Industry & Services >> CEO Interviews >> June 21, 2004

PHILLIP WIDMAN – TEREX CORPORATION (TEX)

PHILLIP C. WIDMAN was appointed Senior Vice President and Chief Financial Officer of Terex Corporation on September 16, 2002. Prior to joining the company, Mr. Widman served as Executive Vice President, Chief Financial Officer of Philip Services Corporation, an industrial outsourcing and metal services company, from 1998 to 2001, and as an independent consultant from 2001 to 2002. Prior to joining Philip Services, Mr. Widman worked at Asea Brown Boveri Ltd. for 11 years in various financial and operational capacities in the transportation, power generation and power distribution businesses. During his last two years at ABB, he served as Vice President, Chief Financial Officer and Supply Management of its diverse businesses in the United States. Additionally, Mr. Widman's experience includes 12 years with Unisys Corporation in a variety of financial roles. In his role as an officer of Philip Services, Mr. Widman was an executive officer of approximately 125 US legal entities that filed for federal bankruptcy protection as part of a restructuring of their outstanding debt obligations. Profile
TWST: What is Terex?

Mr. Widman: Terex is a global construction, mining and infrastructure

equipment manufacturer that is headquartered in Westport, Connecticut.

2003 revenues were