Bob Wilkerson Responsibilities Increased; Named Terex Executive Vice President and Chief Change Officer.Business Editors WESTPORT, Conn.--(BUSINESS WIRE)--May 13, 2004 Terex Corporation (NYSE NYSE See: New York Stock Exchange : TEX (tai epsion chi) A typesetting language developed by Stanford professor Donald Knuth that is noted for its ability to describe elaborate scientific formulas. Pronounced "tek" or the guttural "tekhhh" (the X is the Greek chi, not the English X), TeX is widely used for mathematical book ) today announced that Bob Wilkerson Robert Lee Wilkerson (born August 15, 1954 in Anderson, Indiana) is an American former professional basketball player. A 6'6" guard/forward, Wilkerson attended Indiana University, where he was a member of the Hoosiers' 1976 NCAA Championship team. , currently President of Terex Aerial Work Platforms An aerial work platform (AWP) is a mechanical device used to provide temporary access for people or equipment to inaccessible areas, usually at height. AWPs may also be known as a lift table, lift platform or cherry picker. , has been given additional responsibility for overseeing and accelerating the changes underway as part of the Terex Improvement Process ("TIP"). Mr. Wilkerson will continue as President of Terex Aerial Work Platforms, although some of his day-to-day responsibilities will be reassigned to the existing Terex Aerial Work Platforms management team. "I am excited about this opportunity," commented Bob Wilkerson. "The TIP teams have already made breakthrough progress in certain areas. This new position will allow Terex to greatly accelerate the rate of change, by allowing me to work with the senior staff directly and focus our efforts on the most important areas of required change." "I am delighted that Bob has accepted this newly created responsibility," commented Ronald M. DeFeo, Chairman and Chief Executive Officer of Terex Corporation. "I firmly believe that over the next couple of years the changes we make will be transformational and critical to achieving our stated goals. We will be building and installing the Terex Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. broadly within Terex, a system that combines the best practices from all of the Terex businesses." Mr. DeFeo continued, "The progress achieved to date over a relatively short period of time makes me more excited about what we have to do to systematically improve, and this is an important and appropriate step to that end." Terex Corporation is a diversified global manufacturer with 2003 revenues of $3.9 billion. The Company operates in five business segments: Terex Construction, Terex Cranes, Terex Aerial Work Platforms, Terex Mining, and Terex Roadbuilding, Utility Products and Other. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. , surface mining, shipping, transportation, refining, utility and maintenance industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . More information on Terex can be found at www.terex.com. |
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