secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001173514-24-000156
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351424000156/0001173514-24-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351424000156/hy-20241213.htm
  HTML page:      https://secwatch.observer/filing/0001173514-24-000156

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