Terex announces new President for Terex Cranes

Tim Ford, currently President, Terex Cranes, has made the decision to leave Terex to pursue other opportunities. With Tim’s departure, Ken Lousberg, currently President of Terex China, has accepted the role of President of Terex Cranes. The Terex Cranes leadership team, who currently report to Tim, will now report directly to Lousberg. In addition to leading the Terex Cranes organization, Ken will retain responsibility for the overall Terex business in China, as well as add responsibility for Latin America. Lousberg has previously served in multiple leadership roles within the Cranes business and will be in an excellent position
to start immediately.