AGM/EGMJun 30, 2026, 04:07 PM
Terex Stockholders Approve Omnibus Incentive Plan, Elect Directors
AI Summary
Terex Corporation's stockholders held their 2026 Annual Meeting on June 25, 2026. During the meeting, they approved the 2026 Omnibus Incentive Plan, which provides various forms of incentive compensation including stock options and restricted stock awards. Stockholders also elected twelve directors, approved the compensation of named executive officers in an advisory vote, and ratified KPMG LLP as the independent auditor for the fiscal year ending December 31, 2026.
Key Highlights
- Stockholders approved the 2026 Omnibus Incentive Plan.
- The Omnibus Plan includes stock options, restricted stock, and cash awards.
- Twelve directors were elected to the Board of Directors.
- Stockholders approved the compensation of named executive officers in an advisory vote.
- KPMG LLP was ratified as the independent registered public accounting firm for 2026.
- Omnibus Incentive Plan received 98,052,459 votes For.
- KPMG LLP ratification received 106,154,545 votes For.
- Jean Marie "John" Canan elected with 100,158,485 votes For.
Price Impact
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