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August 2014

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Terex Corporation appoints Doug Friesen Senior Vice President

Terex Corporation recently announced it has appointed Doug Friesen as Senior Vice President, Terex Business System (TBS). Friesen is currently Vice President and Managing Director, Terex Cranes Demag, in Zweibrucken, Germany. He will transition to his new role over the next several months and report directly to Ron DeFeo, Terex Chairman and Chief Executive Officer.

"Doug Friesen will be responsible for developing and implementing the Terex Business System to accelerate the enterprise-wide transformation of Terex into a world-class, customer-focused operating company," DeFeo said.

Friesen joined Terex in 2005 as Vice President and General Manager, North America, Terex Cranes. In 2008 he led the team that received a Chairman's Excellence Award in recognition of the outstanding financial performance of the Terex Cranes facility in Waverly, Iowa. Prior to joining Terex, he held senior leadership roles with General Motors and Toyota, and has extensive training and experience in implementing lean business processes. Since mid-2008, Friesen has led Terex Cranes Zweibrucken operations.

Friesen will be transitioning his responsibilities for Terex Cranes Demag and new leadership will be identified in the coming months.
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