Terex Corporation (TEX)

57.62 -0.46 (-0.79%) At close: 04:00PM EDT

Terex Corporation

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

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full Time Employees: 9,300

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. John L. Garrison Jr.	Chairman, Pres & CEO	3.82M	N/A	1961
Ms. Julie A. Beck CPA, CPA	Sr. VP & CFO	1.3M	N/A	1962
Mr. Scott J. Posner	Sr. VP, Gen. Counsel & Sec.	1.06M	N/A	1975
Mr. Kieran Hegarty	Pres of Terex Materials Processing	1.12M	N/A	1967
Mr. Simon A. Meester	Pres of Genie	1.05M	N/A	1970
Mr. Stephen A. Johnston	Chief Accounting Officer, VP & Controller	N/A	N/A	1980
Dr. Paretosh Misra C.F.A., Ph.D.	Head of Investor Relations	N/A	N/A	N/A
Ms. Stacey Babson Kaplan	Sr. VP, Chief Sustainability, Ethics & Compliance Officer	N/A	N/A	N/A
Randy S. Williamson	Sr. VP of Corp. Devel. & Chief Strategy Officer	N/A	N/A	N/A
Ms. Amy J. George	Sr. VP of HR & Chief HR Officer	N/A	N/A	1962

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, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products comprise 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, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's 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 brand names and business lines. 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 company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products.Terex Corporation is based in Norwalk, Connecticut.

Corporate Governance

Terex Corporation’s ISS Governance QualityScore as of September 1, 2023 is 3. The pillar scores are Audit: 7; Board: 5; 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.