New board member appointed at Terex
Published by Harleigh Hobbs,
Editor
Dry Bulk,
Matthew Hepler has been appointed to Terex Corp.’s Board of Directors, effective immediately.
Hepler is currently a Partner at Marcato Capital Management L.P., a hedge fund and significant Terex shareholder. Before joining Marcato, he was a Managing Director at Relational Investors LLC where he led the firm’s research team focusing on the industrials and materials sector.
David A. Sachs, Chairman of the Board, said: “We are pleased to have Matt join the Terex Board of Directors representing the perspective of one of our largest shareholders.”
John L. Garrison, Jr, Terex President and CEO, added: “We look forward to having Matt’s knowledge of the industrials sector on the Terex Board as we transition the company following the sale of our Material Handling and Port Solutions Segment.”
Hepler commented: “I look forward to working with my fellow Terex directors at this pivotal time in the company’s evolution to help develop and execute initiatives that create long-term, sustainable shareholder value.”
Read the article online at: https://www.drybulkmagazine.com/material-handling/06022017/new-board-member-appointed-at-terex/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Genco Shipping has advanced its fleet renewal strategy
Genco Shipping and Trading Ltd has acquired two high specification capesize vessels and has agreed to sell an older capesize vessel for US$19.5 million.