Terex Appoints New Chief Accounting Officer Post-REV Merger

The latest update is out from Terex ( (TEX) ).

In connection with the post-merger integration of REV Group, Inc., Terex Corporation announced that Stephen Johnston stepped down as Vice President, Chief Accounting Officer and Controller effective March 2, 2026, though he will remain for a transition period and his departure is not due to any disagreement over company operations or policies. On the same date, Terex appointed former REV executive Joseph LaDue, a certified public accountant with prior experience at KPMG, as its new VP, Chief Accounting Officer and Controller, setting his compensation package to align with senior leadership incentives and reinforcing continuity and stability in the combined company’s financial oversight.

LaDue’s package includes a $357,500 base salary, eligibility for an annual incentive bonus targeted at 40% of salary, and an initial long-term incentive award of $139,000, with the possibility of additional long-term incentives around 85% of base pay based on performance. Terex also disclosed that there are no special arrangements, family relationships, or related-party transactions involving LaDue and the company’s directors or executives, underscoring standard governance practices during this key post-merger leadership transition.

The most recent analyst rating on (TEX) stock is a Hold with a $76.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.

Spark’s Take on TEX Stock

According to Spark, TipRanks’ AI Analyst, TEX is a Neutral.

The score is driven most by a mixed financial profile—improving free cash flow but compressed margins and higher leverage. Technicals are supportive with a clear uptrend, while valuation is only moderate with a low dividend yield. Earnings-call guidance and merger synergies are positives, partially offset by tariffs, higher interest expense, and integration/execution risks.

To see Spark’s full report on TEX stock, click here.

More about Terex

Terex Corporation is an industrial equipment manufacturer that recently completed a merger with REV Group, Inc., expanding its operations across REV’s specialty vehicle and related businesses. The combined company focuses on integrating financial and operational functions to support its broader portfolio, with emphasis on experienced accounting leadership drawn from both legacy organizations.

Average Trading Volume: 1,897,243

Technical Sentiment Signal: Buy

Current Market Cap: $7.47B

For detailed information about TEX stock, go to TipRanks’ Stock Analysis page.