Terex Announces Leadership Succession Plan
Garrison will be succeeded by Simon Meester, current President Terex Aerial Work Platforms, as the Company's President and Chief Executive Officer.
- Garrison will be succeeded by Simon Meester, current President Terex Aerial Work Platforms, as the Company's President and Chief Executive Officer.
- Sachs said, "On behalf of the entire Board, I want to thank John for his significant contributions, leadership and dedicated years of service to Terex.
- Under his leadership, Terex has experienced remarkable success and remains well positioned for continued growth.
- The naming of Simon as the next CEO is the culmination of a thorough and orderly succession planning process undertaken by the Terex Board, that included the evaluation of internal and external candidates, to ensure continuity of leadership.