18.05.2008

Two new directors for Terex

Terex has appointed Thomas J. Hansen and David C. Wang to its board of directors.

Hansen, 59, is vice chairman of Illinois Tool Works, a manufacturer of fasteners and components, consumable systems and a variety of specialty products and equipment. He is responsible for ITW’s worldwide Automotive Components and Fastener, Fluids and Polymers, Industrial Metal and Plastic and Construction businesses.

He joined the company in 1980 as sales and marketing manager of the Shakeproof Industrial Products businesses and has held several other positions within the company.

Wang, 64, is president of Boeing China and vice president of international relations at Boeing. Prior to joining Boeing, Wang spent 21 years at General Electric China, serving as chairman and chief executive officer of from 1997 to 2001. He is also a director of KLA-Tencor Corporation.

“We are extremely pleased to have both Thomas Hansen and David Wang join the Terex board of directors,” said Ronald M. DeFeo, Terex chairman and chief executive officer. ”The combination of the manufacturing, executive management and international experience that these highly talented individuals have gained in their capacities at these two premier companies, ITW and Boeing, will be of great benefit in our Board’s strategic management of Terex as we continue to expand globally and make progress toward our ambitious growth targets.”