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Astec Industries Inc Announces Management Change-Form 8-K

Tuesday, 5 Mar 2013 08:46pm EST 

Astec Industries Inc reported in its Form 8-K that on March 4, 2013, the Company announced that its Board of Directors has established a leadership succession plan pursuant to which it intends to transition the position of Chief Executive Officer (CEO) and President to Benjamin G. Brock and the position of Chief Operating Officer and Executive Vice President to Richard J. Dorris. Pursuant to the succession plan, Dr. J. Don Brock, who currently serves as the Company’s Chief Executive Officer (CEO), will continue to lead the Company as the Executive Chairman of the Company’s Board of Directors. In addition, W. Norman Smith, who currently serves as the Company’s President and Chief Operating Officer, will transition to the role of Vice-Chairman of the Company’s Board of Directors. 

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