Terex Corporation filed a Form 8-K on November 12, 2026, disclosing that Patrick Carroll, President of its Environmental Solutions segment, notified the company on November 6, 2026, of his plans to retire effective May 14, 2027.

Key Highlights

  • Retirement notice: Patrick Carroll informed Terex Corporation on November 6, 2026, that he plans to retire from the company.
  • Effective date: Carroll's retirement is scheduled for May 14, 2027.
  • Role: Carroll serves as President of Environmental Solutions, one of Terex Corporation's business segments.
  • Successor timeline: The company expects to announce a successor on or before December 31, 2026.
  • Transition commitment: Carroll intends to remain engaged in leading the Environmental Solutions segment until his retirement date to help facilitate a smooth transition, according to the filing.

Carroll Retirement and Environmental Solutions Leadership Transition at Terex

Terex Corporation (NYSE:TEX), headquartered in Norwalk, Connecticut, disclosed in a current report filed November 12, 2026, that Patrick Carroll, President of the company's Environmental Solutions business segment, has notified the company of his intention to retire. According to the filing, Carroll communicated his retirement plans to the company on November 6, 2026, the date of earliest event reported.

The filing states that Carroll's retirement is set for May 14, 2027, and that the company "expects to announce a successor on or before December 31, 2026." In the interim, the filing notes that Carroll "intends to remain engaged in leading the Company's Environmental Solutions segment until the date of his retirement to help facilitate a smooth transition." No further details regarding successor candidates or changes to segment leadership structure were disclosed.

The report was signed by Scott J. Posner, Senior Vice President, General Counsel and Secretary of Terex Corporation. The disclosure was filed under Item 5.02 of Form 8-K, which covers departures, elections, or appointments of directors or certain officers, as well as compensatory arrangements of certain officers.

What Was Disclosed

Terex Corporation reported that Patrick Carroll, President of its Environmental Solutions segment, plans to retire on May 14, 2027. The company expects to name a successor by December 31, 2026, and Carroll will continue leading the segment through his retirement date.