Stephen Karas

About Stephen Karas

Steve Karas is the President of sales for Hyster Yale Materials Handling. Hyster-Yale Material Handling, Inc. is a $4.1B publicly traded company on the NYSE trading under the symbol HY and is marketed primarily under the Hyster® and Yale® brands. In his role Steve oversees all aspects of sales for the North and South Americas which accounts for $2.8B of revenue. Prior to assuming the role of President of Sales in July 2024, Steve was Senior Vice President, President APIC for Hyster-Yale Group. In this role, Steve led all aspects of sales, marketing, finance, and aftermarket functions for the Hyster® and Yale® lines of products, as well as their extensive distribution network. In addition, his responsibilities included all Hyster-Yale Group products and lift truck services, financial services, fleet management, major accounts and dealer relations for the Asia Pacific India and China. Mr. Karas also was responsible for the global manufacturing facility in Fuyang, China. Prior to joining Hyster Yale Material Handling, Steve served in operational and supply chain leadership positions for Fortune 500 companies Textron, Dover, and Maytag. Mr. Karas holds a BA in Materials and Logistics Management from Michigan State University is a certified Six Sigma Greenbelt and also participated in the Thunderbird School of Global Management Executive Leadership Program.Steve serves on the board of directors for Sumitomo NACCO Forklift, located in Japan.

Experience

1. President of Sales

   Hyster-Yale Materials Handling

   Jul 2024 — Present · Greenville, NC, US

   Steve Karas is the President of sales for Hyster Yale Materials Handling. Hyster-Yale Material Handling, Inc. is a $4.1B publicly traded company on the NYSE trading under the symbol HY and is marketed primarily under the Hyster® and Yale® brands. In his role Steve oversees all aspects of sales for the North and South Americas which accounts for $2.8B of revenue.

Education

• Michigan State University

  Bachelor, Supply Chain Management

  1987 — 1991

Skills

• Talent Management
• Supply Chain
• Supplier Development
• Employee Engagement
• Purchasing
• Value Stream Mapping
• Demand Supply Planning
• Product Development
• Analysis
• Human Resources
• Materials Management
• Mergers
• Global Sourcing
• Material Handling
• Mergers & Acquisitions
• Project Management
• Supply Management
• Lean Manufacturing
• Supplier Quality
• Procurement
• Six Sigma
• Supplier Negotiation
• Business Strategy
• Demand Planning
• Logistics
• Leadership
• Logistics Management
• Lean Six Sigma
• Supply Chain Management
• Strategic Sourcing
• Data Modeling
• Management
• Supplier Evaluation