Hyster-Yale names Stanley Black & Decker exec Matthew Cornell CFO, effective Nov 1; base salary $605,000

HYSTER-YALE, INC.

Board appointed Matthew Cornell, 46, as Senior Vice President and CFO effective November 1, 2026; base salary set at $605,000 per year.
CEO Rajiv K. Prasad stays principal financial officer through the Q3 2026 Form 10-Q filing; Cornell assumes that role November 4.
Cornell was President and GM, Specialty Tools & Storage Solutions at Stanley Black & Decker (Oct 2022-Oct 2025) and CFO, Industrial Segment (May 2020-June 2024).
Target annual incentive 60% of $626,800 salary midpoint (0-150%); long-term equity target 90% of midpoint plus 15% uplift (0-200%), paid 65% restricted shares / 35% cash.
Sign-on bonus of $75,000 ($30,000 first payroll, $45,000 on relocation before Aug 1, 2027), one-time 3,500-share award plus cash equal to 35% of its value, and $20,000/year allowance.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.