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The charts on this page feature a breakdown of the total annual pay for the top executives at ASTEC INDUSTRIES INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. ASTEC INDUSTRIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. ASTEC INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Jaco G. van der Merwe
Chief Executive Officer
Total Cash $1,840,718 Equity $1,329,805 Other $147,404 Total Compensation $3,317,927
Rebecca A. Weyenberg
Former Chief Financial Officer
Total Cash $1,014,738 Equity $675,151 Other $127,869 Total Compensation $1,817,758
Barry A. Ruffalo
Former Chief Executive Officer
Total Cash $62,270 Equity $0 Other $3,465,336 Total Compensation $3,527,606
Timothy A. Averkamp
Former Group President
Total Cash $382,457 Equity $492,639 Other $86,106 Total Compensation $961,202
Anshu Pasricha
Former General Counsel, Corporate Secretary & Chief Compliance Officer
Total Cash $169,591 Equity $470,544 Other $1,188,586 Total Compensation $1,828,721
Michael P. Norris
Group President
Total Cash $654,872 Equity $359,057 Other $91,532 Total Compensation $1,105,461
Barend Snyman
Group President
Total Cash $588,347 Equity $511,183 Other $19,006 Total Compensation $1,118,536
For its 2023 fiscal year, ASTEC INDUSTRIES INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Jaco G. van der Merwe CEO Pay $3,317,927 Median Employee Pay $64,961 CEO Pay Ratio 51:1
For its 2023 fiscal year, ASTEC INDUSTRIES INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Charles F. Potts Total Cash $45,040
Glen E. Tellock Total Cash $183,750
James B. Baker Total Cash $195,000
James Winford Total Cash $105,243
Linda I. Knoll Total Cash $200,000
Mark J. Gliebe Total Cash $191,896
Mary L. Howell Total Cash $207,500
Nalin Jain Total Cash $191,896
Tracey H. Cook Total Cash $212,500
William Bradley Southern Total Cash $200,000
William D. Gehl Total Cash $275,000
William G. Dorey Total Cash $47,540

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.