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Terex Corporation (TEX)

NYSE - NYSE Delayed Price. Currency in USD
58.84-0.23 (-0.39%)
At close: 04:00PM EDT
58.84 0.00 (0.00%)
After hours: 06:28PM EDT

Terex Corporation

45 Glover Avenue
4th Floor
Norwalk, CT 06850
United States
203 222 7170
https://www.terex.com

Sector(s)Industrials
IndustryFarm & Heavy Construction Machinery
Full Time Employees10,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Simon A. MeesterPresident, CEO & Director1.05MN/A1971
Ms. Julie A. Beck CPASenior VP & CFO1.3MN/A1962
Mr. Scott J. PosnerSenior VP, General Counsel & Secretary1.06MN/A1975
Mr. Kieran HegartyPresident of Terex Materials Processing1.12MN/A1967
Mr. John L. Garrison Jr.Consultant3.82MN/A1961
Mr. Stephen A. JohnstonChief Accounting Officer, VP & ControllerN/AN/A1980
Dr. Paretosh Misra C.F.A., Ph.D.Head of Investor RelationsN/AN/AN/A
Ms. Stacey Babson KaplanSenior VP, Chief Sustainability, Ethics & Compliance OfficerN/AN/AN/A
Randy S. WilliamsonSenior VP of Corporate Development & Chief Strategy OfficerN/AN/AN/A
Ms. Amy J. GeorgeSenior VP of Human Resources & Chief Human Resources Officer1.06MN/A1962
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1933 and is based in Norwalk, Connecticut.

Corporate Governance

Terex Corporation’s ISS Governance QualityScore as of March 1, 2024 is 2. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.