Terex names Jennifer Kong-Picarello as CFO, succeeding Julie Beck; Beck to depart April 2025

TEREX CORP

Beck steps down as CFO after 2024 10-K filing; will leave company April 1, 2025.
Kong-Picarello joins Feb 3, 2025 as SVP Finance, becomes CFO after 10-K filing.
She was CFO of Schneider Electric's Energy Management (€28B segment); also Honeywell Intelligrated CFO.
Compensation: base salary $650k, target bonus 75%, sign-on bonus $500k, sign-on equity ~$1.15M (3yr vest).
Eligible for 2025 LTI award of $1.4M and change-in-control severance agreement.

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