Hyster-Yale Management

Management criteria checks 2/4

Hyster-Yale's CEO is Rajiv Prasad, appointed in Feb 2021, has a tenure of 3.75 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 €5.68M. The average tenure of the management team and the board of directors is 2.8 years and 12.5 years respectively.

Key information

Rajiv Prasad

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage	10.8%
CEO tenure	3.8yrs
CEO ownership	0.6%
Management average tenure	2.8yrs
Board average tenure	12.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajiv Prasad's remuneration changed compared to Hyster-Yale's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$157m
Jun 30 2024	n/a	n/a	US$176m
Mar 31 2024	n/a	n/a	US$151m
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 ($USD8.69M) is above average for companies of similar size in the German market ($USD1.48M).

Compensation vs Earnings: Rajiv's compensation has increased by more than 20% in the past year.

CEO

Rajiv Prasad (60 yo)

3.8yrs

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	12.2yrs	US$9.98m	1.65% € 15.4m
Rajiv Prasad	President	3.8yrs	US$8.69m	0.61% € 5.7m
Scott Minder	Senior VP	2.2yrs	US$1.88m	0.11% € 1.0m
Suzanne Taylor	Senior VP	8.5yrs	US$1.71m	0.21% € 1.9m
Charles Pascarelli	Senior VP & President of Americas - Hyster-Yale Group	9.8yrs	US$2.61m	0.27% € 2.5m
Anthony Salgado	Chief Operating Officer of Hyster-Yale Group Inc.	5.3yrs	US$4.10m	0.27% € 2.5m
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	no data
Gopichand Somayajula	Senior Vice President of Global Product Development - Hyster-Yale Group	2.8yrs	no data	no data
Jon Taylor	VP & CFO of Hyster-Yale Group	no data	no data	0.061% € 570.9k
Stewart Murdoch	Senior VP and MD of Europe	4.1yrs	no data	no data
Darwin Scussel	Chief Financial Officer of Nuvera Fuel Cells LLC	1.8yrs	no data	no data

2.8yrs

Average Tenure

59yo

Average Age

Experienced Management: HYEA's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alfred Rankin	Executive Chairman	12.2yrs	US$9.98m	1.65% € 15.4m
Rajiv Prasad	President	1.5yrs	US$8.69m	0.61% € 5.7m
Roberto Scotti	President & Chairman of Bolzoni S.p.A.	less than a year	no data	no data
John Butler	Director	12.8yrs	US$274.77k	0.48% € 4.5m
Dennis LaBarre	Independent Director	12.8yrs	US$318.65k	0.24% € 2.2m
Britton Taplin	Independent Director	12.8yrs	US$257.16k	2.32% € 21.7m
James Bemowski	Independent Director	6.5yrs	US$269.16k	0.088% € 820.2k
John Jumper	Independent Director	12.8yrs	US$294.66k	0.13% € 1.3m
Carolyn Corvi	Independent Director	12.8yrs	US$316.13k	0.13% € 1.2m
Claiborne Rankin	Director	12.8yrs	US$260.08k	1.55% € 14.4m
H. Poor	Independent Director	7.7yrs	US$274.08k	0.098% € 914.4k
Edward Eliopoulos	Independent Director	4.5yrs	US$288.66k	0.064% € 594.5k

12.5yrs

Average Tenure

72yo

Average Age

Experienced Board: HYEA's board of directors are seasoned and experienced ( 12.5 years average tenure).

Hyster-Yale Management

Management criteria checks 2/4

Key information

Recent management updates

Hyster-Yale, Inc. Appoints Ann O’Hara as Director, as Member of the Audit Review Committee and the Planning Advisory Committee

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

Recent updates

Hyster-Yale, Inc. (NYSE:HY) announces an Equity Buyback for 1,500,000 shares, representing 8.57% for $50 million.

Hyster-Yale, Inc. (NYSE:HY) announces an Equity Buyback for 1,500,000 shares, representing 8.57% for $50 million.

Hyster-Yale, Inc. Appoints Ann O’Hara as Director, as Member of the Audit Review Committee and the Planning Advisory Committee

Hyster-Yale, Inc. Declares Quarterly Cash Dividend, Payable on December 13, 2024

Hyster-Yale, Inc. to Report Q4, 2024 Results on Feb 26, 2025

Third quarter 2024 earnings released: EPS: US$0.98 (vs US$2.08 in 3Q 2023)

Hyster-Yale, Inc. Provides Consolidated Earnings Guidance for the Fourth Quarter of 2024 and Full Year 2025

Hyster-Yale, Inc. to Report Q3, 2024 Results on Nov 05, 2024

Second quarter dividend of US$0.35 announced

Hyster-Yale, Inc. Declares Quarterly Dividend, Payable on September 13, 2024

Second quarter 2024 earnings released: EPS: US$3.62 (vs US$2.23 in 2Q 2023)

Hyster-Yale, Inc. Updates Consolidated Financial Guidance for the Second Half and Full Year 2024

Upcoming dividend of US$0.35 per share

Now 23% undervalued

Investor sentiment improves as stock rises 31%

First quarter dividend of US$0.35 announced

Hyster-Yale Materials Handling, Inc. to Report Q2, 2024 Results on Aug 06, 2024

Hyster-Yale Materials Handling, Inc. Declares Quarterly Dividend, Payable on June 14, 2024

First quarter 2024 earnings released: EPS: US$2.97 (vs US$1.56 in 1Q 2023)

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

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