Astec Industries Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$ASTE
Construction/Ag Equipment/Trucks
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 20, 2026
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 20, 2026, Astec Industries, Inc. (the “Company”) issued a press release announcing that Chad Hartley will be appointed as Group President – Infrastructure Solutions of the Company effective May 11, 2026. Mr. Hartley is a highly accomplished manufacturing professional with a strong track record of driving positive results in large, diverse, multinational operations within the manufacturing sector. Mr. Hartly most recently served as the President, Conveyance Solutions at Regal Rexnord, a NYSE listed global manufacturing company.
As of April 20, 2026, Barend Snyman, former Group President – Infrastructure Solutions, is no longer employed by the Company. Mr. Snyman will receive the benefits and payments to which he is entitled under Section 4.2 of the Company’s Executive and Key Employee Severance Plan, which was previously filed as Exhibit 10.1 to the Current Report on Form 8-K filed by the Company on December 19, 2024.
A copy of the press release announcing the appointment of Mr. Hartley is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File embedded within the Inline XBRL document | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Astec Industries, Inc. | ||||||||
| Date: April 20, 2026 | By: | /s/ Jaco van der Merwe | ||||||
| Jaco van der Merwe | ||||||||
| President and Chief Executive Officer | ||||||||