NMHG Positions Americas Team for Success

Dec. 17, 2014
Chuck Pascarelli promoted to President, Americas; Pat DeSutter promoted to the position of Vice President of Fleet, Service and Aftermarket, both effective January 1.

GREENVILLE, N.C. (December 17, 2014) – NACCO Materials Handling Group (NMHG) announces the promotion and shifted responsibilities of several company leaders. These changes follow the recently announced promotion of Chuck Pascarelli to President, Americas. All changes, including Pascarelli’s, will take effect January 1, 2015, and serve to support efforts to grow the Americas business.

NMHG’s existing President of Sales, Americas, David Furman, will maintain his current title and direct reports while expanding his areas of responsibility to include the Marketing and the Leasing and Remarketing functions. As previously announced on Dec. 4, Pat DeSutter, Director of Fleet Management, has been promoted to the position of Vice President of Fleet, Service and Aftermarket. Vice President of Finance, Ray Ulmer, will maintain his current role while also assuming overall responsibility for Human Resources. Pascarelli’s remaining direct reports will continue with their current responsibilities.

“Like everything we do at NMHG, these organizational changes are focused on advancing the market and meeting the needs of our customers,” said Pascarelli. “I am proud to lead what I believe is the best team in the business and to build upon our already strong track record of quality, innovation and unsurpassed service.”

About NACCO Materials Handling Group

A world leader in the lift truck industry, NACCO Materials Handling Group (NMHG) designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. NMHG is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY).  Hyster-Yale Materials Handling, Inc. and its subsidiaries, headquartered in Cleveland, Ohio, employ approximately 5,200 people world-wide.