TEX - Terex Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

Terex Corporation

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

SectorIndustrials
IndustryFarm & Construction Equipment
Full Time Employees10,700

Key Executives

NameTitlePayExercisedYear Born
Mr. John L. Garrison Jr.Pres, CEO & Director1.82MN/A1961
Mr. John D. SheehanSr. VP & CFON/AN/A1962
Mr. Eric I. CohenSr. VP, Gen. Counsel & Sec.768.06kN/A1958
Mr. Stoyan FilipovPres of Terex Cranes826.32kN/A1968
Mr. Matthew S. FearonPres of Terex Aerial Work Platforms758.81kN/A1961
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 aerial work platforms, cranes, and materials processing machinery worldwide. The company operates through three segments: Aerial Work Platforms (AWP), Cranes, and Material Processing (MP). The AWP segment engages in the design, manufacture, service, and market of AWP equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brands to construct and maintain industrial, commercial, and residential buildings and facilities, and for other commercial operations, as well as used in infrastructure projects. The Cranes segment designs, manufactures, services, refurbishes, and markets mobile telescopic and lattice boom crawler cranes, tower cranes, and utility equipment, as well as related components and replacement parts under the Terex and Demag brand names for the construction, repair, and maintenance of commercial buildings, manufacturing facilities, construction and maintenance of utility and telecommunication lines, tree trimming, and certain construction and foundation drilling applications, as well as for infrastructure projects. The MP segment engages in the design, manufacture, and marketing of crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks and pavers, and related components and replacement parts under the Terex, Powerscreen, Fuchs, Evoquip, and CBI brands, as well as the Terex name in conjunction with certain historic brand names. This segment's products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; and building roads and bridges, as well as landscaping and biomass production industries. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1925 and is based in Westport, Connecticut.

Corporate Governance

Terex Corporation’s ISS Governance QualityScore as of May 1, 2018 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 3; 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.