Astec Industries Management
Management criteria checks 2/4
Astec Industries' CEO is Jaco van der Merwe, appointed in Aug 2016, has a tenure of 8.33 years. total yearly compensation is $3.32M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth $2.48M. The average tenure of the management team and the board of directors is 4 years and 2.1 years respectively.
Key information
Jaco van der Merwe
Chief executive officer
US$3.3m
Total compensation
| CEO salary percentage | 21.7% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4yrs |
| Board average tenure | 2.1yrs |
Recent management updates
Recent updates
What Does Astec Industries, Inc.'s (NASDAQ:ASTE) Share Price Indicate?
Dec 18
Further Upside For Astec Industries, Inc. (NASDAQ:ASTE) Shares Could Introduce Price Risks After 25% Bounce
Nov 26Astec Industries (NASDAQ:ASTE) Is Paying Out A Dividend Of $0.13
Oct 29Astec Industries: Still Driving Down An Ugly Path
Oct 28Is Astec Industries (NASDAQ:ASTE) Using Too Much Debt?
Sep 05Astec Industries (NASDAQ:ASTE) Will Pay A Dividend Of $0.13
Aug 03Why Astec Industries, Inc. (NASDAQ:ASTE) Could Be Worth Watching
Jul 15Astec Industries: Expect Underperformance To Continue For As Long As Backlog Is Declining
Jun 21Astec Industries, Inc. (NASDAQ:ASTE) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing
May 04Astec Industries (NASDAQ:ASTE) Has Announced A Dividend Of $0.13
May 03Astec Industries (NASDAQ:ASTE) Has A Pretty Healthy Balance Sheet
Apr 25Astec: 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 29Is 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 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$2m |
| Jun 30 2024 | n/a | n/a | -US$2m |
| Mar 31 2024 | n/a | n/a | US$25m |
| 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 ($USD3.24M).
Compensation vs Earnings: Jaco's compensation has increased whilst the company is unprofitable.
CEO
Jaco van der Merwe (51 yo)
8.3yrs
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 | 8.3yrs | US$3.32m | 0.33% $ 2.5m | |
| Group President of Materials Solutions Group | 5.1yrs | US$1.00m | 0.070% $ 531.7k | |
| Group President of Materials Solutions and Senior VP of International & Aftermarket Sales | 3.9yrs | US$1.11m | 0.070% $ 532.3k | |
| Group President of Infrastructure | no data | US$1.12m | 0.062% $ 470.8k | |
| Chief Financial Officer | less than a year | no data | no data | |
| VP, Chief Accounting Officer & Corporate Controller | 4.1yrs | no data | 0.031% $ 236.2k | |
| CTO and President of Digital & Innovation | 2.7yrs | no data | no data | |
| Senior VP of Administration | 21.9yrs | US$732.11k | no data | |
| Global Vice President of Human Resources | 1.8yrs | no data | no data |
4.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: ASTE's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.9yrs | US$3.32m | 0.33% $ 2.5m | |
| Independent Director | 5.8yrs | US$207.50k | 0.063% $ 475.3k | |
| Independent Chairman of the Board | 25.9yrs | US$275.00k | 0.16% $ 1.2m | |
| Independent Director | less than a year | no data | 0.017% $ 127.1k | |
| Independent Director | 2.1yrs | US$191.90k | 0.031% $ 231.8k | |
| Independent Director | less than a year | no data | 0.017% $ 127.1k | |
| Independent Director | 2.7yrs | US$200.00k | 0.037% $ 284.3k | |
| Independent Director | 2.1yrs | US$191.90k | 0.031% $ 231.8k | |
| Independent Director | 6.1yrs | US$212.50k | 0.063% $ 475.3k | |
| Independent Director | 1.4yrs | US$105.24k | 0% $ 0 |
2.1yrs
Average Tenure
59.5yo
Average Age
Experienced Board: ASTE's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Astec Industries, Inc. is covered by 19 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristine Kubacki | Avondale Partners |
| Mircea Dobre | Baird |
| Walter Liptak | Barrington Research Associates, Inc. |