Terex Corp., headquartered in Westport, has elected Thomas J. Hansen and David C. Wang to the Terex Corp. Board of Directors.
“We are extremely pleased to have both Thomas Hansen and David Wang join the Terex Board of Directors,” said Ronald M. DeFeo, Terex chairman and CEO.
Hansen, 59, is vice chairman of Illinois Tool Works Inc., a manufacturer of fasteners and components and a variety of specialty products, systems and equipment. He is responsible for the company”™s worldwide automotive components and fastener, fluids and polymers, industrial metal and plastic and construction businesses.
From 1998 until 2006, Hansen served as executive vice president of Illinois Tool Works.
Wang, 64, is president of Boeing China Inc. and vice president of international relations of The Boeing Company, a manufacturer of commercial and military aircraft, where he has held these positions since 2002. Prior to joining Boeing, Wang served as chairman and CEO of General Electric China from 1997 to 2001.
He joined General Electric in 1980 and served in positions of increasing responsibility there. Wang is also a director of KLA-Tencor Corporation.
“The combination of the manufacturing, executive management and international experience that these highly talented individuals have gained in their capacities at these two premier companies, ITW and Boeing, will be of great benefit in our board”™s strategic management of Terex, as we continue to expand globally and make progress toward our ambitious growth targets,” said DeFeo.
Terex Corp. is a global heavy-equipment manufacturer with 2007 net sales of more than approximately $9.1 billion.
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