secwatch.observer — SEC 8-K summary
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Issuer:     ASTEC INDUSTRIES INC (ASTE)
CIK:        0000792987
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000792987-22-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astec adds two independent directors: Mark Gliebe and Nalin Jain; board grows to 12
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- Mark Gliebe (former Regal Rexnord CEO) and Nalin Jain (Wabtec President) elected independent directors effective Nov 10, 2022.
- Board expands to 12 directors, 11 of whom are independent.
- Both join Audit Committee; Gliebe also on Compensation, Jain on Nominating & Governance.
- Gliebe spent 8 years as CEO of Regal Beloit; Jain leads Digital Electronics at Wabtec.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/792987/000079298722000058/0000792987-22-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/792987/000079298722000058/a2022-11x08xappointmentofn.htm
  HTML page:      https://secwatch.observer/filing/0000792987-22-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer