Alfred M.  Rankin net worth and biography

Alfred Rankin Biography and Net Worth

Alfred M. Rankin, Jr. is the chairman, president, and CEO of Hyster-Yale Materials Handling, Inc., a global lift truck manufacturer.

Rankin’s history with Hyster-Yale Materials Handling began in 1989 when he joined its parent company, the North American Coal Corporation, or NACCO Industries, Inc., as president and COO. From its founding in 1913, NACCO was solely a coal company until diversifying into a holdings company in 1985 by acquiring Yale Materials Handling Corporation.

Rankin quickly advanced within the company, becoming president and CEO in 1991 and chairman of the board of directors in 1994. 

Under his leadership, NACCO continued to diversify through the acquisition of forklift manufacturer Hyster Company in 1989, and appliance maker Hamilton Beach in 1990. Yale Materials Handling Corporation and the Hyster Company were combined into Hyster-Yale Materials Handling, Inc., a lift truck manufacturer that sells under the Hyster and Yale brand names. NACCO Industries spun off Hyster-Yale Materials Handling, Inc. in 2012 with Rankin continuing on as chairman, president and CEO. 

Rankin also became the executive chairman of the board of Hamilton Beach Brands Holding Company when it was spun off by NACCO Industries in 2017. 

Before joining NACCO Industries, Rankin found success as the president and executive vice president of operations of the materials handling and industrial groups of the Eaton Corporation where he ultimately became vice chairman and COO. He began his career at management consulting firm, McKinsey and Company. 

Rankin has served the Cleveland community with roles including trustee and former chairman of the board of directors at the University Hospitals of Cleveland, trustee and former president of the board of the Cleveland Museum of Art, trustee of the Musical Arts Association, trustee emeritus of Case Western Reserve University, former chairperson of The Cleveland Foundation, former trustee and president of the board of trustees of the Hathaway Brown School, and former trustee of Oberlin College, the Holden Arboretum, and the World Resources Institute. 

He has also been a director of the Vanguard Group, the Goodrich Corporation, the Standard Products Company, the Reliance Electric Company, and the National Association of Manufacturers, as well as the former director and chairman of the board of the Fourth District Federal Reserve Bank. 

Rankin holds his B.A. in economics, as well as his J.D., from Yale University. 

How old is Alfred M. Rankin?

Mr. Rankin is currently 83 years old. There are 9 older executives and no younger executives at Hyster-Yale Materials Handling. Learn More on Alfred M. Rankin's age.

How do I contact Alfred M. Rankin?

The corporate mailing address for Mr. Rankin and other Hyster-Yale Materials Handling executives is 5875 LANDERBROOK DRIVE SUITE 300, CLEVELAND OH, 44124. Hyster-Yale Materials Handling can also be reached via phone at (440) 449-9600 and via email at [email protected]. Learn More on Alfred M. Rankin's contact information.

Has Alfred M. Rankin been buying or selling shares of Hyster-Yale Materials Handling?

Alfred M. Rankin has not been actively trading shares of Hyster-Yale Materials Handling during the past quarter. Most recently, Alfred M. Et Al Rankin sold 83,734 shares of the business's stock in a transaction on Friday, January 22nd. The shares were sold at an average price of $55.50, for a transaction totalling $4,647,237.00. Learn More on Alfred M. Rankin's trading history.

Are insiders buying or selling shares of Hyster-Yale Materials Handling?

In the last year, insiders at the industrial products company sold shares 2 times. They sold a total of 16,720 shares worth more than $974,182.00. The most recent insider tranaction occured on March, 4th when insider Frank F Taplin sold 11,720 shares worth more than $680,932.00. Insiders at Hyster-Yale Materials Handling own 33.9% of the company. Learn More about insider trades at Hyster-Yale Materials Handling.

Information on this page was last updated on 3/4/2024.

