Market Overview

Terex Announces the Appointment of Boris Schoepplein, President, Terex Parts & Services


Terex Corporation (NYSE:TEX) today announced the appointment of Boris
Schoepplein as President, Terex Parts & Services, based in Schaffhausen,
Switzerland, effective June 1, 2018. He will report to John L. Garrison,
President and CEO of Terex Corporation, and serve on the Company's
Executive Leadership Team.

"Boris is a highly experienced general manager with a broad background
in the machinery equipment industry, with strong expertise in leading
global Parts and Services organizations," Mr. Garrison said. "Parts &
Services is one of the three priority areas of the Execute to Win
element of the Terex strategy. Boris will play an integral role in
driving the Parts and Services component of our strategy, across all of
our business segments worldwide, to help us grow the business and
achieve our goal of becoming the industry leader in customer

Mr. Schoepplein comes to Terex from AGCO Corporation, where for the past
12 years he held senior leadership roles in Parts and Services. Since
2015, he served as Vice President, Global Parts & EAME Aftersales and
Services. In that role, he held P&L responsibility for AGCO's Global
Parts business as well as the Commercial and Technical Services business
in Europe, Africa and the Middle East. Prior to that, he was Vice
President, Parts, initially for EAME and APAC, and then for Global &
EAME. Earlier, he was Director in the Strategy & Integration team of
AGCO Corporation. AGCO is a global leader in the design, manufacture and
distribution of agricultural solutions.

Before joining AGCO, Mr. Schoepplein worked for 10 years in the German
Automotive practice of Accenture as a Senior Manager in their Strategy
business line and Accenture's Automotive leadership team. He holds a
University Diploma for Business Administration from Ludwig-
Maximilian-University in Munich, Germany.

About Terex:

Terex Corporation is a global manufacturer of lifting and material
processing products and services that deliver lifecycle solutions to
maximize customer return on investment. The Company reports in three
business segments: Aerial Work Platforms, Cranes, and Materials
Processing. Terex delivers lifecycle solutions to a broad range of
industries, including the construction, infrastructure, manufacturing,
shipping, transportation, refining, energy, utility, quarrying and
mining industries. Terex offers financial products and services to
assist in the acquisition of Terex equipment through Terex Financial
Services. Terex uses its website (
and its Facebook page (
to make information available to its investors and the market.

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