Filipov Out At Terex

Terex Corp. announced that following the completion of the sale of Demag Mobile Cranes to Tadano Ltd., Steve Filipov, president of Terex Cranes, is leaving the company effective Aug. 1.

“We are grateful to Steve for leading this transition,” said John L. Garrison, Jr., chairman, president and CEO of Terex Corp.  “Steve kept the business on course through the transfer and helped ensure that virtually all of the affected team members had the opportunity to stay with the Demag Mobile Cranes business after the transaction.”

The rest of the businesses within the Terex Cranes segment have successfully transitioned within the company — Terex Utilities is now part of the Aerial Work Platforms segment; Franna Pick-and-Carry cranes in Australia are part of the Materials Processing segment; and the Tower and Rough Terrain cranes businesses in Italy are part of corporate structure.

Filipov worked for Terex for nearly 25 years. He started with PPM Cranes in France, served as president of Terex Cranes twice, led Developing Markets and Strategic Accounts, and was president of Material Handling and Port Solutions (MHPS).

“I am grateful to Terex for giving me the opportunity to continually do new and exciting things,”

Filipov said.  “I am looking forward to the road ahead – for myself, for my colleagues who will become part of the Tadano organization, and for everyone at Terex.  I believe Terex is well positioned for a bright future.”

Related Articles

Eaton In Electrified Mobility Strategic Alliance
Mobile hydraulics: preparing for an electrified future
Rolls-Royce Involved In Power-to-X
Will on-highway electrification tech work off-highway?
Danfoss sales grow but uncertainty ahead
More Legal Woes For GM Diesel
Cummins Turbodiesel Out Of Titan
Volvo CE to highlight convergence of new technologies

Latest News

Marcopolo Acquires Metalsur
Eaton In Electrified Mobility Strategic Alliance
Mobile hydraulics: preparing for an electrified future
Rolls-Royce Involved In Power-to-X
More SRC Promotions
New 13 L Engine From Scania
Daimler India Hits Export Milestone
Diesel Progress – August 2019
Will on-highway electrification tech work off-highway?

Magazine Issue Archive

Diesel Progress – August 2019
Diesel Progress International – July – August 2019
Diesel Progress – July 2019
Diesel Progress – June 2019
Diesel Progress International May-June 2019
Diesel Progress – May 2019
Diesel Progress – April 2019
Diesel Progress International – March-April 2019
Diesel Progress – March 2019
Diesel Progress – February 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.