8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) June 8, 2020

TEREX CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware	1-10702	34-1531521
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

200 Nyala Farm Road	Westport	Connecticut	06880
(Address of Principal Executive Offices)			(Zip Code)

Registrant's telephone number, including area code (203) 222-7170

NOT APPLICABLE

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock ($0.01 par value)	TEX	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company	☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.	☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Terex Corporation (the “Company”) announced on June 8, 2020 that Matthew Fearon, President, Terex Aerial Work Platforms will be leaving the Company effective August 1, 2020. A copy of the press release announcing Mr. Fearon’s departure is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)____    Exhibits

99.1	Press release of Terex Corporation issued on June 8, 2020
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 9, 2020

TEREX CORPORATION

By: /s/ Scott J. Posner

Scott J. Posner

Senior Vice President, Secretary and General Counsel

- 2 -

EX-99.1

NEWS RELEASE    

Terex Announces Leadership Change in AWP Business Segment

6/8/2020

WESTPORT, Conn., June 8, 2020 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced that John L. Garrison, Jr., Chairman and CEO of Terex Corporation, will take on additional responsibilities as President, Terex Aerial Work Platforms (AWP), effective immediately. Matt Fearon, the current AWP President, is leaving the Company August 1 after 25 years with Terex, AWP and Genie, AWP's flagship brand. Simon A. Meester, Vice President, Global Sales and Marketing Administration for AWP, will be promoted to Chief Operating Offcer, Terex Aerials. Mr. Meester and Clint Weber, General Manager of Terex Utilities, the Company's other business in the AWP segment, will both report directly to Mr. Garrison in his role as President, Terex AWP. The Terex Executive Leadership Team will continue to report to Mr. Garrison in his role as Chairman and CEO of Terex Corporation.

"We thank Matt Fearon for his many contributions to Terex," Mr. Garrison said. "Matt has been a dynamic and much-admired leader who helped Genie grow from a regional brand to a global powerhouse. He arrived as an engineer 25 years ago and went on to key roles including VP Operations, VP and Managing Director of EMEAR, VP and General Manager, Americas, and ultimately President of AWP."

Mr. Meester joined Terex in 2018 from Eaton Corporation, where he was VP and General Manager of the Industrial Control Division. Earlier, he spent 14 years in progressively senior roles at Caterpillar, Inc., before becoming President, Sandvik Mining and Construction in India. He has managed global teams and operations for 20 years, based in seven countries, including eight years in the United States. He holds an MBA from the University of Surrey, England and a Bachelor of Science in Automotive Engineering, Apeldoorn, Netherlands.

"I look forward to working closely with Simon and Clint, and their terrific teams at Genie and Utilities," Mr. Garrison said. "We congratulate Simon on his expanded responsibilities, and we send best wishes to Matt for continued

great success in the years ahead."

About Terex:

Terex 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. Terex'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 (http://www.terex.com) to make information available to its investors and the market.

Contact Information:

Terex Corporation

Randy Wilson

Director, Investor Relations

(203) 221-5415

randy.wilson@terex.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/terex-announces- leadership-change-in-awp-business-segment-301072165.html

SOURCE Terex Corporation

XML

Cover Page	Jun. 08, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jun. 08, 2020
Entity Registrant Name	TEREX CORP
Entity Central Index Key	0000097216
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity File Number	1-10702
Entity Tax Identification Number	34-1531521
Entity Address, Address Line One	200 Nyala Farm Road
Entity Address, City or Town	Westport
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06880
City Area Code	203
Local Phone Number	222-7170
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock ($0.01 par value)
Trading Symbol	TEX
Security Exchange Name	NYSE
Entity Emerging Growth Company	false