Astec Industries Management
Management criteria checks 3/4
Astec Industries' CEO is Jaco van der Merwe, appointed in Aug 2016, has a tenure of 8.75 years. total yearly compensation is $3.66M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth $3.56M. The average tenure of the management team and the board of directors is 2.3 years and 2.5 years respectively.
Key information
Jaco van der Merwe
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 21.3% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Astec Industries (NASDAQ:ASTE) Has Affirmed Its Dividend Of $0.13
May 06
Astec Industries Just Earned A Rare Double-Upgrade
Apr 30Astec Industries, Inc. (NASDAQ:ASTE) Could Be Riskier Than It Looks
Apr 16A Look At The Intrinsic Value Of Astec Industries, Inc. (NASDAQ:ASTE)
Feb 25Investors Will Want Astec Industries' (NASDAQ:ASTE) Growth In ROCE To Persist
Jan 19What Does Astec Industries, Inc.'s (NASDAQ:ASTE) Share Price Indicate?
Dec 18Further 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 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$15m |
| Dec 31 2024 | US$4m | US$780k | US$4m |
| 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$60m |
Compensation vs Market: Jaco's total compensation ($USD3.66M) is about average for companies of similar size in the US market ($USD4.04M).
Compensation vs Earnings: Jaco's compensation has been consistent with company performance over the past year.
CEO
Jaco van der Merwe (51 yo)
8.8yrs
Tenure
US$3,664,088
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 | 8.8yrs | US$3.66m | 0.41% $ 3.6m | |
| Chief Financial Officer | less than a year | US$901.13k | 0.052% $ 455.1k | |
| General Counsel | 1.2yrs | US$854.27k | no data | |
| Group President of Materials Solutions | 4.3yrs | US$1.08m | 0.081% $ 703.4k | |
| Group President of Infrastructure Solutions | no data | US$1.15m | 0.081% $ 704.1k | |
| VP & Chief Accounting Officer and Business Development | less than a year | no data | 0.0075% $ 65.6k | |
| Senior VP of Administration & Investor Relations | 22.3yrs | US$732.11k | no data | |
| Chief Human Resource Officer | 2.3yrs | no data | no data |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: ASTE's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.3yrs | US$3.66m | 0.41% $ 3.6m | |
| Independent Director | 6.3yrs | US$220.63k | 0.062% $ 544.9k | |
| Independent Chairman of the Board | 26.3yrs | US$288.13k | 0.18% $ 1.5m | |
| Independent Director | 1.3yrs | US$183.75k | 0.017% $ 146.0k | |
| Independent Director | 2.5yrs | US$217.50k | 0.030% $ 266.0k | |
| Independent Director | 1.3yrs | US$183.13k | 0.019% $ 166.2k | |
| Independent Director | 3.1yrs | US$216.88k | 0.037% $ 326.1k | |
| Independent Director | 2.5yrs | US$217.50k | 0.031% $ 266.5k | |
| Independent Director | 6.5yrs | US$227.50k | 0.078% $ 679.6k | |
| Independent Director | 1.8yrs | US$205.63k | 0.020% $ 174.3k |
2.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: ASTE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 23:57 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Astec Industries, Inc. is covered by 18 analysts. 2 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. |