John Garrison, president and chief executive of Terex, has also become chairman of the board at the US company.
He succeeds David Sachs who has been non-executive chairman since January 2016. Sachs now becomes lead director, a role which he has held previously.
Sachs commented on the appointment of his successor: “John’s strong track record as CEO of Terex, coupled with his experience sitting on the Terex board, leaves me confident that the role of chairman will be in good hands."
Garrison added: “I appreciate the board’s support and confidence and I look forward to leading Terex on our mission to provide solutions to our machinery and industrial product customers that yield superior productivity and return on investment."
Terex provides equipment and solutions to a range of industries including quarrying, mining, construction, infrastructure, manufacturing, shipping, transportation, refining, energy and utilities. Its major brands include Terex, Genie, Powerscreen and Demag.
