{"schema_version":"secwatch.filing_event.v1","accession":"0000097216-23-000223","form_type":"8-K","ticker":"TEX","cik":"0000097216","company_name":"TEREX CORP","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.495370+00:00","generated_at":"2026-06-07T11:36:40.210265+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Terex signs consulting agreement with retiring CEO Garrison for $540K over 6 months","bullets":["John L. Garrison Jr. retires as CEO Jan 1, 2024; consulting runs through June 30, 2024.","Consulting fee of $90K/month for 6 months, total $540K, paid monthly in arrears.","Services include business development, customer relationships, executive transition.","Agreement includes confidentiality, non-compete, and cooperation clauses.","Garrison was CEO for over 8 years and Chairman for over 5 years."],"urls":{"canonical":"https://secwatch.observer/filing/0000097216-23-000223","json":"https://secwatch.observer/filing/0000097216-23-000223.json","markdown":"https://secwatch.observer/filing/0000097216-23-000223.md","text":"https://secwatch.observer/filing/0000097216-23-000223.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000223/0000097216-23-000223-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000223/tex-20231214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:36:40.210265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70b05159e7","claim":"John L. Garrison, Jr. retired as Chairman and Chief Executive Officer at TEREX CORP.","evidence_excerpt":"John L. Garrison, Jr. the current Chairman and Chief Executive Officer of the Company would retire from the Company effective January 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000223/0000097216-23-000223-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chairman and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}