---
schema_version: "secwatch.filing_event.v1"
accession: "0000097216-24-000162"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T21:30:04.694746+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000097216-24-000162
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000009721624000162/0000097216-24-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000009721624000162/tex-20241118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097216-24-000162
- JSON: https://secwatch.observer/filing/0000097216-24-000162.json
- Plain text: https://secwatch.observer/filing/0000097216-24-000162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
