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Astec Industries, Inc. (ASTE)

42.48 -1.48 (-3.37%)
At close: April 25 at 4:00 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Jaco G. van der Merwe CEO, President & Director 1.99M -- 1973
Ms. Rebecca A. Weyenberg Advisor 1.14M -- 1965
Mr. Timothy A. Averkamp Group President of Materials Solutions Group 511.02k -- 1972
Mr. Michael Norris Group President of Materials Solutions and Senior VP of International & Aftermarket Sales 746.4k -- 1969
Barend Snyman Group President of Infrastructure 607.35k -- --
Mr. Heinrich Jonker Interim Chief Financial Officer -- -- --
Ms. Jamie E. Palm VP, Chief Accounting Officer & Corporate Controller -- -- 1979
Mr. Siddharth Verma CTO and President of Digital & Innovation -- -- 1980
Mr. Stephen C. Anderson Senior VP of Administration, Investor Relations & Corporate Secretary 410.38k -- 1964
Ms. Aletheia D. Silcott Global Vice President of Human Resources -- -- 1983

Astec Industries, Inc.

1725 Shepherd Road
Chattanooga, TN 37421
United States
423 899 5898 https://www.astecindustries.com
Sector: 
Industrials
Full Time Employees: 
4,322

Description

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Corporate Governance

Astec Industries, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 4; Compensation: 2.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Mar 29, 2024
    Dividend Date
  • Mar 12, 2024
    DEF 14A: Proxy Statements
    See Full Filing
  • Mar 08, 2024
    Ex-Dividend Date
  • Mar 07, 2024
    8-K: Corporate Changes & Voting Matters
    See Full Filing
  • Feb 29, 2024
    ARS: Annual Report to Shareholders
    See Full Filing

Upcoming Events

May 01, 2024
Astec Industries, Inc. Earnings Call

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