Terex (TEX) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
25 Jun, 2026Opening remarks and agenda
Meeting called to order with thanks to team members, customers, stockholders, and board for their contributions during a transformational year marked by major integrations and mergers.
Introduction of executive officers and board members, including new directors from the recent merger.
Formal business included four proposals: election of directors, advisory vote on executive compensation, approval of the 2026 Omnibus Incentive Plan, and ratification of the independent auditor.
Board and executive committee updates
Several new board members joined as part of the REV Group merger, reflecting expanded leadership.
Recognition of outgoing director Paula H. J. Cholmondeley, now serving as Director Emeritus.
Shareholder proposals
Four proposals presented: election of 12 directors, advisory vote on executive compensation, approval of the 2026 Omnibus Incentive Plan, and ratification of KPMG as auditor.
Latest events from Terex
- Q3 2025 sales rose 14% to $1.4B, with $1.50 EPS and strong Environmental Solutions growth.TEX
Q3 202511 Jun 2026 - Voting standards clarified: abstentions count as no, broker non-votes have no effect on outcomes.TEX
Proxy filing19 May 2026 - Q1 2026 sales up 41% to $1.7B, strong backlog, and 2026 guidance reaffirmed.TEX
Q1 20265 May 2026 - Shareholders to vote on board, pay, new incentive plan, and auditor amid strong growth and governance.TEX
Proxy filing29 Apr 2026 - Virtual annual meeting to vote on directors, pay, incentive plan, and auditor ratification.TEX
Proxy filing29 Apr 2026 - Merger-fueled growth lifted 2025 sales to $5.4B; 2026 outlook targets up to $8.1B.TEX
Q4 202511 Feb 2026 - Shareholders approved issuing shares for the REV Group merger, marking a major strategic shift.TEX
EGM 20263 Feb 2026 - $2B acquisition expands market, targets $25M synergies by 2026, and boosts North American exposure.TEX
M&A Announcement3 Feb 2026 - Q2 2024 delivered $1.4B sales, $2.16 EPS, and a $2B ESG acquisition to drive future growth.TEX
Q2 20242 Feb 2026