Governance

Corporate Governance

At Hyster-Yale, oversight and consulting roles are reinforced by a corporate governance structure designed to ensure accountability, fiscal responsibility and the highest level of ethical conduct.

This corporate governance program has four key elements which have largely been in place for a decade or more:

  • Strong, independent board of directors to ensure effective oversight
  • Strong, independent nominating and governance committee to ensure a strong, independent board
  • Strong, independent compensation committee to ensure responsible compensation
  • Strong, independent audit committee to ensure accounting integrity

Board of Directors

James B. Bemowski ,

Retired Vice Chairman of Doosan Group

J.C. Butler, Jr. ,

Senior Vice President - Finance, Treasurer and Chief Administrative Officer, NACCO Industries, Inc.

President and Chief Executive Officer of The North American Coal Corporation

Carolyn Corvi ,

Retired Vice President and General Manager – Airplane Programs of The Boeing Company (an aerospace company)

John P. Jumper ,

Retired Chief of Staff, United States Air Force

Dennis W. LaBarre ,

Retired Partner, Jones Day (law firm)

F. Joseph Loughrey ,

Retired Vice Chairman, President and Chief Operating Officer of Cummins, Inc. (an engine manufacturing company)

H. Vincent Poor ,

Michael Henry Strater University Professor of Electrical Engineering of Princeton University

Alfred M. Rankin, Jr. ,

Chairman, President and Chief Executive Officer of Hyster-Yale Materials Handling, Inc.

Chairman of Hyster-Yale Group, Inc.

Chairman, President and Chief Executive Officer of NACCO Industries, Inc.

Claiborne Rankin ,

Manager of NCAF Management, LLC, the managing member of North Coast Angel Fund, LLC (a private firm specializing in venture capital and investments)

John M. Stropki ,

Retired Executive Chairman of Lincoln Electric Holdings Inc. (a welding products company)

Britton T. Taplin ,

Self-employed (personal investments)

Eugene Wong ,

Professor Emeritus of the University of California at Berkeley

Committee Composition

Director Independence Standards

These standards are considered by the Board of Directors of Hyster-Yale Materials Handling, Inc. in determining whether individual directors qualify as "independent" under the Rules of the New York Stock Exchange.

Standards

Governance & Environmental and Corporate Responsibility

At Hyster-Yale, we hold ourselves accountable at every level. From our headquarters to individual Hyster-Yale facilities, our corporate ethics help define who we are. We recognize a responsibility not only to our customers, dealers and employees, but to the environment and the communities in which we live. We meet our corporate responsibility head-on with some of the industry’s most proactive programs, addressing everything from the health and safety of our employees and customers to environmental sustainability.

Governance Documents

Governance Guidelines

Business Partner Code of Conduct


Click Here for Translations of Corporate Code of Ethics

Environmental & Corporate Responsibility

Corporate Responsibility Report

Conflict Minerals Report

UK Gender Pay Report UK Tax Strategy


Click here to see California Human Trafficking Law