Terex Names Robertson Executive VP

Colin Robertson

November 7, 2005 — Terex Corporation, Westport, Conn., has named Colin Robertson executive vice president-operations. Effective Jan. 1, 2006, Robertson will be responsible for developing and implementing capability in supply chain management, logistics, and global purchasing as well as improving manufacturing facility utilization around the world.

 

“Terex currently has 48 manufacturing locations worldwide and spends roughly $4 billion annually on material purchases from our suppliers worldwide,” said Ronald M. DeFeo, Terex's chairman and CEO, of Robertson's promotion. “Historically, Terex supply chain decisions have been made at the local level on a site by site basis. This operating structure provided limited opportunity to leverage Terex's size for the benefit of our customers and shareholders.”

 

DeFeo said Terex needs to develop a competency in logistics and supply chain management that transcends individual units. The company must also develop a comprehensive supply chain strategy from its own Terex companies as well as its ventures in other countries. “Colin brings a unique Terex perspective that, with the support of the entire leadership team, will help make us a better and stronger company,” DeFeo added.

 

According to a Terex press release, Robertson will also play a key role in Terex's China initiatives and the implementation of an Oracle enterprise computer system throughout the company. He will report directly to DeFeo.

 

Robertson most recently served as president • Terex Construction. He has spent time in the company's cranes and mining business units, and has worked with Terex's aerial work platforms.