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09.10.2009

Ellis to head Terex Construction

George Ellis has been appointed as president, Terex Construction, effective immediately and reporting to Tom Riordan, Terex chief operating officer.

Ellis, 49, was previously senior vice president, Terex Business System, with additional responsibilities for the company’s roadbuilding, manufacturing services and health safety & environment organisations.

Ellis entered Terex through Genie, where he was recruited as a site director in 2000. Following the Terex acquisition of Genie in 2002, he became general manager of the Southaven operation of Terex Construction and later general manager of the Terex Utility group.

Prior to joining Genie he worked at General Electric, the Pratt & Whitney division of United Technologies, and PPG Industries. He was also a consultant in the implementation of Toyota/lean systems.

Riordan said: “George is extremely well versed in equipment manufacturing and was already leading the roadbuilding portion of our Terex Construction operations. In addition, his knowledge of and insight into the construction market, as well as his ability to lead change and improvement make him very well suited to lead Terex Construction back to a position of profitability.”

Terex is currently evaluating the long term future of its Construction division and has said that it may well divest itself of a significant part of the business if a buyer could be found.

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