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Terex Corporation (TEX)


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Terex Corporation

200 Nyala Farm Road
Westport, CT 06880
United States
203-222-7170
http://www.terex.com

SectorIndustrial Goods
IndustryFarm & Construction Machinery
Full Time Employees11,300

Key Executives

NameTitlePayExercisedAge
Mr. John L. Garrison Jr.Chief Exec. Officer, Pres and Director1.82MN/A56
Mr. Eric I. CohenSr. VP, Gen. Counsel and Sec.768.06kN/A59
Mr. Stoyan FilipovPres of Terex Cranes826.32kN/A49
Mr. Matthew S. FearonPres of Terex Aerial Work Platforms758.81kN/A56
Mr. John D. Sheehan CPAChief Financial Officer and Sr. VPN/AN/A56
Amounts are as of December 31, 2016 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 lifting and material processing products worldwide. The company operates through three segments: Aerial Work Platforms (AWP), Cranes, and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brand names. The Cranes segment designs, manufactures, services, refurbishes, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, utility equipment, and truck-mounted cranes, as well as related components and replacement parts under the Terex and Demag brand names. The MP segment designs, manufactures, and markets crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks, concrete pavers, and related components and replacement parts under the Terex, Powerscreen, Fuchs, and CBI brand names, as well as the Terex name in conjunction with certain historic brand names. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, and quarrying and mining industries. Terex Corporation was founded in 1925 and is based in Westport, Connecticut.

Corporate Governance

Terex Corporation’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 2; Compensation: 3.

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.