Company Announcements

Simon A. Meester Named President of Genie

NORWALK, Conn., July 28, 2021 /PRNewswire/ -- John L. Garrison, Jr., Chairman, President and Chief Executive Officer of Terex Corporation (NYSE:TEX), announced today that Simon A. Meester has been appointed President of Genie, effective August 1, 2021. Meester will continue to report to Garrison and join the Company's Executive Leadership Team.

Meester currently serves as Chief Operating Officer of Genie. Meester joined Genie in 2018 from Eaton Corporation, where he was Vice President and General Manager of the Industrial Control Division. Previously, he held senior roles at Caterpillar and Sandvik. Meester will continue to be based in Genie's Redmond, Wash., headquarters.

"Simon's leadership has kept Genie team members safe during the pandemic, while leading key strategic initiatives to deliver quality and value for our customers," Garrison said. "He is a proven leader with a deep understanding of the business, our customers' needs, and how to drive growth. I am confident that he is the right person to lead Genie forward."

Meester commented, "Genie has committed team members, strong customer relationships, and a passion to innovate and grow the business. I am honored to lead Genie and build on our momentum as we continue to position Genie for the future."

About Terex
Terex Corporation is a global manufacturer of aerial work platforms and materials processing machinery. The Company designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. The Company's products are manufactured in North and South America, Europe, Australia, and Asia and sold worldwide. The Company engages with customers through all stages of the product life cycle, from initial specification and financing to parts and service support. Terex uses its website (www.terex.com) to make information available to its investors.

Contact Information
Terex Corporation
Randy Wilson
Director, Investor Relations
203-221-5415

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SOURCE Terex Corporation

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