Terex Names Namita Jindal Chief AI & Data Officer
Rhea-AI Summary
Terex (NYSE:TEX) announced on January 19, 2026 that Namita Jindal was appointed Senior Vice President and Chief AI and Data Officer, effective immediately. She will report to Simon Meester, Terex president and CEO, and will serve on the company Executive Leadership Team.
Jindal joins from CentralSquare Technologies, where she served as chief information officer since 2021, and previously held CIO and leadership roles including at Honeywell Intelligrated. She holds an MBA from Ohio University and a bachelor’s degree in computer science engineering from India.
Positive
- Appointment effective Jan 19, 2026 to a C-suite AI/data role
- Will serve on the Executive Leadership Team
- Reports directly to CEO Simon Meester
- Experience as CIO at CentralSquare since 2021
- Prior leadership as CIO for Honeywell Intelligrated
- Educational background: MBA and BS in computer science engineering
Negative
- No disclosed operational KPIs, cost savings, or financial targets tied to the appointment
- No predecessor or formal transition plan named in the announcement
Key Figures
Market Reality Check
Peers on Argus
TEX fell 1.18% with mixed peer action: OSK -1.57%, AGCO -1.14%, REVG -1.15%, BLBD -0.35%, while ALG rose 0.21%. Momentum scanner did not flag a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 03 | Business divestiture | Positive | +0.1% | Completed sale of Tower and Rough Terrain Cranes to refocus portfolio. |
| Oct 30 | Quarterly earnings | Positive | -15.7% | Q3 2025 results with $1.4B sales and maintained EPS outlook. |
| Oct 30 | Strategic merger | Positive | -15.7% | Announced merger with REV Group, implying ~$9B enterprise value and synergies. |
| Oct 20 | Earnings call update | Neutral | -0.2% | Updated timing for Q3 2025 financial results conference call. |
| Oct 17 | Earnings call notice | Neutral | -2.6% | Announced upcoming Q3 2025 financial results conference call schedule. |
Several strategically positive announcements, including Q3 results and the REV merger, were followed by notable negative price reactions, while a portfolio divestiture saw a mildly positive response.
Over the last few months, Terex announced a strategic merger with REV Group targeting combined net sales of $7.8 billion and synergies of $75 million, alongside plans to exit its Aerials segment. Q3 2025 results showed $1.4 billion in net sales and maintained full-year adjusted EPS guidance of $4.70–$5.10, yet shares fell about 15.7%. The company also completed the sale of its Tower and Rough Terrain Cranes businesses on Nov 3, 2025, aligning with a strategy to reduce cyclicality. Today’s leadership appointment fits into this broader strategic transformation and efficiency focus.
Market Pulse Summary
This announcement adds a dedicated Chief AI and Data Officer to Terex’s executive team, supporting its stated focus on transformational digital strategy and operational efficiency. In recent months, the company has pursued a major merger with REV Group and completed a crane business divestiture, signaling broader portfolio and process change. Investors may watch how this role influences integration efforts, data-driven profitability initiatives, and communication around milestones in future earnings and regulatory filings.
Key Terms
artificial intelligence technical
AI-generated analysis. Not financial advice.
Jindal is joining Terex from CentralSquare Technologies, where since 2021 she has served as Chief Information Officer. Over the previous two decades, she has held key leadership roles driving digital transformation, including serving as CIO for the Honeywell Intelligrated automation business entity.
"I am delighted to welcome Namita to Terex. Her extensive experience with artificial intelligence and enhanced data management will accelerate our transformational digital strategy and help us build a stronger, more efficient, more profitable company," Meester said.
Jindal holds a master's degree in business administration from
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
FAQ
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