Alfred M. Rankin Insider Trading History at Hyster-Yale Materials Handling

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/22/2021Sell83,734$55.50$4,647,237.00View SEC Filing Icon  
7/11/2019Buy3,159$53.84$170,080.56View SEC Filing Icon  
7/9/2019Buy750$53.85$40,387.50View SEC Filing Icon  
7/5/2019Buy803$53.31$42,807.93View SEC Filing Icon  
7/2/2019Buy1,443$53.99$77,907.57View SEC Filing Icon  
6/26/2019Buy296$53.86$15,942.56View SEC Filing Icon  
6/24/2019Buy736$53.73$39,545.28View SEC Filing Icon  
6/20/2019Buy536$53.63$28,745.68View SEC Filing Icon  
6/18/2019Buy2,949$52.97$156,208.53View SEC Filing Icon  
6/14/2019Buy5,586$49.81$278,238.66View SEC Filing Icon  
4/26/2019Buy1,080$64.99$70,189.20View SEC Filing Icon  
4/10/2019Buy831$64.93$53,956.83View SEC Filing Icon  
4/4/2019Buy771$64.99$50,107.29View SEC Filing Icon  
4/2/2019Buy3,248$64.62$209,885.76View SEC Filing Icon  
3/29/2019Buy3,631$62.49$226,901.19View SEC Filing Icon  
3/27/2019Buy3,632$62.49$226,963.68View SEC Filing Icon  
3/25/2019Buy272$61.92$16,842.24View SEC Filing Icon  
3/21/2019Buy1,595$64.28$102,526.60View SEC Filing Icon  
3/19/2019Buy2,288$64.53$147,644.64View SEC Filing Icon  
3/15/2019Buy3,141$63.70$200,081.70View SEC Filing Icon  
3/12/2019Buy1,975$64.98$128,335.50View SEC Filing Icon  
3/8/2019Buy1,601$64.19$102,768.19View SEC Filing Icon  
3/6/2019Buy1,602$64.99$104,113.98View SEC Filing Icon  
3/4/2019Buy803$64.98$52,178.94View SEC Filing Icon  
3/1/2019Buy1,088$64.96$70,676.48View SEC Filing Icon  
1/3/2019Buy3,431$61.82$212,104.42View SEC Filing Icon  
12/31/2018Buy3$62.35$187.05View SEC Filing Icon  
12/31/2018Buy3,590$61.91$222,256.90View SEC Filing Icon  
12/28/2018Buy3,278$61.35$201,105.30View SEC Filing Icon  
12/27/2018Buy5,062$59.24$299,872.88View SEC Filing Icon  
12/26/2018Buy1,460$58.10$84,826.00View SEC Filing Icon  
12/24/2018Buy5,176$58.15$300,984.40View SEC Filing Icon  
12/20/2018Buy5,781$60.22$348,131.82View SEC Filing Icon  
12/18/2018Buy533$62.44$33,280.52View SEC Filing Icon  
12/14/2018Buy2,462$63.75$156,952.50View SEC Filing Icon  
12/12/2018Buy1,578$63.56$100,297.68View SEC Filing Icon  
12/10/2018Buy3,124$61.58$192,375.92View SEC Filing Icon  
12/6/2018Buy1,532$62.52$95,780.64View SEC Filing Icon  
11/30/2018Buy1,689$64.88$109,582.32View SEC Filing Icon  
11/28/2018Buy1,410$64.66$91,170.60View SEC Filing Icon  
11/26/2018Buy1,341$64.99$87,151.59View SEC Filing Icon  
11/19/2018Buy1,652$63.79$105,381.08View SEC Filing Icon  
11/15/2018Buy3,787$62.08$235,096.96View SEC Filing Icon  
11/13/2018Buy1,996$63.23$126,207.08View SEC Filing Icon  
11/9/2018Buy2,090$64.98$135,808.20View SEC Filing Icon  
11/5/2018Buy1,879$64.98$122,097.42View SEC Filing Icon  
11/1/2018Buy3,726$61.80$230,266.80View SEC Filing Icon  
10/30/2018Buy3,775$61.72$232,993.00View SEC Filing Icon  
10/26/2018Buy5,698$59.78$340,626.44View SEC Filing Icon  
10/24/2018Buy3,795$61.80$234,531.00View SEC Filing Icon  
10/22/2018Buy3,469$61.92$214,800.48View SEC Filing Icon  
10/18/2018Buy1,781$61.69$109,869.89View SEC Filing Icon  
10/16/2018Buy1,808$62.90$113,723.20View SEC Filing Icon  
10/12/2018Buy3,337$61.23$204,324.51View SEC Filing Icon  
10/10/2018Buy3,433$61.83$212,262.39View SEC Filing Icon  
10/8/2018Buy132$63.13$8,333.16View SEC Filing Icon  
10/5/2018Buy2,999$63.30$189,836.70View SEC Filing Icon  
10/3/2018Buy1,504$63.46$95,443.84View SEC Filing Icon  
10/1/2018Buy3,005$61.74$185,528.70View SEC Filing Icon  
9/27/2018Buy2,700$62.43$168,561.00View SEC Filing Icon  
9/25/2018Buy1,346$64.98$87,463.08View SEC Filing Icon  
9/17/2018Buy418$64.99$27,165.82View SEC Filing Icon  
9/13/2018Buy1,403$64.38$90,325.14View SEC Filing Icon  
9/11/2018Buy1,398$63.70$89,052.60View SEC Filing Icon  
9/7/2018Buy3,143$62.34$195,934.62View SEC Filing Icon  
9/4/2018Buy1,700$61.28$104,176.00View SEC Filing Icon  
10/6/2016Buy669$61.34$41,036.46View SEC Filing Icon  
10/5/2016Buy9,576$61.31$587,104.56View SEC Filing Icon  
10/4/2016Buy9,575$60.94$583,500.50View SEC Filing Icon  
10/3/2016Buy9,576$60.52$579,539.52View SEC Filing Icon  
9/30/2016Buy6,775$60.06$406,906.50View SEC Filing Icon  
9/29/2016Buy10,163$58.95$599,108.85View SEC Filing Icon  
9/28/2016Buy10,164$58.10$590,528.40View SEC Filing Icon  
9/27/2016Buy10,164$57.02$579,551.28View SEC Filing Icon  
9/26/2016Buy2,718$56.43$153,376.74View SEC Filing Icon  
9/23/2016Buy5,705$55.06$314,117.30View SEC Filing Icon  
9/22/2016Buy9,380$51.24$480,631.20View SEC Filing Icon  
9/21/2016Buy18,762$48.47$909,394.14View SEC Filing Icon  
9/19/2016Buy9,381$48.46$454,603.26View SEC Filing Icon  
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Alfred M. Rankin Buying and Selling Activity at Hyster-Yale Materials Handling

This chart shows Alfred M Et Al Rankin's buying and selling at Hyster-Yale Materials Handling by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Hyster-Yale Materials Handling Company Overview

Hyster-Yale Materials Handling logo
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, it produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, the company designs, manufactures, and sells hydrogen fuel-cell stacks and engines. It serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.
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Today's Range

Now: $64.19
Low: $62.57
High: $64.19

50 Day Range

MA: $64.40
Low: $56.90
High: $72.32

2 Week Range

Now: $64.19
Low: $38.50
High: $72.40

Volume

147,950 shs

Average Volume

107,473 shs

Market Capitalization

$1.12 billion

P/E Ratio

8.85

Dividend Yield

2.15%

Beta

1.48