Upcoming dividend of US$0.32 per share

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: US$2.20 loss per share (vs US$4.59 loss in 3Q 2021)

Hyster-Yale Materials Handling, Inc. Provides Consolidated Earnings Guidance for the Fourth Quarter of 2022

Hyster-Yale Materials Handling, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.32 per share

Hyster-Yale Materials Handling, Inc. Declares Regular Cash Dividend, Payable on September 15, 2022

Hyster-Yale Materials Handling, Inc. Announces Management Changes

Second quarter 2022 earnings released

Hyster-Yale Materials Handling, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Second Half of 2022

Hyster-Yale Materials Handling, Inc.(NYSE:HY) dropped from Russell 2000 Defensive Index

Upcoming dividend of US$0.32 per share

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on June 15, 2022

Hyster-Yale Materials Handling, Inc. to Report Q1, 2023 Results on May 02, 2023

First quarter 2022 earnings released: US$1.48 loss per share (vs US$0.33 profit in 1Q 2021)

Hyster-Yale Materials Handling, Inc., Annual General Meeting, May 10, 2022

Hyster-Yale Materials Handling, Inc., Annual General Meeting, May 10, 2022

Hyster-Yale Materials Handling, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Hyster-Yale Materials Handling, Inc. Reports Impairment Loss for the Fourth Quarter Ended December 31, 2021

Upcoming dividend of US$0.32 per share

Hyster-Yale Materials Handling, Inc. Declares Regular Cash Dividend, Payable on March 22, 2022

Upcoming dividend of US$0.32 per share

Third quarter 2021 earnings released: US$4.59 loss per share (vs US$0.30 profit in 3Q 2020)

Upcoming dividend of US$0.32 per share

Second quarter 2021 earnings released: EPS US$0.11 (vs US$0.21 in 2Q 2020)

Insider recently sold €153k worth of stock

Hyster-Yale Materials Handling, Inc. (NYSE:HY) signed an Equity Transfer Agreement to acquire a 15% stake in Sino-American Zhejiang Maximal Forklift Co.,Ltd from Y-C Hongkong Holding Co., Limited for $25.2 million.

Upcoming dividend of US$0.32 per share

Hyster-Yale Materials Handling, Inc. Declares Cash Dividend on Class A and Class B Common Stock, Payable on June 15, 2021

First quarter 2021 earnings released

Hyster-Yale Materials Handling, Inc. Provides Earnings Guidance for Second Quarter of 2021

Investor sentiment improved over the past week

Insider recently sold €193k worth of stock

Full year 2020 earnings released

Revenue misses expectations

Hyster-Yale Materials Handling, Inc. to Report Fiscal Year 2021 Results on Feb 22, 2022

Hyster-Yale Materials Handling, Inc. Announces Appointment of Rajiv Prasad as President

New 90-day high: €76.50