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Terex Corporation Names New President and CEO

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Terex Corp., a leading manufacturer of materials processing machines and aerial work platforms, announced today that Simon Meester will be taking on the role of president and chief executive officer. The current chairman and CEO, John Garrison Jr., will be retiring effective January 1.

A Proven Leader in the Industry

Meester has a strong background in the industry and has played an integral role in the success of Terex. He has been serving as the president of Terex Aerial Work Platforms since May and previously held the position of president at Terex subsidiary Genie. Before joining Terex, Meester had successful stints at Eaton Corp. and Caterpillar, further solidifying his expertise and leadership skills.

A Smooth Transition

To ensure a seamless transition, Garrison will be working closely with Meester until the end of the year. This collaborative approach will help facilitate a smooth handover of responsibilities and allow for a seamless continuation of operations.

Strengthening Leadership at Genie

Alongside this management change, Joshua Gross, the current vice president of global strategy and product management for Genie, will be promoted to president of Genie. Gross’s extensive knowledge of the company’s products and strategies will be crucial in driving continued growth and success for this subsidiary.

A Change in Board Leadership

With Garrison’s retirement, David Sachs, the lead independent director of the board, will step into the role of non-executive chairman. This move ensures continuity and stability within Terex’s leadership structure.

Conclusion

Terex Corp. is excited to welcome Simon Meester as its new president and CEO. With his experience and expertise, along with a strong leadership team in place, the company is poised for continued growth and success in the industry.

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