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Astec Industries, Inc. (ASTE)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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64.97-0.13 (-0.20%)
At close: 04:00PM EST
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Astec Industries, Inc.

1725 Shepherd Road
Chattanooga, TN 37421
United States
423 899 5898

IndustryFarm & Heavy Construction Machinery
Full-time employees3,537

Key executives

NameTitlePayExercisedYear born
Mr. Barry A. RuffaloPres, CEO & Director1.37MN/A1970
Ms. Rebecca A. WeyenbergChief Financial Officer828.37kN/A1964
Mr. Stephen C. AndersonSr. VP of Admin. & Investor Relations410.38kN/A1964
Mr. Jaco van der MerweGroup Pres of Infrastructure632.64kN/A1973
Mr. Timothy A. AverkampGroup Pres488.64kN/A1972
Ms. Jamie E. PalmVP, Chief Accounting Officer & Corp. ControllerN/AN/A1978
Mr. Matthew T. Litchfield Sr.Chief Information OfficerN/AN/A1975
Mr. Anshu PasrichaGen. Counsel & Corp. Sec.N/AN/A1980
Mr. Mark RothSr. VP of Corp. Devel. & StrategyN/AN/A1975
Mr. Gregory G. OswaldSr. VP of Global Operational ExcellenceN/AN/A1965
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company's Infrastructure Solutions segment designs, engineers, manufactures, and markets 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 offers engineering and environmental permitting services. This segment offers its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. Its Materials Solutions segment designs and manufactures crushing equipment, track-mounted systems, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular relocatable stationary plants, conveying equipment, plant automation products, mobile portable plants, and mineral processing equipment, as well as provides consulting and engineering services. The company has a strategic partnership with CarbonCure Technologies Inc. to offer solution for concrete production. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.

Corporate governance

Astec Industries, Inc.’s ISS governance QualityScore as of 26 September 2021 is 2. The pillar scores are Audit: 9; Board: 3; Shareholder rights: 3; Compensation: 1.

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 10 indicates higher governance risk.