TEREX CORP (TEX)
Sector: Industrials
Sector: Industrials
TEREX CORP - Executive Compensation
Senior Vice President, Chief Financial Officer
Executive Compensation
Jennifer Kong-Picarello serves as Senior Vice President and Chief Financial Officer at Terex Corporation, a global manufacturer of aerial work platforms, material processing, and cranes. With over 20 years of experience in finance and operations within the industrial and manufacturing sectors, she joined Terex in 2018 after holding progressive leadership roles at United Technologies Corporation (now RTX) and General Electric. Kong-Picarello holds a Bachelor of Science in Accounting from the University of Connecticut and an MBA from the Wharton School of the University of Pennsylvania, credentials that have underpinned her expertise in strategic financial planning, mergers and acquisitions, and operational efficiency. Throughout her career, Kong-Picarello has driven significant value creation, including leading the financial integration of multiple acquisitions totaling over $2 billion at her prior roles, optimizing working capital to improve cash flow by 25%, and implementing enterprise-wide ERP systems that enhanced reporting accuracy and decision-making speed. At Terex, she has been instrumental in navigating economic volatility, spearheading cost-reduction initiatives that delivered $150 million in annual savings and supporting the company's shift toward sustainable growth through targeted investments in digital transformation and supply chain resilience. In her current role, Kong-Picarello oversees all aspects of Terex's global finance organization, including financial planning and analysis, treasury, tax, investor relations, and internal audit. Her strategic oversight has strengthened the company's balance sheet, enabling consistent shareholder returns and positioning Terex for long-term success in a competitive market. Recognized as a forward-thinking leader, she actively champions diversity and inclusion efforts within finance teams and serves on the board of a nonprofit focused on STEM education for underrepresented youth.