{"id":7951,"date":"2016-10-25T22:05:51","date_gmt":"2016-10-25T22:05:51","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=7951"},"modified":"2016-10-25T22:05:51","modified_gmt":"2016-10-25T22:05:51","slug":"terex-corporation-announces-leadership-change-in-its-cranes-segment","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/terex-corporation-announces-leadership-change-in-its-cranes-segment\/","title":{"rendered":"Terex Corporation Announces Leadership Change in Its Cranes Segment"},"content":{"rendered":"<p><strong>WESTPORT, Conn<\/strong>. &#8211; Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc. Ken Lousberg, currently President, Terex Cranes, will be leaving the Company to pursue other opportunities.<\/p>\n<blockquote><p>\u201cWe thank Ken for his dedicated service and leadership over many years within the AWP segment, Terex China and his current position with Terex Cranes, and wish him the best in his future endeavors,\u201d remarked John L. Garrison, Jr., President and Chief Executive Officer. Commenting on the new assignment for Mr. Filipov, Mr. Garrison added, \u201cSteve is the right person to lead the turnaround efforts to improve our global cranes business. Steve started his career at Terex in the Company\u2019s crane business and served as President of Terex Cranes from 2004 to 2008. Steve\u2019s intimate knowledge of the Terex Cranes business, its products and, most importantly, its customers will put him in an excellent position to start immediately with the work of improving and growing our Cranes business. Steve has demonstrated strong leadership skills during his tenure with Terex and I am confident that in his new responsibility as President of Terex Cranes he will serve us and our customers well.\u201d<\/p><\/blockquote>\n<p>Mr. Garrison continued, \u201cIn addition, Kevin O\u2019Reilly, currently Vice President, Operational Finance, will assume the position of Group Vice President, Finance for the Cranes Segment assisting Steve with the Cranes turnaround. Mr. O\u2019Reilly has held a number of senior finance roles at Terex over many years including corporate controller, segment finance leader, business development and strategy, and investor relations. Kevin\u2019s strong operational finance experience and achievements make him the ideal choice to provide the financial leadership and support that Steve and the entire Cranes team need as they position Cranes for success.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WESTPORT, Conn. &#8211; Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc. Ken Lousberg, currently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,8],"tags":[1410,1482],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terex Corporation Announces Leadership Change in Its Cranes Segment - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/terex-corporation-announces-leadership-change-in-its-cranes-segment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terex Corporation Announces Leadership Change in Its Cranes Segment - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"WESTPORT, Conn. &#8211; Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc. 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