Jennifer Kong-Picarello
Senior Vice President, CFO (Nyse Tex) @Terex Corporation
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WORK HISTORY
Senior Vice President, CFO (Nyse Tex) @Terex Corporation
Norwalk, CT, US
SVP & CFO of Terex Corporation (NYSE: TEX), reporting to the CEO and Audit Committee of the Board. Lead a 540-person global finance organization spanning finance, treasury, tax, M&A, investor relations, enterprise risk, and internal audit across a ~$8B specialty vehicle and equipment manufacturer — post-merger with REV Group.Key accomplishments since joining in February 2025: Co-led strategic merger with REV Group, creating a leading specialty vehicle manufacturer with greater scale, reduced cyclicality, and expanded addressable markets — receiving shareholder approval and closing the transaction on accelerated timeline Divested Tower Cranes business at ~10x EBITDA, redeploying capital toward higher-return strategic priorities Contributed to ~60% total shareholder return in first year, growing market capitalization from ~$3B to ~$8B Delivered $325M in free cash flow at 147% cash conversion in FY2025 Leading strategic review of Aerials segment, evaluating sale, spin, and structured transaction alternatives to maximize shareholder value Defined Finance Target Operating Model underpinned by Zero Touch vision; redeployed OneStream for global reporting modernization
EDUCATION
Nanyang Technological University Singapore
Bachelor, Accounting
ABOUT JENNIFER KONG-PICARELLO
Public company CFO and CPA with 25+ years driving financial strategy, capital allocation, and enterprise transformation across Fortune 100 industrials and technology companies — including Terex Corporation (NYSE: TEX), Schneider Electric, Honeywell, and Tyco International.I currently serve as SVP & CFO of Terex Corporation, leading a 540-person global finance organization across finance, treasury, tax, M&A, investor relations, enterprise risk, and internal audit. I report to the CEO and Board, and operate as a strategic partner in shaping the company\'s long-term direction — not just its financial reporting.My career has been built on translating strategic ambition into capital outcomes. At Schneider Electric, I led finance for the €27B Energy Management division — the company\'s largest segment — overseeing a 420-person global team, directing a €1.6B R&D capital allocation portfolio (IRR improved from 30% to 34%), and executing three acquisitions totaling €2.5B. At Honeywell, I held four successive CFO roles across businesses ranging from $1.3B to $3B+, delivering results including 80% free cash flow growth, 54% YoY revenue scaling, and $380M in recovered customer claims.Since joining Terex in February 2025, I have co-led the strategic merger with REV Group — creating a leading specialty vehicle manufacturer — divested the Tower Cranes business at ~10x EBITDA, and contributed to ~60% total shareholder return while growing market capitalization from ~$3B to ~$8B.Board & Governance: Supervisory Board Member, Planon (2023–2025, Schneider Electric portfolio company)| Member, Gartner CFO Governing Body (2025–Present)| Investment Committee Member, Honeywell $15B Savings PlanRecognition: Honeywell Top 50 Female Leaders | KPMG Women\'s Leadership Summit (nominated by Honeywell CFO)Languages: English · Mandarin · Cantonese | Global experience across 25+ countries in North America, Europe, and APAC
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