---
schema_version: "secwatch.filing_event.v1"
accession: "0000792987-24-000003"
form_type: "8-K"
ticker: "ASTE"
cik: "0000792987"
company_name: "ASTEC INDUSTRIES INC"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:51:24.519831+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Astec adds two independent directors; board expands to 11

## Summary
- William Bradley Southern retired from the board effective January 18, 2024, with no disagreement.
- Patrick S. Shannon and Jeffrey T. Jackson appointed as new independent directors effective same date.
- Board size increased to 11 directors, 10 of whom are independent.
- Shannon will serve on Audit Committee; Jackson on Compensation Committee.
- Shannon is former CFO of Allegion (ALLE); Jackson is CEO of PGT Innovations (PGTI).

## SEC filing metadata
- accession: 0000792987-24-000003
- form_type: 8-K
- ticker: ASTE
- cik: 0000792987
- company_name: ASTEC INDUSTRIES INC
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/aste-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000792987-24-000003
- JSON: https://secwatch.observer/filing/0000792987-24-000003.json
- Plain text: https://secwatch.observer/filing/0000792987-24-000003.txt

## Key facts
- Executive change
  Jeffrey T. Jackson was appointed as Director at ASTEC INDUSTRIES INC.
  - Action: appointed
  - Role: Director
  source text: On January 18, 2024, the Board appointed Patrick S. Shannon and Jeffrey T. Jackson to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm
- Executive change
  William Bradley Southern retired as Director at ASTEC INDUSTRIES INC.
  - Action: retired
  - Role: Director
  source text: On January 18, 2024, William Bradley Southern notified the Board of Directors (the "Board") of Astec Industries, Inc. (the "Company") that he will be retiring as a member of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm
- Executive change
  Patrick S. Shannon was appointed as Director at ASTEC INDUSTRIES INC.
  - Action: appointed
  - Role: Director
  source text: On January 18, 2024, the Board appointed Patrick S. Shannon and Jeffrey T. Jackson to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.