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Terex Names Jennifer Kong-Picarello Chief Financial Officer

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Terex (NYSE: TEX) has appointed Jennifer Kong-Picarello as its new Senior Vice President and Chief Financial Officer, effective February 3, 2025. Kong-Picarello will succeed Julie Beck and join the Terex Executive Leadership Team. She brings over 20 years of experience, most recently serving as SVP and CFO of Energy Management at Schneider Electric's €28B segment. Her previous roles include VP and CFO positions at Honeywell's Intelligrated division and various finance leadership positions at Tyco and Deloitte. Beck will assist with the transition until April 1 after Kong-Picarello assumes CFO duties following the filing of Terex's 2024 Annual Report.

Terex (NYSE: TEX) ha nominato Jennifer Kong-Picarello come nuova Senior Vice President e Chief Financial Officer, con effetto dal 3 febbraio 2025. Kong-Picarello succederà a Julie Beck e si unirà al Team di Leadership Esecutiva di Terex. Porta con sé oltre 20 anni di esperienza, avendo recentemente ricoperto il ruolo di SVP e CFO nella gestione dell'energia nel segmento da 28 miliardi di euro di Schneider Electric. Le sue precedenti posizioni includono ruoli di VP e CFO presso la divisione Intelligrated di Honeywell e varie posizioni di leadership finanziaria in Tyco e Deloitte. Beck assisterà nella transizione fino al 1° aprile, dopo che Kong-Picarello assumerà le funzioni di CFO a seguito della presentazione del Rapporto Annuale 2024 di Terex.

Terex (NYSE: TEX) ha nombrado a Jennifer Kong-Picarello como su nueva Senior Vice President y Chief Financial Officer, con fecha efectiva el 3 de febrero de 2025. Kong-Picarello sucederá a Julie Beck y se unirá al Equipo de Liderazgo Ejecutivo de Terex. Aporta más de 20 años de experiencia, habiendo sido recientemente SVP y CFO de Gestión de Energía en el segmento de 28 mil millones de euros de Schneider Electric. Sus cargos anteriores incluyen posiciones de VP y CFO en la división Intelligrated de Honeywell y diversos roles de liderazgo financiero en Tyco y Deloitte. Beck ayudará con la transición hasta el 1 de abril, después de que Kong-Picarello asuma las funciones de CFO tras la presentación del Informe Anual 2024 de Terex.

Terex (NYSE: TEX)는 제니퍼 콩-피카렐로를 새로운 수석 부사장 겸 최고 재무 책임자로 임명한다고 발표했습니다. 이 임명은 2025년 2월 3일부터 효력을 발생합니다. 콩-피카렐로는 줄리 벡을 이어 맡게 되며 테렉스 경영진 팀에 합류할 것입니다. 그녀는 최근 슈나이더 일렉트릭의 280억 유로 규모 에너지 관리 부문에서 SVP 및 CFO로 재직하며 20년 이상의 경력을 보유하고 있습니다. 이전에는 하니웰의 인텔리그레이트 부문에서 VP 및 CFO 역할을 맡았고, 타이코와 딜로이트에서도 다양한 재무 리더십 역할을 수행했습니다. 벡은 콩-피카렐로가 테렉스의 2024년 연차 보고서 제출 후 CFO 직무를 맡기까지 4월 1일까지 전환을 도울 것입니다.

Terex (NYSE: TEX) a nommé Jennifer Kong-Picarello comme nouvelle Senior Vice President et Chief Financial Officer, avec effet au 3 février 2025. Kong-Picarello succédera à Julie Beck et rejoindra l'Équipe de Direction Executif de Terex. Elle apporte plus de 20 ans d'expérience, ayant récemment occupé le poste de SVP et CFO de la Gestion de l'Énergie dans le segment de 28 milliards d'euros de Schneider Electric. Ses fonctions précédentes incluent des postes de VP et CFO dans la division Intelligrated de Honeywell et divers rôles de leadership financier chez Tyco et Deloitte. Beck assistera à la transition jusqu'au 1er avril, après que Kong-Picarello aura assumé ses fonctions de CFO suite à la présentation du Rapport Annuel 2024 de Terex.

Terex (NYSE: TEX) hat Jennifer Kong-Picarello als neue Senior Vice President und Chief Financial Officer ernannt, wirksam ab dem 3. Februar 2025. Kong-Picarello wird Julie Beck nachfolgen und dem Führungsteam von Terex beitreten. Sie bringt über 20 Jahre Erfahrung mit, zuletzt als SVP und CFO für Energiemanagement im 28 Milliarden Euro Segment von Schneider Electric. Zu ihren vorherigen Positionen gehören VP- und CFO-Rollen in der Intelligrated-Sparte von Honeywell sowie verschiedene Leitungspositionen im Finanzbereich bei Tyco und Deloitte. Beck wird bis zum 1. April bei der Übergabe unterstützen, nachdem Kong-Picarello die CFO-Pflichten nach der Einreichung des Jahresberichts 2024 von Terex übernommen hat.

Positive
  • Appointment of experienced CFO with over 20 years in finance leadership
  • New CFO brings significant experience managing large-scale operations (€28B segment at Schneider Electric)
  • Structured transition period planned with current CFO until April 1
Negative
  • None.

NORWALK, Conn., Nov. 21, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that Jennifer Kong-Picarello will succeed Julie Beck as Senior Vice President and Chief Financial Officer and become a member of the Terex Executive Leadership Team. Ms. Kong-Picarello will join Terex on February 3, 2025 and assume her duties as Chief Financial Officer of Terex later in February shortly after Terex files its 2024 Annual Report on Form 10-K. Ms. Beck will remain in her current role until Ms. Kong-Picarello assumes the duties of Chief Financial Officer. Ms. Beck will then continue with the Company until April 1 to assist with the transition.

Ms. Kong-Picarello most recently served as Senior Vice President, CFO of Energy Management, a €28B segment with six global divisions within Schneider Electric. Previously, she was Vice President, CFO of Honeywell's $3 billion Intelligrated division in warehouse automation and material handling solutions. She brings over 20 years of professional experience through finance leadership roles at Schneider Electric, Honeywell and Tyco as well as public accounting foundation at Deloitte.

"I am excited to welcome Jennifer to Terex and to our leadership team," said Simon Meester, President and Chief Executive Officer. "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/M&A exposure plus transformation experience in her prior roles."  Mr. Meester continued, "We thank Julie for her dedicated service and leadership at Terex and wish her the best in her future endeavors."

About Terex
Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide. For more information, please visit www.terex.com.

Contact Information
Derek Everitt
VP Investor Relations
Email: InvestorRelations@Terex.com

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SOURCE Terex Corporation

FAQ

When will Jennifer Kong-Picarello start as Terex (TEX) CFO?

Jennifer Kong-Picarello will join Terex on February 3, 2025, and assume CFO duties later in February after the company files its 2024 Annual Report.

Who is Jennifer Kong-Picarello replacing as CFO at Terex (TEX)?

Jennifer Kong-Picarello is replacing Julie Beck as Senior Vice President and Chief Financial Officer at Terex

What was Jennifer Kong-Picarello's previous position before joining Terex (TEX)?

She was Senior Vice President, CFO of Energy Management, a €28B segment with six global divisions within Schneider Electric.

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