Terex Corp (TEX) company profile
Close on Nov 13, 2026Market cap $6.40BP/E 28.8Yield –
About Terex
Industrial Trucks, Tractors, Trailors & Stackers, SIC 3537
Terex Corporation manufactures specialized industrial machinery and equipment, operating through three segments: Environmental Solutions, Material Processing, and Aerials. Its Environmental Solutions division produces waste collection bodies, compactors, balers, and utility equipment such as digger derricks and insulated aerial devices, accompanied by fleet digital systems and software. The Material Processing segment builds crushing, screening, washing, conveying, and specialty machinery, including material handlers, concrete mixers, and robotic recycling sorters. Its Aerials segment designs boom lifts, scissor lifts, portable lifts, and telehandlers. Across these units, Terex serves customers in solid waste, recycling, electric utilities, infrastructure, quarrying, mining, construction, and entertainment.
Terex operates manufacturing facilities across North America, Europe, and Asia Pacific, with production sites situated in the United States, Northern Ireland, England, Ireland, Germany, Italy, China, India, and Mexico. Distribution, parts, and service operations span regions worldwide, including hubs in North America and service facilities in Australia, Thailand, Turkey, and Malaysia. The company is incorporated in Delaware, while its specific headquarters city is not mentioned.
Summary of the business section of Terex's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Terex Corp
- Founded
- 1986
- Headquarters
- Norwalk, CT
- Address
- 301 Merritt 7, 4th Floor 06851
- Phone
- (203) 222-7170
- Website
- www.terex.com
- Employees
- 10,700, Dec 31, 2025
- Industry
- Industrial Trucks, Tractors, Trailors & Stackers
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Boston, MA
Stock & identifiers
- Ticker
- TEX
- Exchange
- NYSE
- IPO date
- Mar 19, 1980
- Shares outstanding
- 112M, Oct 27, 2026
- Public float
- $2.99B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jul 17, 2006; 5-for-4, May 25, 1990
- SEC CIK
- 97216
- CUSIP
- 880779103
- ISIN
- US8807791038
- FIGI
- BBG000C7B436
- Share class FIGI
- BBG001S6PZQ0
- LEI
- YAWJZJYEQ7M1SYMOS462
- EIN
- 34-1531521
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Simon Meester | President and CEO, Director | 328,370 |
| Jennifer Kong-Picarello | Senior Vice President, CFO | 88,029 |
| Patrick S. Carroll | Pres., Environmental Solutions | 102,687 |
| Kieran Hegarty | President, Materials Processin | 171,517 |
| Amy George | Senior V.P. Human Resources | 98,013 |
| Namita Jindal | SVP CHIEF DIGITAL & AI OFFICER | 43,595 |
| Stephen Johnston | Former VP CAO and Controller | 15,155 |
| Joshua Gross | President - Aerials | 48,706 |
| John Lee Dreasher | SVP CHIEF HR OFFICER | 54,826 |
| Scott Posner | Senior V.P., Gen Counsel Sec. | 84,418 |
| Joseph LaDue | VP CAO AND CONTROLLER | 20,516 |
| Michael Edward Virnig | President, Specialty Vehicles | 71,994 |
| Maureen Oconnell | Director | 18,235 |
| Sandra O'Connor | Director | 47,264 |
| David C. Dauch | Director | 8,334 |
| David A. Sachs | Director | 425,390 |
| Srikanth Padmanabhan | Director | 6,641 |
| Oluseun Salami | Director | 16,740 |
| Kathleen M. Steele | Director | 16,287 |
| John Canan | Director | 0 |
| Charles Dutil | Director | 46,754 |
| Andra Rush | Director | 25,428 |
| Christopher Rossi | Director | 29,456 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $7.29M | $9.55M | $2.39M | $163 | $160 |
| FY2024 | $6.62M | $4.05M | $2.02M | $139 | $147 |
| FY2023 | $10.21M | $21.65M | $3.01M | $171 | $132 |
| FY2022 | $9.78M | $10.49M | $2.16M | $125 | $105 |
| FY2021 | $9.54M | $15.78M | $2.43M | $127 | $123 |
| FY2020 | $7.44M | $9.35M | $1.80M | $118 | $115 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Simon Meester President and Chief Executive Officer | $961.54K | $0 | $5.20M | $840.61K | $289.53K | $7.29M | +10% |
| Jennifer Kong-Picarello Senior Vice President, Chief Financial Officer | $575.00K | $500.00K | $2.72M | $336.65K | $374.59K | $4.51M | – |
| Julie Beck Former Senior Vice President and Chief Financial Officer | $205.99K | $0 | $0 | $0 | $710.42K | $916.42K | -64% |
| Scott Posner Senior Vice President, General Counsel and Secretary | $559.18K | $0 | $1.22M | $318.67K | $136.00K | $2.23M | +20% |
| Kieran Hegarty President, Materials Processing | $563.91K | $0 | $1.27M | $254.46K | $121.37K | $2.21M | +1% |
| Patrick Carroll President, Environmental Solutions | $480.00K | $0 | $1.12M | $413.68K | $67.96K | $2.08M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 10,700 team members, including approximately 5,700 team members in the U.S.”
Corporate history
Events identified from SEC filings
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