secwatch.observer — SEC 8-K summary
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Issuer:     ASTEC INDUSTRIES INC (ASTE)
CIK:        0000792987
Form:       8-K
Filed at:   2024-10-07T23:59:59+00:00
Accession:  0000792987-24-000048
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astec appoints Brian J. Harris as CFO effective October 7, 2024
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- Harris previously served as EVP and CFO of Summit Materials (2013-2023), Bausch + Lomb, and Gates Corp.
- Compensation includes $550K base salary, 70% target bonus (up to 200% of target), and ~$800K LTI award.
- Heinrich Jonker steps down as interim CFO but remains VP Finance – Infrastructure Solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/792987/000079298724000048/0000792987-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/792987/000079298724000048/aste-20241007.htm
  HTML page:      https://secwatch.observer/filing/0000792987-24-000048

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