DAVID A. SACHS - Corporate Board Profile

TEREX CORP

Filing Date	Source Excerpt
2018-03-30	David A. Sachs is a Partner of Ares Management, LP (Ares) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate groups real estate debt and U.S. real estate equity investments. ... The Board has determined that all of the nominees for director are independent directors except for Mr. Garrison, who has been nominated to serve on the Board as a result of his position as Chief Executive Officer of the Company.
2019-04-03	David A. Sachs is a Partner of Ares Management, LP (Ares) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate groups real estate debt and real estate equity investments. ... After Mr. Garrison became Chairman of the Board, Mr. Sachs, who previously held such title, became the Lead Director of the Board.
2020-04-02	David A. Sachs is a Partner of Ares Management, LP ("Ares") and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. Mr. Sachs also serves as a director of Ares Dynamic Credit Allocation Fund, Inc. and CION Ares Diversified Credit Fund. Mr. Sachs has extensive knowledge of global capital markets and is valuable to the Board’s discussions of the Company’s capital and liquidity needs. Mr. Sachs has been a member of the Board since 1992 and accordingly has an extensive knowledge of the Company. As a result, Mr. Sachs provides vital insight to the Board on many issues, including capital markets, treasury and liquidity related matters. The Governance and Nominating Committee of the Board consists of Messrs. DeFosset (chairperson), Hansen and Wine and Ms. Cholmondeley, each of whom is independent as defined in the listing standards of the NYSE. The compensation paid to the Company’s outside directors in 2019 is summarized in the following table: David A. Sachs Fees Earned or Paid in Cash $50,000; Stock Awards $225,000; All Other Compensation $1,000; Total $276,000.
2021-03-26	David A. Sachs is a Partner of Ares Management Corporation (“Ares”) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. ... The Governance and Nominating Committee of the Board consists of Messrs. Sachs (chairperson), DeFosset and Hansen and Ms. Cholmondeley, each of whom is independent as defined in the listing standards of the NYSE. ... The compensation paid to the Company’s outside directors in 2020 is summarized in the following table: David A. Sachs $231,000.
2022-04-01	David A. Sachs is a Partner of Ares Management Corporation (“Ares”) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. ... The GNCR Committee of the Board consists of Messrs. Sachs (chairperson), DeFosset, Hansen and Rossi, and Ms. Cholmondeley, each of whom is independent as defined in the listing standards of the NYSE. ... The compensation paid to the Company’s outside directors for 2021 Board service is summarized in the following table: David A. Sachs $276,000.
2023-03-31	David A. Sachs is a Partner of Ares Management Corporation (“Ares”) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. Mr. Sachs also serves as a Chairman and director of Ares Dynamic Credit Allocation Fund, Inc. and as a Chairman and trustee of CION Ares Diversified Credit Fund. Additionally, Mr. Sachs serves a Trustee of the Ares Private Markets Fund. Committee Memberships: • Governance, Nominating & Corporate Responsibility (Chair)
2024-04-05	David A. Sachs is a Partner of Ares Management Corporation (“Ares”) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. Mr. Sachs also serves as a Chairman and director of Ares Dynamic Credit Allocation Fund, Inc. and as a Chairman and trustee of CION Ares Diversified Credit Fund. Additionally, Mr. Sachs serves a Trustee of the Ares Private Markets Fund. Mr. Sachs has extensive knowledge of global capital markets and is valuable to the Board’s discussions of the Company’s capital and liquidity needs. Mr. Sachs has been a member of the Board since 1992 and accordingly has an extensive knowledge of the Company. As a result, Mr. Sachs provides vital insight to the Board on many issues, including capital markets, treasury and liquidity related matters.
2025-04-01	David A. Sachs is a Partner of Ares Management Corporation and co-founder of the firm, where he serves as an investment committee member.