WESTPORT, CT -- Terex Corporation (NYSE: TEX) announced the appointment of Jacob Thomas as Senior Vice President with responsibility for product development, marketing and the Terex Business System. In this capacity, Jacob and his team will support the full production cycle for Terex equipment, from customer insights through design, order, delivery and customer support. He reports to Tom Riordan, President and Chief Operating Officer.
Mr. Thomas joined Terex in October 2007 as Vice President, Product Development and Technology, leading the engineering function globally in this role.
Prior to joining Terex, Mr. Thomas served as Vice President of the big-bore diesel engine business unit at Navistar International Corporation’s Engine Group. From 2002-2004, he served as Managing Director of that company’s mid-range diesel engine business unit. Mr. Thomas also worked in Navistar’s Commercial Truck Group from 1998-2002, last serving as Director of the medium duty truck product center.
Prior to Navistar, Mr. Thomas advanced through various engineering and marketing leadership roles during six years at construction and farm equipment manufacturer Case New Holland. He began his career in the automotive industry at the Ford Scientific Research Laboratory.
Mr. Thomas holds an MBA degree from the University of Chicago with a concentration in marketing and finance, an MS in mechanical engineering from the Ohio State University, and a BS from the Institute of Technology, BHU, Varanasi in India.
Terex Corporation is a diversified global manufacturer with 2008 net sales of $9.9 billion. Terex operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing & Mining. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. Terex uses its website to make information available to its investors and the market at www.terex.com.