Matthew Cornell was named Chief Financial Officer of Hyster-Yale, Inc., effective November 1, 2026. As of November 6, 2026, Hyster-Yale, Inc. has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from August 6, 2026 to October 15, 2026, naming 2 appointments (Form 8-K, October 15, 2026).
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Hyster-Yale, Inc. reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-08-06 to 2026-10-15. They name 2 people. Every row below is cited to the filing it comes from, and this page adds each new change as Hyster-Yale, Inc. files it.
Layoffs on record: about 575 jobs, latest 2025-11-19 (layoff filings and notices).
Also on the record for Hyster-Yale, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| January 30, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | 4.88% of the class | 5%+ stakes | Source |
| November 6, 2025 | Stake report, Schedule 13D/A, by GAMCO INVESTORS, INC. ET AL | 5.7% of the class | 5%+ stakes | Source |
| October 30, 2025 | Stake report, Schedule 13G/A, by The Vanguard Group | 6.38% of the class | 5%+ stakes | Source |
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More on Hyster-Yale, Inc. and the records around it.
Hyster-Yale, Inc. elsewhere on the record
- 5%+ stake filings Jan 2026
- Layoff notices Nov 2025
- Who owns it
Companies that share a holder
- GAMCO INVESTORS, INC. ET AL also filed stake reports on 45 other companies: WESTWOOD HOLDINGS GROUP INC (Nov 2026), NATHANS FAMOUS, INC. (Oct 2026), BEASLEY BROADCAST GROUP INC (Oct 2026)
- The Vanguard Group also filed stake reports on 2384 other companies: BellRing Brands, Inc. (Sep 2026), CAL-MAINE FOODS INC (Sep 2026), FTAI Aviation Ltd. (Sep 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-15 | In | Chief Financial Officer | 2026-11-01 | 8-K, 2026-10-15 | |
| 2026-08-06 | In | Chief Operating Officer | 2026-08-01 | 8-K, 2026-08-06 |
Who leads Hyster-Yale, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Financial Officer: Matthew Cornell, appointed, effective 2026-11-01 (filed 2026-10-15).
- Chief Operating Officer: Anthony J. Salgado, appointed, effective 2026-08-01 (filed 2026-08-06).
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Find candidates like Chief Financial Officer at Hyster-Yale, Inc.Every change, in the filing's words
Appointed: Matthew Cornell, Chief Financial Officer, effective 2026-11-01
On October 14, 2026, the Board of Directors (the " Board ") of Hyster-Yale, Inc. (the " Company ") appointed Matthew Cornell to serve as the Company's Senior Vice President, Chief Financial Officer (" CFO "), effective November 1, 2026.
- In connection with such appointment and in order to ensure an orderly transition of duties, the Board has determined that Rajiv K. Prasad, President and Chief Executive Officer of the Company, will continue to serve as the Company's principal financial officer until the filing of the Company's Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2026 (Mr. Prasad has been serving in that capacity since January 1, 2026), following which Mr. Cornell will assume the role of principal financial officer on November 4th.
- Prior to joining the Company, Mr. Cornell, 46, served as President and General Manager, Specialty Tools & Storage Solutions for Stanley Black & Decker, Inc. ("Stanley"), a global manufacturer of customer tools and outdoor equipment, from October 2022 to October 2025 and as the Chief Financial Officer, Industrial Segment for Stanley from May 2020 to June 2024.
- In connection with his appointment as CFO, Mr. Cornell has entered into an offer letter with the Company setting his initial base salary at a rate of $605,000 per year.
- Mr. Cornell has also agreed to abide by customary non-compete, confidentiality and other standard new hire employment terms, and is expected to comply with certain customary pre-employment conditions.
Appointed: Anthony J. Salgado, Chief Operating Officer, effective 2026-08-01
On August 1, 2026, the Board of Directors of Hyster-Yale, Inc. (the "Company") appointed Anthony J. Salgado as Chief Operating Officer of the Company effective August 1, 2026.
- Prior to his appointment as Chief Operating Officer, Mr. Salgado, age 55, served as President and Chief Executive Officer of Hyster-Yale Materials Handling, Inc., the Company's principal operating subsidiary.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.
