---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-24-000156"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:10:05.502474+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale promotes Anthony Salgado to CEO of subsidiary HYMH; adjusts compensation

## Summary
- Salgado promoted to CEO of HYMH effective Jan 1, 2025; base salary rises to $768,439.
- Salgado's target cash opportunity set at 75% of new salary midpoint ($871,200); equity target 160% of midpoint.
- Executive Chairman Alfred M. Rankin Jr. base salary reduced from $1,041,926 to $1,009,411.
- Rankin's target cash remains at 90% of salary midpoint ($1,009,411); equity target unchanged at 220%.
- Rankin's perquisite cash allowance unchanged at $40,000; Salgado's increased to $35,000.

## SEC filing metadata
- accession: 0001173514-24-000156
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000156/0001173514-24-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000156/hy-20241213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-24-000156
- JSON: https://secwatch.observer/filing/0001173514-24-000156.json
- Plain text: https://secwatch.observer/filing/0001173514-24-000156.txt

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