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Terex appoints next CFO

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World Coal,

Terex Corp. has selected John D. Sheehan to succeed Kevin Bradley as Senior Vice President and Chief Financial Officer (CFO). Sheehan will assume his duties as CFO of Terex on 27 February 2017. Kevin Bradley will remain in his current role until Sheehan assumes the duties of CFO. Bradley will then continue with the company until mid-March to assist with the transition after which time he will be leaving the Company to pursue other opportunities.

Sheehan most recently served as Executive Vice President and CFO of Mylan Inc., a global pharmaceutical company, from 2010 through 1 April 2016. Before joining Mylan, Sheehan worked in a variety of financial positions at Delphi Corp., a global supplier to the auto industry. During his last two years at Delphi he served as CFO. Additionally, Sheehan’s experience includes 20 years with KPMG LLP where he was an Audit Engagement Partner, including an assignment in Germany.

John L. Garrison, Jr, President and CEO, commented: “John is a seasoned financial executive whose career spans two large global companies in various financial positions, as well as public accounting experience. He is an experienced and proven executive dealing with the complexities of a large multinational, multi-location public company. His significant operational background and leadership qualities will fit very well here at Terex, and I am delighted to have the opportunity for John to join the Terex senior management team.”

Garrison continued: “We thank Kevin for his dedicated service and leadership at Terex over many years as President of Terex Financial Services, President of Terex Cranes and his current position as Chief Financial Officer, and wish him the best in his future endeavours.”

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