On August 1, 2022, Hyster-Yale Materials Handling, Inc. appointed Scott A. Minder, age 49, as Senior Vice President, and Treasurer of the Company, effective August 29, 2022 (the Effective Date), to replace Kenneth C. Schilling, who is currently serving as CFO. Also, on August 1, 2022, Mr. Schilling notified the Company that he intends to retire from the Company, effective December 31, 2022. To ensure a smooth transition, Mr. Schilling will remain with the Company and assume a new role as the Company's Senior Vice President, Special Financial Advisor to the Chairman on the Effective Date.
Mr. Minder has served as the Vice President, Treasurer and Investor Relations of ATI Inc. (ATI), a global specialty materials and components company (from June 2018 to present), and as the Vice President, Investor Relations of ATI (from June 2017 to June 2018). Previously, he worked for PPG Industries, a global manufacturer of paints, coatings and specialty materials, in various financial roles, including Director, Investor Relations, Global Business Controller- Industrial Coatings, Packaging Coatings and CFO-Automotive OEM Coatings (from 2009 to 2017). Prior to joining PPG Industries, Mr. Minder was CFO for the automotive division and Director, Global Quality at Penske Logistics. Mr. Minder also had a distinguished 11 year career with General Motors that spanned several positions of increasing responsibility within the finance function, including roles in manufacturing, marketing and corporate locations, culminating in investor relations.