WESTPORT, Conn., June 8, 2020 /PRNewswire/ -- Terex
Corporation (NYSE:TEX) today announced that John L. Garrison, Jr., Chairman and CEO of Terex
Corporation, will take on additional responsibilities as President,
Terex Aerial Work Platforms (AWP), effective immediately.
Matt Fearon, the current AWP
President, is leaving the Company August
1 after 25 years with Terex, AWP and Genie, AWP's flagship
brand. Simon A. Meester, Vice
President, Global Sales and Marketing Administration for AWP, will
be promoted to Chief Operating Officer, Terex Aerials. Mr. Meester and Clint Weber, General Manager of Terex Utilities,
the Company's other business in the AWP segment, will both report
directly to Mr. Garrison in his role as President, Terex AWP. The Terex Executive Leadership Team
will continue to report to Mr. Garrison in his role as Chairman and
CEO of Terex Corporation.
"We thank Matt Fearon for his
many contributions to Terex," Mr. Garrison said. "Matt has been a
dynamic and much-admired leader who helped Genie grow from a
regional brand to a global powerhouse. He arrived as an engineer 25
years ago and went on to key roles including VP Operations, VP and
Managing Director of EMEAR, VP and General Manager, Americas, and
ultimately President of AWP."
Mr. Meester joined Terex in 2018 from Eaton Corporation, where
he was VP and General Manager of the Industrial Control Division.
Earlier, he spent 14 years in progressively senior roles at
Caterpillar, Inc., before becoming President, Sandvik Mining and Construction in India. He has managed global teams and
operations for 20 years, based in seven countries, including eight
years in the United States. He
holds an MBA from the University of Surrey, England and a Bachelor of Science in
Automotive Engineering, Apeldoorn, Netherlands.
"I look forward to working closely with Simon and Clint, and
their terrific teams at Genie and Utilities," Mr. Garrison said.
"We congratulate Simon on his expanded responsibilities, and we
send best wishes to Matt for continued great success in the years
ahead."
About Terex:
Terex is a global manufacturer of aerial
work platforms and materials processing machinery. The Company
designs, builds and supports products used in construction,
maintenance, manufacturing, energy, minerals and materials
management applications. Terex's products are manufactured in North
and South America, Europe, Australia and Asia and sold worldwide. The Company engages
with customers through all stages of the product life cycle, from
initial specification and financing to parts and service support.
Terex uses its website (http://www.terex.com/) to make
information available to its investors and the market.
Contact Information:
Terex Corporation
Randy Wilson
Director, Investor Relations
(203) 221-5415
randy.wilson@terex.com
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SOURCE Terex Corporation