Lousberg to succeed Ford at Terex Cranes

Lousberg will move from his role as president of Terex China, and will become president of Terex Cranes as well as taking responsibility for the company's Latin America business currently overseen by Ford.

He will initially retain responsibility for China, with a country leader for the Chinese business set to be named as soon as possible, said Terex.

Meanwhile, George Ellis will take on a new role as senior vice president of operations planning, and president of Terex Construction. Ellis will assume global responsibility for the Terex Business System, while retaining his current responsibilities for Terex Construction, Government Programs and India.

Scott Hensel, currently vice president of Terex Services North America, has been appointed to the newly-created role of vice president and managing director of Terex Utilities and Services, reporting to Ken Lousberg.

Ron De Feo, chief executive officer at Terex, said: "While we expect to achieve substantial synergies with the announced merger with Konecranes, as we think ahead and help position the company for the merger we must continue to organize the company and operate Terex in a way that is best for the business.

"We thank Tim Ford for his dedicated service and leadership within both the AWP segment and his current position with Terex Cranes, and wish him the best in his future endeavors.

"Ken Lousberg is the right person to lead our efforts to continue to improve our global cranes business. Ken has previously served in multiple leadership roles within our Cranes business and will be in an excellent position to start immediately with the important work of growing our Cranes business. Ken has demonstrated strong leadership skills during his tenure with Terex and I believe his increasing responsibilities will serve us and our customers well."