secwatch.observer — SEC 8-K summary
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Issuer:     TEREX CORP (TEX)
CIK:        0000097216
Form:       8-K
Filed at:   2021-10-12T23:59:59+00:00
Accession:  0000097216-21-000267
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97216/000009721621000267/0000097216-21-000267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97216/000009721621000267/tex-20211008.htm
  HTML page:      https://secwatch.observer/filing/0000097216-21-000267

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