---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-22-000064"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:12:07.428268+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale names Scott Minder CFO as Ken Schilling retires; effective Aug 29, 2022

## Summary
- Scott Minder appointed SVP, CFO & Treasurer effective Aug 29, 2022; base salary $430,000/year.
- Kenneth Schilling to retire Dec 31, 2022; remains SVP, Special Financial Advisor to Chairman.
- Minder receives $150,000 sign-on cash bonus; 8,000 restricted shares plus 35% cash award.
- Annual target incentive equal to 50% of salary midpoint ($477k) with 2022 minimum 100% payout.

## SEC filing metadata
- accession: 0001173514-22-000064
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2022-08-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000064/0001173514-22-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000064/hy-20220801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-22-000064
- JSON: https://secwatch.observer/filing/0001173514-22-000064.json
- Plain text: https://secwatch.observer/filing/0001173514-22-000064.txt

## Key facts
- Executive change
  Scott A. Minder was appointed as Senior Vice President, Chief Financial Officer and Treasurer at HYSTER-YALE, INC..
  - Action: appointed
  - Role: Senior Vice President, Chief Financial Officer and Treasurer
  source text: On August 1, 2022, Hyster-Yale Materials Handling, Inc. (the “Company”) appointed Scott A. Minder, age 49, as Senior Vice President, Chief Financial Officer and Treasurer (“CFO”) of the Company, effective August 29, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000064/0001173514-22-000064-index.htm
- Executive change
  Kenneth C. Schilling departed as Senior Vice President, Special Financial Advisor to the Chairman at HYSTER-YALE, INC..
  - Action: notified intention to retire
  - Role: Senior Vice President, Special Financial Advisor to the Chairman
  source text: Mr. Schilling notified the Company that he intends to retire from the Company, effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000064/0001173514-22-000064-index.htm
- Executive change
  Kenneth C. Schilling changed role as Senior Vice President, Special Financial Advisor to the Chairman at HYSTER-YALE, INC..
  - Action: assumed new role
  - Role: Senior Vice President, Special Financial Advisor to the Chairman
  source text: Mr. Schilling will remain with the Company and assume a new role as the Company’s Senior Vice President, Special Financial Advisor to the Chairman on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351422000064/0001173514-22-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.