Terex Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Simon Meester
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 21.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$465m |
| Jun 30 2024 | n/a | n/a | US$496m |
| Mar 31 2024 | n/a | n/a | US$515m |
| Dec 31 2023 | US$3m | US$540k | US$517m |
| Sep 30 2023 | n/a | n/a | US$481m |
| Jun 30 2023 | n/a | n/a | US$444m |
| Mar 31 2023 | n/a | n/a | US$358m |
| Dec 31 2022 | US$2m | US$511k | US$300m |
Compensation vs Market: Simon's total compensation ($USD2.52M) is above average for companies of similar size in the German market ($USD1.91M).
Compensation vs Earnings: Simon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Simon Meester (54 yo)
less than a year
Tenure
US$2,521,864
Compensation
Mr. Simon A. Meester is CEO, President & Director at Terex Corporation since January 1, 2024. Mr. Meester is President of Aerial Work Platforms at Terex Corporation since May 2023. He was President of Geni...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.52m | 0.19% € 5.7m | |
| Senior VP & CFO | 3yrs | US$3.14m | 0.14% € 4.2m | |
| Senior VP | 12.8yrs | US$2.18m | 0.086% € 2.6m | |
| President of Terex Materials Processing | 14.8yrs | US$4.21m | 0.27% € 8.1m | |
| Chief Accounting Officer | 4.2yrs | no data | 0.022% € 651.8k | |
| Senior VP | 17yrs | no data | no data | |
| Senior Vice President of Corporate Development | less than a year | no data | no data | |
| Senior VP of Human Resources & Chief Human Resources Officer | 5.1yrs | US$1.61m | 0.14% € 4.1m | |
| Chief Risk Officer of Finance | 11.2yrs | no data | no data | |
| President of Genie | less than a year | no data | 0.032% € 957.3k | |
| Senior VP & Chief Digital Officer | no data | no data | no data | |
| President of Terex Financial Services | 8.9yrs | no data | no data |
5.1yrs
Average Tenure
55yo
Average Age
Experienced Management: TXG's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.52m | 0.19% € 5.7m | |
| Independent Director | 26yrs | US$305.00k | 0.27% € 8.2m | |
| Director Emeritus | 8.1yrs | US$242.50k | no data | |
| Non-Executive Independent Chairman | 33yrs | US$283.50k | 0.64% € 19.1m | |
| Independent Director | 20.6yrs | US$305.00k | 0.048% € 1.4m | |
| Independent Director | 7.4yrs | US$260.00k | 0.033% € 980.8k | |
| Independent Director | 4yrs | US$280.00k | 0.035% € 1.0m | |
| Independent Director | 1.4yrs | US$193.15k | 0.010% € 309.4k | |
| Independent Director | 4.8yrs | US$260.00k | 0.055% € 1.6m |
7.4yrs
Average Tenure
62yo
Average Age
Experienced Board: TXG's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 07:34 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Terex Corporation is covered by 40 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristine Kubacki | Avondale Partners |
| Mircea Dobre | Baird |
| Andrew Kaplowitz | Barclays |