CFO transition
Hyster-Yale, Inc. CFO transition: Matthew Cornell to succeed Rajiv K. Prasad
Hyster-Yale, Inc. reported in a Form 8-K filed October 15, 2026 that Matthew Cornell will succeed Rajiv K. Prasad as Senior Vice President, Chief Financial Officer, effective November 1, 2026.
In the filing's words
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.
Verbatim from sec.gov, Item 5.02. We quote departures; we do not characterize them.
| Company | Hyster-Yale, Inc. (HY) |
|---|---|
| Event | Transition |
| Incoming | Matthew Cornell |
| Outgoing | Rajiv K. Prasad |
| Title in the filing | Senior Vice President, Chief Financial Officer |
| Effective | November 1, 2026 |
| 8-K filed | October 15, 2026 |
| Internal promotion | No |
| Prior role (per filing) | President and General Manager, Specialty Tools & Storage Solutions, Stanley Black & Decker, Inc. |
| SEC CIK | 0001173514 |
Hyster-Yale, Inc. reported this change in a Form 8-K, Item 5.02, filed October 15, 2026. The filing's own words are quoted above.
Sources
- sec.gov · SEC filing, Item 5.02 · accessed 2026-10-16
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