Srikanth Padmanabhan Joins Terex Board of Directors
Rhea-AI Summary
Terex Corporation (NYSE: TEX) has announced the appointment of Srikanth Padmanabhan to its Board of Directors, effective December 1, 2025. Padmanabhan brings 34 years of experience from Cummins, Inc., where he most recently served as Executive Vice President and President of Operations.
His extensive background includes leadership roles in Cummins' Power Generation, Components, and Engine segments, with global experience across India, U.S., Mexico, and England. Padmanabhan holds a PhD in Mechanical Engineering from Iowa State University and is a Harvard Business School AMP graduate. He currently serves on the Board of Directors of Leggett & Platt Incorporated.
Positive
- Addition of experienced executive with 34 years of global manufacturing and operations expertise
- Brings diverse international experience from working in multiple countries
- Strong educational background including Harvard Business School AMP
Negative
- None.
News Market Reaction – TEX
On the day this news was published, TEX gained 0.82%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NORWALK, Conn., Oct. 1, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that Srikanth Padmanabhan has been appointed to the Company's Board of Directors, effective December 1, 2025. Mr. Padmanabhan recently retired as Executive Vice President and President – Operations of Cummins, Inc., a global power solutions company. Mr. Padmanabhan was a distinguished leader at Cummins for 34 years, including being President of the Engine Business and held several global business leadership roles in the Cummins' Power Generation, Components and Engine segments. He started his career in manufacturing and plant leadership roles and has lived and worked in
"We look forward to Srikanth's valuable insights and perspectives, which will complement the experience of our current board," commented David A. Sachs, Terex Non-Executive Chairman. "Srikanth is an executive with a proven track record of driving significant business growth and value."
Mr. Padmanabhan holds a bachelor's degree in Mechanical Engineering from the National Institute of Technology in Trichy,
He currently serves on the Board of Directors of Leggett & Platt Incorporated.
About Terex
Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in
Contact Information
Derek Everitt
VP Investor Relations
Email: InvestorRelations@Terex.com
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SOURCE Terex Corporation
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