Kenneth C. Schilling, senior vice president, CFO and treasurer of Hyster-Yale Materials Handling, intends to retire from the company on Dec. 31 after a 31-year career with Hyster-Yale and its predecessor parent company, NACCO Industries. In the context of this retirement, the company’s board of directors appointed Scott A. Minder, currently the vice president – treasurer and investor relations of ATI, to succeed Schilling on Aug. 29. At that time, Schilling will become senior vice president and special financial advisor to Hyster-Yale’s chairman to support the transition until his retirement date.

During Schilling’s tenure as CFO and treasurer, he has directed financial initiatives for the company, including guiding Hyster-Yale through its spin-off from NACCO Industries in September 2012.

Minder has served as vice president – treasurer and investor relations of ATI since June 2018, having previously served as vice president of investor relations since joining ATI in June 2017. Before ATI, he worked for PPG Industries from 2009 to 2017 in various financial roles, including director of investor relations, global business controller for industrial coatings and packaging coatings and CFO for automotive OEM coatings. Prior to joining PPG Industries in 2009, Minder was CFO for the automotive division and director of global quality at Penske Logistics. Minder also had an 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.

In his role as senior vice president, CFO and treasurer at Hyster-Yale, Minder will oversee the company’s finance, investor relations, tax and treasury functions.