Terex Names Chief Ethics & Compliance Officer Stacey Babson-Smith a CEO Direct Report
October 23 2019 - 9:10AM
Terex Corporation (NYSE: TEX) today announced that Stacey
Babson-Smith, the Company’s Vice President, Chief Ethics &
Compliance Officer, will report directly to John L. Garrison, Jr.,
Chairman, President and CEO, effective January 1, 2020. She will
continue to serve on the Company’s Executive Leadership Team. Ms.
Babson-Smith previously had reported to Eric I Cohen, Senior Vice
President, Secretary and General Counsel, who will be leaving the
Company on December 31, 2019.
Ms. Babson-Smith has been with Terex for 17
years, the last 11 of which as Vice President, Chief Ethics &
Compliance Officer. She has built and led a robust global ethics
and compliance program that includes policies, systems and
processes, tool kits, training, investigations, communications and
monitoring, with full oversight of all corporate ethics and
compliance activities. Recently, Ms. Babson-Smith also took over
leadership for the Terex Global Trade team. Previously, for six
years she was the Company’s Vice President, Deputy General Counsel,
Employment & Diversity / Corporate Counsel, Director of HR
Compliance.
She holds a Juris Doctor degree from the
Benjamin N. Cardozo School of Law, Yeshiva University, and a
Bachelor’s degree in Marketing from The Ohio State University
Fisher College of Business.
Mr. Garrison commented, “Ethics and Compliance
is core to Terex’s values. Stacey has made exceptional
contributions to Terex as a strategic business partner to executive
leadership on ethics and compliance matters globally. She has
helped the Company instill integrity and compliance as value
propositions to attract and retain our customers, suppliers and
talent across the Company. Stacey has helped Terex stay vigilant
against key risk areas like anti-corruption, global trade issues,
anti-fraud, cyber security, data privacy and protection, and merger
and acquisition risk and integration.”
Mr. Garrison added, “Stacey is a highly valued
member of our Executive Leadership Team. I look forward to working
with her even more extensively on a direct-report basis going
forward.”
Contact Information:Terex CorporationBrian J.
Henry, Senior Vice PresidentBusiness Development & Investor
Relations (203)
222-5954brian.henry@terex.comhttps://investors.terex.com
About Terex:Terex
Corporation is a global manufacturer of lifting and materials
processing products and services that deliver lifecycle solutions
to maximize customer return on investment. The Company reports
in two business segments: Aerial Work Platforms and Materials
Processing. Terex delivers lifecycle solutions to a broad
range of industries, including the construction, infrastructure,
manufacturing, shipping, transportation, refining, energy, utility,
quarrying and mining industries. Terex offers financial
products and services to assist in the acquisition of
Terex equipment through Terex Financial
Services. Terex uses its website (www.terex.com) and
its Facebook page (www.facebook.com/TerexCorporation) to
make information available to its investors and the market.
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