15.08.2018

New chairman for Terex

Terex chief executive John Garrison has added the role of chairman to his duties, effective today.

David Sachs the current chairman and a non executive director, will remain on the board but return to his previous role as lead director. He has been chairman since 2016, when he took over from Ron Defeo.

Sachs said: “I would like to congratulate John on his election to serve in the additional capacity of chairman of the board. Under his leadership, management has taken significant steps to better position Terex for the future while executing the company’s Focus, Simplify and Execute to Win strategy and I am convinced that the best is yet to come for John and the Terex team. John’s strong track record as chief executive, coupled with his experience sitting on the board, leaves me confident that the role of chairman will be in good hands.”

Garrison added: “I appreciate the board’s support and confidence and I look forward to leading Terex on our mission to provide solutions to our machinery and industrial product customers that yield superior productivity and return on investment. On behalf of Terex, I would like to thank David for his leadership and contributions to the company as chairman and look forward to his continued contributions as lead director.”
Please register to see all images

John Garrison