Terex Management
Management criteria checks 3/4
Terex's CEO is Simon Meester, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $2.52M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $8.17M. The average tenure of the management team and the board of directors is 3.5 years and 7.1 years respectively.
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 | 3.5yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
A Look At The Intrinsic Value Of Terex Corporation (NYSE:TEX)
May 02
Terex: The Market Has Missed This Wonderful Company
Apr 26These 4 Measures Indicate That Terex (NYSE:TEX) Is Using Debt Reasonably Well
Apr 20Terex Corporation's (NYSE:TEX) Low P/E No Reason For Excitement
Apr 08Should You Investigate Terex Corporation (NYSE:TEX) At US$61.79?
Mar 22Here's Why We Think Terex (NYSE:TEX) Might Deserve Your Attention Today
Mar 08Terex: A Worldwide Leader Being Pushed By Strong Tailwinds, Is It An Opportunity Or A Value Trap?
Feb 12Terex Corporation's (NYSE:TEX) Intrinsic Value Is Potentially 37% Above Its Share Price
Jan 30Why We Like The Returns At Terex (NYSE:TEX)
Jan 18Terex Corporation: A Winner In Multiple Aspects
Jan 02Lacklustre Performance Is Driving Terex Corporation's (NYSE:TEX) Low P/E
Jan 02Is There Now An Opportunity In Terex Corporation (NYSE:TEX)?
Dec 15Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Dec 03Terex Corporation: Impressive Q3 2023 Performance And Positive Outlook Ahead (Ratings Upgrade)
Nov 01Are Investors Undervaluing Terex Corporation (NYSE:TEX) By 48%?
Oct 30Under The Bonnet, Terex's (NYSE:TEX) Returns Look Impressive
Oct 17Terex: The Best Conditions Of The Last Decade May Continue Into 2024
Oct 11We Ran A Stock Scan For Earnings Growth And Terex (NYSE:TEX) Passed With Ease
Sep 21Terex Corporation: Rating Downgrade As Share Price Has Reached My Target Price
Sep 07Is Now An Opportune Moment To Examine Terex Corporation (NYSE:TEX)?
Sep 03Terex Corporation: A Strong Q2 Performance Fuels Growth Prospects
Aug 04Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Jul 30Terex (NYSE:TEX) Is Very Good At Capital Allocation
Jul 17A Look At The Fair Value Of Terex Corporation (NYSE:TEX)
Jul 05We Ran A Stock Scan For Earnings Growth And Terex (NYSE:TEX) Passed With Ease
Jun 01Terex: Upgraded To Buy Rating As Valuation Has Corrected
May 29What Does Terex Corporation's (NYSE:TEX) Share Price Indicate?
May 05Terex (NYSE:TEX) Seems To Use Debt Quite Sensibly
Apr 21Why We Like The Returns At Terex (NYSE:TEX)
Apr 08Estimating The Intrinsic Value Of Terex Corporation (NYSE:TEX)
Mar 27Here's Why Terex (NYSE:TEX) Has Caught The Eye Of Investors
Mar 03Terex Enters 2023 With Strong Momentum, But Mind Some Of The Risks
Feb 19Terex (NYSE:TEX) Is Increasing Its Dividend To $0.15
Feb 12Terex raises dividend by 15% to $0.15/share
Feb 09Is It Time To Consider Buying Terex Corporation (NYSE:TEX)?
Feb 01Is Terex (NYSE:TEX) A Risky Investment?
Jan 08Is There An Opportunity With Terex Corporation's (NYSE:TEX) 39% Undervaluation?
Dec 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.
CEO
Simon Meester (53 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 | 0.20% $ 8.2m | |
| Senior VP & CFO | 2.3yrs | US$3.14m | 0.14% $ 5.6m | |
| Senior VP | 12.1yrs | US$2.18m | 0.11% $ 4.2m | |
| President of Terex Materials Processing | 14.2yrs | US$4.21m | 0.30% $ 11.9m | |
| Consultant | less than a year | US$10.21m | 0.47% $ 18.7m | |
| Chief Accounting Officer | 3.5yrs | no data | 0.027% $ 1.1m | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP | 16.3yrs | 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 | 4.4yrs | US$1.61m | 0.15% $ 6.2m | |
| Chief Risk Officer of Finance | 10.5yrs | no data | no data | |
| President of Genie | less than a year | no data | 0.032% $ 1.3m |
3.5yrs
Average Tenure
55yo
Average Age
Experienced Management: TEX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.52m | 0.20% $ 8.2m | |
| Independent Director | 25.3yrs | US$305.00k | 0.27% $ 10.9m | |
| Independent Director | 16yrs | US$260.00k | 0.084% $ 3.4m | |
| Director Emeritus | 7.4yrs | US$242.50k | no data | |
| Non-Executive Independent Chairman | 32.3yrs | US$283.50k | 0.62% $ 24.6m | |
| Independent Director | 19.9yrs | US$305.00k | 0.048% $ 1.9m | |
| Independent Director | 6.8yrs | US$260.00k | 0.029% $ 1.2m | |
| Independent Director | 3.3yrs | US$280.00k | 0.029% $ 1.2m | |
| Independent Director | less than a year | US$193.15k | 0.0044% $ 177.2k | |
| Independent Director | 4.2yrs | US$260.00k | 0.048% $ 1.9m |
7.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TEX's board of directors are considered experienced (7.1 years average tenure).