Terex Management
Management criteria checks 2/4
Terex's CEO is Simon Meester, appointed in Jan 2024, has a tenure of 1.33 years. total yearly compensation is $6.62M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €3.63M. The average tenure of the management team and the board of directors is 2.9 years and 7.8 years respectively.
Key information
Simon Meester
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 13.9% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.9yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$247m |
| Dec 31 2024 | US$7m | US$918k | US$335m |
| Sep 30 2024 | n/a | n/a | US$466m |
| Jun 30 2024 | n/a | n/a | US$497m |
| Mar 31 2024 | n/a | n/a | US$516m |
| 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$300m |
Compensation vs Market: Simon's total compensation ($USD6.62M) is above average for companies of similar size in the German market ($USD2.26M).
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)
1.3yrs
Tenure
US$6,619,371
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 | 1.3yrs | US$6.62m | 0.16% € 3.6m | |
| Senior VP | 13.1yrs | US$1.87m | 0.069% € 1.6m | |
| President of Terex Materials Processing | 15.2yrs | US$2.19m | 0.29% € 6.7m | |
| President of Aerials | 1.3yrs | US$1.45m | 0.028% € 631.9k | |
| Senior VP & CFO | less than a year | no data | no data | |
| Chief Accounting Officer | 4.5yrs | no data | 0.019% € 445.4k | |
| Senior Vice President of Corporate Development | 1.1yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 5.4yrs | US$1.61m | 0.13% € 3.0m | |
| Chief Risk Officer of Finance | 11.5yrs | no data | no data | |
| President of Environmental Solutions | less than a year | no data | no data | |
| Senior Vice President of Terex Operating System | no data | no data | no data | |
| Senior VP & Chief Digital Officer | no data | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: TXG's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$6.62m | 0.16% € 3.6m | |
| Independent Director | 26.3yrs | US$225.00k | 0.28% € 6.5m | |
| Director Emeritus | 8.4yrs | US$242.50k | no data | |
| Non-Executive Independent Chairman | 33.3yrs | US$498.54k | 0.65% € 15.0m | |
| Independent Director | 20.9yrs | US$285.00k | 0.050% € 1.1m | |
| Independent Director | 7.8yrs | US$260.00k | 0.036% € 814.1k | |
| Independent Director | 4.3yrs | US$260.00k | 0.036% € 824.6k | |
| Independent Director | 1.8yrs | US$260.00k | 0.011% € 244.7k | |
| Independent Director | 5.2yrs | US$279.82k | 0.056% € 1.3m |
7.8yrs
Average Tenure
62yo
Average Age
Experienced Board: TXG's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 05:51 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2025/03/31 |
| 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 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 |