Industry & Services >> CEO Interviews >> November 28, 2000

Ron Defeo – Terex Corporation (tex)

Ron DeFeo is the Chairman of the Board, Chief Executive Officer and President of Terex Corporation. Mr. DeFeo, 47, originally joined Terex in May 1992 as President of the company's Heavy Equipment Group. A year later, he also assumed responsibility for running Terex Corporation's largest former subsidiary, Clark Material Handling Company, based in Lexington, Kentucky. In October 1993, Mr. DeFeo was appointed Terex's President and Chief Operating Officer and in March 1995, Chief Executive Officer. Mr. DeFeo was named Chairman of the Board of Terex Corporation in May 1998. Prior to joining Terex in 1992, he spent eight years with Tenneco, Inc. in various senior managerial positions, most recently, as Senior Vice President and Managing Director of the JI Case Construction Equipment business in Europe. He began his professional career with Procter & Gamble in brand management where he progressed through a number on increasingly senior middle management positions between 1974, when he joined the company, and 1984. Mr. DeFeo received a Bachelor's degree in Economics and Philosophy from Iona College in New Rochelle, New York in 1974. He is a member of the Board of Directors of United Rentals, Inc. In addition, he serves on the Executive Committee and the Board of Directors of the Construction Industry Manufacturers Association (CIMA) and is co-Chairman of CONEXPO-CON/AGG. He is also a member of the Young Presidents' Organization. Profile
TWST: Could we start out with some history and an overview of Terex?

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

equipment manufacturer headquartered in Westport,