WESTPORT, Conn.--(BUSINESS WIRE)--Jan. 5, 2006--Terex Corporation
(NYSE: TEX) announced today that, effective January 3, 2006, Kevin
Barr has been named Senior Vice President, Human Resources of Terex
Corporation. Mr. Barr previously had been Vice President, Human
Resources of Terex. Mr. Barr joined Terex as the Company's top Human
Resources officer in September 2000.
"Since joining the Company, Kevin has led dramatic changes to the
HR process and helped establish the value of this function as a
foundation of the Terex Business System," commented Ronald M. DeFeo,
Terex's Chairman and Chief Executive Officer. "Under Kevin's
leadership, we have re-invented the entire HR activity, including
establishing many new development and control processes. We still have
a lot of work to do, but HR now has an equal seat at the table with
our other business functions. We all realize that our future depends
on the quality of the people in this organization and our commitment
to helping every person realize their full potential," added Mr.
DeFeo.
Prior to joining the Company, Mr. Barr served as Vice
President-Human Resources at DBT Online since 1998. From 1995 to 1998,
Mr. Barr was at Nabisco, Inc. as Vice President-Human Resources,
Asia/Pacific. Prior to that, Mr. Barr served as Vice President-Human
Resources, Asia/Pacific and Latin America with Dun and Bradstreet
Corporation from 1990 to 1995, and in various human resources
executive positions at the Chase Manhattan Bank, N.A. from 1981 to
1990.
Terex Corporation is a diversified global manufacturer with 2004
net sales of approximately $5 billion. Terex operates in five business
segments: Terex Construction, Terex Cranes, Terex Aerial Work
Platforms, Terex Materials Processing & Mining, and Terex
Roadbuilding, Utility Products and Other. Terex manufactures a broad
range of equipment for use in various industries, including the
construction, infrastructure, quarrying, recycling, surface mining,
shipping, transportation, refining, utility and maintenance
industries. Terex offers a complete line of financial products and
services to assist in the acquisition of Terex equipment through Terex
Financial Services. More information on Terex can be found at
www.terex.com.
CONTACT: Terex Corporation
Tom Gelston, 203-222-5943
SOURCE: Terex Corporation