Terex name new chief financial officer

Jennifer Kong-Picarello to succeed Julie Beck as senior-vice president and CFO in February 2025

TEREX Corporation have announced that Jennifer Kong-Picarello will succeed Julie Beck as senior vice-president and chief financial officer and will become a member of the Terex executive leadership team.

Ms Kong-Picarello will join Terex on 3 February 2025 and assume her duties as chief financial officer (CFO) later in February, shortly after Terex files their 2024 Annual Report.

Ms Beck will remain in her current role until Ms Kong-Picarello assumes the duties of chief financial officer, and will then continue with the company until 1 April to assist with the transition.

Ms Kong-Picarello brings more than 20 years’ professional experience through finance leadership roles at Schneider Electric, Honeywell, and Tyco, as well as public accounting foundation at Deloitte.

Most recently she served as senior vice-president and CFO of Energy Management, a €28 billion segment with six global divisions within Schneider Electric. Previously, she was vice-president and CFO of Honeywell’s US$3 billion Intelligrated division in warehouse automation and material handling solutions.

Simon Meester, president and chief executive officer of Terex, said: ‘I am excited to welcome Jennifer to Terex and to our leadership team.

‘Jennifer is a highly accomplished finance professional with an impressive track record of driving positive results, with strong capabilities around finance business partnership in large, diverse, multinational companies across the energy, utilities, and manufacturing sectors. She is a hands-on leader who also brings growth/merger and acquisition exposure plus transformation experience in her prior roles.’

He added: ‘We thank Julie Beck for her dedicated service and leadership at Terex and wish her the best in her future endeavours.’