Terex Corporation name John D. Sheehan as CFO

Seasoned financial executive to succeed Kevin Bradley as senior vice-president and chief financial officer

TEREX Corp. have announced that John D. Sheehan is to succeed Kevin Bradley as senior vice-president and chief financial officer, with effect from 27 February 2017.

Mr Bradley will remain in his current role until Mr Sheehan assumes the duties of chief financial officer, after which he will continue with the company until mid-March, to assist with the transition, before leaving to pursue other opportunities.

Mr Sheehan most recently served as executive vice-president and chief financial officer of Mylan Inc., a global pharmaceutical firm, from 2010 until 1 April 2016.

Prior to joining Mylan he worked in a variety of financial positions at Delphi Corp., a global supplier to the auto industry. During his last two years at Delphi he served as chief financial officer.

Additionally, Mr Sheehan’s experience includes 20 years with KPMG LLP where he was an audit engagement partner, including an assignment in Germany.

John L. Garrison Jr., president and chief executive officer of Terex Corp., commented: ‘John is a seasoned financial executive whose career spans two large global companies in various financial positions, as well as public accounting experience.

‘He is an experienced and proven executive dealing with the complexities of a large multinational, multi-location public company.

‘His significant operational background and leadership qualities will fit very well here at Terex, and I am delighted to have the opportunity for John to join the Terex senior management team.’

Mr Garrison continued: ‘We thank Kevin for his dedicated service and leadership at Terex over many years as president of Terex Financial Services, president of Terex Cranes and his current position as chief financial officer, and wish him the best in his future endeavours.’