Terex CFO John Sheehan to retire; Julie Beck named successor effective Jan 1, 2022

TEREX CORP

John Sheehan will step down as CFO on Dec 31, 2021 and retire from Terex on Apr 1, 2022.
Julie Beck, previously CFO of Nova Chemicals, joins Nov 1 as SVP Finance, becomes CFO Jan 1, 2022.
Beck's compensation: $575k base salary, 75% target bonus, $200k sign-on equity (3-yr vest), $1.2M 2022 LTI.
Beck brings 30 years of finance experience, manufacturing background, CPA, and BBA from UW-Madison.

item 5.02 item 9.01

Executive movements

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Departed

John D. Sheehan

Senior Vice President and Chief Financial Officer

TEX · TEREX CORP

Effective: 2021-12-31
Successor: Julie A. Beck
Filed: October 12, 2021, 7:59 PM ET

John D. Sheehan, currently Senior Vice President and Chief Financial Officer, will be stepping down from that role effective December 31, 2021 and is retiring from the Company effective April 1, 2022.

Appointed

Julie A. Beck

Senior Vice President and Chief Financial Officer

TEX · TEREX CORP

Effective: 2022-01-01
Filed: October 12, 2021, 7:59 PM ET

Julie A. Beck, 59, will join Terex as Senior Vice President, Finance effective November 1, 2021 and become Senior Vice President and Chief Financial Officer effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John D. Sheehan departed as Senior Vice President and Chief Financial Officer at TEREX CORP.

Action: stepping down
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

John D. Sheehan, currently Senior Vice President and Chief Financial Officer, will be stepping down from that role effective December 31, 2021 and is retiring from the Company effective April 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Julie A. Beck was appointed as Senior Vice President and Chief Financial Officer at TEREX CORP.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Julie A. Beck, 59, will join Terex as Senior Vice President, Finance effective November 1, 2021 and become Senior Vice President and Chief Financial Officer effective January 1, 2022.

View on SEC.gov

TEREX CORP filing history →

Source: SEC EDGAR

accession 0000097216-21-000267

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