Terex Management
Management criteria checks 3/4
Terex's CEO is Simon Meester, appointed in Jan 2024, has a tenure of 1.08 years. total yearly compensation is $2.52M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €5.91M. The average tenure of the management team and the board of directors is 4.3 years and 7.5 years respectively.
Key information
Simon Meester
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 21.4% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$335m |
| 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 about average for companies of similar size in the German market ($USD2.07M).
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)
1.1yrs
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 | 1.1yrs | US$2.52m | 0.19% € 5.9m | |
| Senior VP | 12.8yrs | US$2.18m | 0.086% € 2.6m | |
| President of Terex Materials Processing | 14.9yrs | US$4.21m | 0.27% € 8.4m | |
| Executive Officer | no data | US$3.14m | 0.14% € 4.4m | |
| Senior VP & CFO | no data | no data | no data | |
| Chief Accounting Officer | 4.3yrs | no data | 0.022% € 674.9k | |
| Senior VP | 17.1yrs | 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 | 5.2yrs | US$1.61m | 0.14% € 4.3m | |
| Chief Risk Officer of Finance | 11.3yrs | no data | no data | |
| President of Genie | 1.1yrs | no data | 0.032% € 991.3k | |
| Senior VP & Chief Digital Officer | no data | no data | no data |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Management: TXG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.1yrs | US$2.52m | 0.19% € 5.9m | |
| Independent Director | 26.1yrs | US$305.00k | 0.27% € 8.5m | |
| Director Emeritus | 8.2yrs | US$242.50k | no data | |
| Non-Executive Independent Chairman | 33.1yrs | US$283.50k | 0.64% € 19.8m | |
| Independent Director | 20.7yrs | US$305.00k | 0.048% € 1.5m | |
| Independent Director | 7.5yrs | US$260.00k | 0.033% € 1.0m | |
| Independent Director | 4.1yrs | US$280.00k | 0.035% € 1.1m | |
| Independent Director | 1.5yrs | US$193.15k | 0.010% € 320.3k | |
| Independent Director | 4.9yrs | US$260.00k | 0.055% € 1.7m |
7.5yrs
Average Tenure
62yo
Average Age
Experienced Board: TXG's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 13:36 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Terex Corporation is covered by 38 analysts. 9 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 |