NORWALK, Conn., Dec. 14, 2020 /PRNewswire/ -- Terex Corporation
(NYSE: TEX) today announced that Christopher Rossi has been appointed to the
Company's Board of Directors, effective January 1, 2021. Mr. Rossi is President and
Chief Executive Officer of Kennametal Inc., a global supplier of
tooling and industrial materials. Kennametal engages in the
development and application of tungsten carbides, ceramics,
super-hard materials and solutions used in metal cutting and
extreme wear applications. Since assuming the role in 2017, he
has been leading the company through a series of initiatives to
drive growth, simplify business processes and modernize
manufacturing facilities. He will become the eighth current
member of the Terex Board of Directors.
"I am delighted to welcome Chris
Rossi to the Terex Board of Directors," said John L. Garrison, Jr., Chairman and Chief
Executive Officer and President, Terex Aerial Work
Platforms. "Chris is a highly experienced leader of global
businesses with a track record of leading transformation and growth
under all market conditions. He is a strong proponent of a
vibrant corporate culture focused on performance and
accountability, and we see an excellent fit with
Terex."
Prior to joining Kennametal, Mr. Rossi held senior positions for
30 years at Dresser-Rand Group, an engineering and manufacturing
company that serves customers in the petroleum and natural gas
industries. At Dresser-Rand, he was part of a leadership team
that led a successful transformation and annual revenue growth from
$1 billion to $3 billion. Following this turnaround,
Siemens purchased Dresser-Rand Group for $7.6 billion in 2015. As Chief Executive
Officer, Mr. Rossi led the combining of the legacy Dresser-Rand and
Siemens Compression and Modules businesses to form the Oil &
Gas division of Siemens.
Mr. Rossi holds a Bachelor of Science in Mechanical Engineering
from Virginia Polytechnic Institute and State
University, and a Master of Business Administration in
Corporate Finance and Operations Management from the University of Rochester's Simon School of Business. He currently
serves on the Kennametal Board of Directors.
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 (www.terex.com) to make information
available to its investors and the market.
Contact Information: Randy
Wilson, Director, Investor Relations (203) 221-5415
randy.wilson@terex.com
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SOURCE Terex Corporation