Terex Corporation

NYSE:TEX Stock Report

Market Cap: US$7.7b

Terex Management

Management criteria checks 2/4

Terex's CEO is Simon Meester, appointed in Jan 2024, has a tenure of 2.08 years. total yearly compensation is $6.62M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth $7.03M. The average tenure of the management team and the board of directors is 2.1 years and 1.1 years respectively.

Key information

Simon Meester

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage13.87%
CEO tenure2.1yrs
CEO ownership0.09%
Management average tenure2.1yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Terex Corporation's (NYSE:TEX) Prospects As Shares Rocket 26%

Dec 23
Investors Appear Satisfied With Terex Corporation's (NYSE:TEX) Prospects As Shares Rocket 26%

Terex Corporation's (NYSE:TEX) Intrinsic Value Is Potentially 96% Above Its Share Price

Dec 01
Terex Corporation's (NYSE:TEX) Intrinsic Value Is Potentially 96% Above Its Share Price

Terex (NYSE:TEX) Has Announced A Dividend Of $0.17

Oct 30
Terex (NYSE:TEX) Has Announced A Dividend Of $0.17

Terex: Shifting To Hold, As I Stay On The Sidelines

Aug 05

Terex (NYSE:TEX) Is Due To Pay A Dividend Of $0.17

Jul 31
Terex (NYSE:TEX) Is Due To Pay A Dividend Of $0.17

Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?

Jul 20
Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Terex Corporation (NYSE:TEX)?

Jul 04
Is It Time To Consider Buying Terex Corporation (NYSE:TEX)?

Is There An Opportunity With Terex Corporation's (NYSE:TEX) 32% Undervaluation?

Jun 19
Is There An Opportunity With Terex Corporation's (NYSE:TEX) 32% Undervaluation?

Terex Corporation (NYSE:TEX) Stock Rockets 28% But Many Are Still Ignoring The Company

May 13
Terex Corporation (NYSE:TEX) Stock Rockets 28% But Many Are Still Ignoring The Company

Terex (NYSE:TEX) Has A Somewhat Strained Balance Sheet

Apr 11
Terex (NYSE:TEX) Has A Somewhat Strained Balance Sheet

Terex Corporation's (NYSE:TEX) Price Is Right But Growth Is Lacking

Mar 12
Terex Corporation's (NYSE:TEX) Price Is Right But Growth Is Lacking

Terex: Maintaining Neutral Stance Due To Short-Term Uncertainty

Mar 06

Terex Corporation: Softness At The Worst Time

Dec 16

Terex: Still A Buy Even If The ESG Acquisition Lowers Its Intrinsic Value (Valuation Update)

Sep 30

CEO Compensation Analysis

How has Simon Meester's remuneration changed compared to Terex's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

US$221m

Sep 30 2025n/an/a

US$156m

Jun 30 2025n/an/a

US$179m

Mar 31 2025n/an/a

US$247m

Dec 31 2024US$7mUS$918k

US$335m

Sep 30 2024n/an/a

US$465m

Jun 30 2024n/an/a

US$496m

Mar 31 2024n/an/a

US$516m

Dec 31 2023US$3mUS$540k

US$517m

Sep 30 2023n/an/a

US$481m

Jun 30 2023n/an/a

US$444m

Mar 31 2023n/an/a

US$358m

Dec 31 2022US$2mUS$511k

US$300m

Compensation vs Market: Simon's total compensation ($USD6.62M) is about average for companies of similar size in the US market ($USD7.60M).

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)

2.1yrs
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

NamePositionTenureCompensationOwnership
Simon Meester
President2.1yrsUS$6.62m0.091%
$ 7.0m
Scott Posner
Senior VP13.8yrsUS$1.87m0.035%
$ 2.7m
Kieran Hegarty
President of Terex Materials Processing15.9yrsUS$2.19m0.15%
$ 11.7m
Joshua Gross
President of Aerials2.1yrsUS$1.45m0.011%
$ 859.9k
Jennifer Kong-Picarello
Senior VP & CFO1yrno datano data
Stephen Johnston
Chief Accounting Officer5.3yrsno data0.011%
$ 862.3k
Derek Everitt
Vice President of Investor Relationsno datano datano data
R. Cox
Senior Vice President of Corporate Development1.8yrsno datano data
Amy George
Senior VP & Chief Human Resources Officer6.2yrsUS$1.61m0.075%
$ 5.7m
Ramon Oliu
Chief Risk Officer of Finance12.3yrsno datano data
Patrick Carroll
President of Environmental Solutions1.1yrsno data0.015%
$ 1.2m
Kevin Trimmer
Senior Vice President of Terex Operating System1.4yrsno datano data
2.1yrs
Average Tenure
54yo
Average Age

Experienced Management: TEX's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Meester
President2.1yrsUS$6.62m0.091%
$ 7.0m
Donald DeFosset
Independent Director27.1yrsUS$225.00k0.16%
$ 12.5m
David Dauch
Independent Directorless than a yearno data0.0034%
$ 261.5k
Maureen O'Connell
Independent Directorno datano datano data
David Sachs
Non-Executive Independent Chairman34.1yrsUS$498.54k0.38%
$ 29.4m
Charles Dutil
Independent Directorno datano data0.039%
$ 3.0m
Andra Rush
Independent Director8.5yrsUS$260.00k0.022%
$ 1.7m
Jean-Marie Canan
Independent Directorno datano data0.055%
$ 4.2m
Srikanth Padmanabhan
Independent Directorless than a yearno data0.0025%
$ 193.8k
Kathleen Steele
Independent Directorno datano data0.0075%
$ 578.4k
Oluseun Salami
Independent Director2.5yrsUS$260.00k0.011%
$ 864.6k
Sandra O'Connor
Independent Director5.9yrsUS$279.82k0.038%
$ 2.9m
1.1yrs
Average Tenure
60yo
Average Age

Experienced Board: TEX's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/24 19:37
End of Day Share Price 2026/02/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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 Github.

Analyst Sources

Terex Corporation is covered by 34 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.

AnalystInstitution
Mircea DobreBaird
Adam SeidenBarclays
Andrew KaplowitzBarclays