Terex CEO John Garrison Elected Chairman

Terex Corp. announced that John Garrison, Terex’s president and CEO, will also assume the position of chairman of the board effective immediately.
Aug. 17, 2018
2 min read

Terex Corp. announced that John Garrison, Terex’s president and CEO, will also assume the position of chairman of the board effective immediately. Garrison succeeds David Sachs who has been non-executive chairman since January 2016 and was previously lead director since May 2013. With the appointment of Garrison as chairman, Sachs will again assume the role of lead director.

“I would like to congratulate John on his election to serve in the additional capacity of chairman of the board,” said Sachs. “Under his leadership, management has taken significant steps to better position Terex for the future while executing the company’s Focus, Simplify and Execute to Win strategy and I am convinced that the best is yet to come for John and the Terex team. 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.”

“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,” said Garrison. 

Garrison was named Terex’s new CEO in October 2015, replacing retiring Ron DeFeo, who served as Terex CEO and chairman for 23 years. Garrison previously held executive positions at Textron, Azuris Corp. and Case Corp.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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