Terex Names John L. Garrison Jr. New Chief Executive Officer

Terex Corp. named John L. Garrison Jr. chief executive officer and president effective Nov. 2, 2015. He will also become a member of the Terex board of directors effective Nov. 2, 2015. Garrison will succeed outgoing CEO Ronald M. DeFeo, who will continue to serve as executive chairman of the company through Dec. 31, 2015. DeFeo will continue as a consultant…

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Ron DeFeo

Ron DeFeo, chairman and chief executive officer of Terex Corp. is the sole recipient of the American Road & Transportation Builders Association’s (ARTBA) highest honor – the 2014 “ARTBA Award.” It was presented at an April 14 luncheon during the association’s Federal Issues Program in Washington, D.C. For that, Ron DeFeo is a Rock Star. Established in 1960, the “ARTBA Award” recognizes individuals for…

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Terex Reports Higher Net Sales in Second Quarter

Terex Corp. announced income from continuing operations of $87.8 million, or $0.76 per share, for the second quarter of 2014. This compared to income from continuing operations of $20.4 million, or $0.17 per share, for the second quarter of 2013. Excluding the impact of certain items totaling $54.4 million, or $0.47 per share, income from continuing operations as adjusted in…

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