Astec Industries Management
Management criteria checks 3/4
Astec Industries' CEO is Jaco van der Merwe, appointed in Aug 2016, has a tenure of 7.67 years. total yearly compensation is $3.32M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $3.02M. The average tenure of the management team and the board of directors is 2.6 years and 1.4 years respectively.
Key information
Jaco van der Merwe
Chief executive officer
US$3.3m
Total compensation
| CEO salary percentage | 21.7% |
| CEO tenure | 7.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.6yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
Astec: ERP Implementation, Transformative Efforts, And New Products Imply Undervaluation
Mar 05Astec Industries, Inc.'s (NASDAQ:ASTE) Share Price Is Matching Sentiment Around Its Revenues
Feb 29
Is There Now An Opportunity In Astec Industries, Inc. (NASDAQ:ASTE)?
Jan 26Astec Industries (NASDAQ:ASTE) Is Looking To Continue Growing Its Returns On Capital
Dec 14Astec Industries, Inc. (NASDAQ:ASTE) Shares Could Be 30% Below Their Intrinsic Value Estimate
Nov 03We Think Astec Industries (NASDAQ:ASTE) Can Stay On Top Of Its Debt
Sep 27At US$54.82, Is Astec Industries, Inc. (NASDAQ:ASTE) Worth Looking At Closely?
Sep 01An Intrinsic Calculation For Astec Industries, Inc. (NASDAQ:ASTE) Suggests It's 35% Undervalued
Jul 17Be Wary Of Astec Industries (NASDAQ:ASTE) And Its Returns On Capital
Jul 01Astec Industries' (NASDAQ:ASTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 30Capital Allocation Trends At Astec Industries (NASDAQ:ASTE) Aren't Ideal
Apr 01At US$49.27, Is It Time To Put Astec Industries, Inc. (NASDAQ:ASTE) On Your Watch List?
Mar 04Here's Why Astec Industries (NASDAQ:ASTE) Can Manage Its Debt Responsibly
Jan 09Capital Allocation Trends At Astec Industries (NASDAQ:ASTE) Aren't Ideal
Dec 12Astec Industries' (NASDAQ:ASTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Returns On Capital Signal Difficult Times Ahead For Astec Industries (NASDAQ:ASTE)
Aug 27Astec goes ex-dividend tomorrow
Aug 10Astec Industries (NASDAQ:ASTE) Is Paying Out A Dividend Of $0.12
Aug 05Astec Non-GAAP EPS of $0.19 misses by $0.33, revenue of $318.2M beats by $9.5M
Aug 02Is There Now An Opportunity In Astec Industries, Inc. (NASDAQ:ASTE)?
Jun 14Astec Industries (NASDAQ:ASTE) Will Be Hoping To Turn Its Returns On Capital Around
May 19Astec Industries (NASDAQ:ASTE) Has Re-Affirmed Its Dividend Of US$0.12
May 06Is Astec Industries (NASDAQ:ASTE) A Risky Investment?
Apr 20An Intrinsic Calculation For Astec Industries, Inc. (NASDAQ:ASTE) Suggests It's 35% Undervalued
Apr 06Astec Industries (NASDAQ:ASTE) Has Re-Affirmed Its Dividend Of US$0.12
Mar 08Is It Time To Consider Buying Astec Industries, Inc. (NASDAQ:ASTE)?
Feb 09These Return Metrics Don't Make Astec Industries (NASDAQ:ASTE) Look Too Strong
Jan 10Is Astec Industries, Inc. (NASDAQ:ASTE) Trading At A 48% Discount?
Dec 28Should You Be Adding Astec Industries (NASDAQ:ASTE) To Your Watchlist Today?
Dec 08Astec Industries (NASDAQ:ASTE) Has Announced A Dividend Of US$0.12
Nov 05Why Astec Industries, Inc. (NASDAQ:ASTE) Could Be Worth Watching
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$721k | US$34m |
| Sep 30 2023 | n/a | n/a | US$18m |
| Jun 30 2023 | n/a | n/a | US$25m |
| Mar 31 2023 | n/a | n/a | US$8m |
| Dec 31 2022 | US$1m | US$400k | -US$100k |
| Sep 30 2022 | n/a | n/a | -US$9m |
| Jun 30 2022 | n/a | n/a | -US$800k |
| Mar 31 2022 | n/a | n/a | US$11m |
| Dec 31 2021 | US$1m | US$380k | US$16m |
| Sep 30 2021 | n/a | n/a | US$41m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$35m |
| Dec 31 2020 | US$1m | US$366k | US$46m |
| Sep 30 2020 | n/a | n/a | US$13m |
| Jun 30 2020 | n/a | n/a | US$15m |
| Mar 31 2020 | n/a | n/a | US$29m |
| Dec 31 2019 | US$542k | US$310k | US$22m |
| Sep 30 2019 | n/a | n/a | -US$6m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$66m |
| Dec 31 2018 | US$447k | US$290k | -US$60m |
Compensation vs Market: Jaco's total compensation ($USD3.32M) is about average for companies of similar size in the US market ($USD3.46M).
Compensation vs Earnings: Jaco's compensation has been consistent with company performance over the past year.
CEO
Jaco van der Merwe (50 yo)
7.7yrs
Tenure
US$3,317,927
Compensation
Mr. Jaco G. van der Merwe is Chief Executive Officer, President and Director of Astec Industries, Inc. from January 6, 2023. He served as Group President of Infrastructure at Astec Industries, Inc. since J...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.7yrs | US$3.32m | 0.32% $ 3.0m | |
| Advisor | less than a year | US$1.82m | 0.12% $ 1.2m | |
| Group President of Materials Solutions Group | 4.4yrs | US$1.00m | 0.070% $ 666.5k | |
| Group President of Materials Solutions and Senior VP of International & Aftermarket Sales | 3.3yrs | US$1.11m | 0.066% $ 627.2k | |
| Group President of Infrastructure | no data | US$1.12m | 0.063% $ 600.1k | |
| Interim Chief Financial Officer | less than a year | no data | 0.0085% $ 81.1k | |
| VP, Chief Accounting Officer & Corporate Controller | 3.4yrs | no data | 0.031% $ 293.4k | |
| CTO and President of Digital & Innovation | 2yrs | no data | no data | |
| Senior VP of Administration | 21.3yrs | US$732.11k | 0% $ 0 | |
| Global Vice President of Human Resources | 1.2yrs | no data | no data | |
| Group President of Infrastructure | less than a year | no data | no data |
2.6yrs
Average Tenure
50yo
Average Age
Experienced Management: ASTE's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$3.32m | 0.32% $ 3.0m | |
| Independent Director | 14.3yrs | US$188.02k | 0.091% $ 860.7k | |
| Independent Director | 5.2yrs | US$207.50k | 0.050% $ 471.5k | |
| Independent Chairman of the Board | 25.3yrs | US$275.00k | 0.15% $ 1.4m | |
| Independent Director | less than a year | no data | 0.0037% $ 35.1k | |
| Independent Director | 1.4yrs | US$191.90k | 0.018% $ 166.4k | |
| Independent Director | less than a year | no data | 0.0037% $ 35.1k | |
| Independent Director | 2yrs | US$200.00k | 0.024% $ 232.1k | |
| Independent Director | 1.4yrs | US$191.90k | 0.018% $ 166.4k | |
| Independent Director | 5.4yrs | US$200.02k | 0.050% $ 471.5k | |
| Independent Director | less than a year | no data | 0.0073% $ 69.5k |
1.4yrs
Average Tenure
60yo
Average Age
Experienced Board: ASTE's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.