Terex has appointed Seun Salami as a non-executive director, expanding the Terex board to nine directors, eight of them non-executive.
Salami is chief financial officer of global asset management firm Nuveen. He moved into this role after joining Nuveen's parent company TIAA in 2018 as corporate controller and was promoted to chief accounting officer and principal financial officer of TIAA Real Estate Account, before taking up the Nuveen job in 2020.
Having attended university in Nigeria and Ohio he became a chartered accountant and a certified public accountant, licensed in Illinois. He began his career in 2000 as an investment banking analyst with Access Bank, leaving the following year for accountants KPMG where he was appointed as a senior associate. He was appointed as a senior manager at Deloitte and Touche in late 2004 where he remained for the next 11 years, leaving for Chicago and global real estate company Jones Lang LaSalle/JLL in 2015 where he was responsible for global accounting and finance policy, making the move to TIAA three years later.
Chief executive John Garrison said: "Seun Salami will be an excellent addition to our board of directors. Seun is an executive with a successful track record of leading multifunctional teams from finance and operations to deliver strong results for global organisations."