Terex executive to step down

SENIOR Terex executive Phil Widman will retire as senior vice-president and chief financial officer of the global equipment manufacturer in mid-2013.
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Jon Cuthbert

Widman will continue as chief financial officer into the first half of next year to oversee the year-end accounting closure and annual auditing process.

Widman, who has been with the firm for 10 years, said he looked forward to retirement but would stay involved in the business community as an external director at other companies.

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