Astec Names Chad Hartley Group President – Infrastructure Solutions

About this update from Emerson Electric Company

CHATTANOOGA, Tenn., April 20, 2026 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced today that Chad Hartley will join Astec as Group President – Infrastructure Solutions and member of the Executive Leadership Team on May 11, 2026. Mr. Hartley most recently served as President, Conveyance Solutions at Regal Rexnord, a NYSE listed global manufacturing company. Prior to that, he served as Senior Vice President of Global Sales & Marketing, leading commercial strategy. Mr. Hartley held progressively broader leadership roles during his time at Regal Rexnord and Emerson Electric across operations, supply chain, sales and marketing and general management, including an expatriate assignment in Shanghai, China as Vice President & General Manager. Mr. Hartley noted, “I am excited to join the Astec Industries team and lead the Infrastructure Solutions group. Astec has a strong legacy of innovation and customer focus, and I look forward to building on that foundation, driving operational, product and commercial excellence, and delivering long-term value for our customers and stakeholders.” “I am excited to welcome Chad to Astec and to our leadership team,” said Jaco van der Merwe, President and Chief Executive Officer. "Chad is a highly accomplished manufacturing professional with a strong track record of driving positive results, in large, diverse, multinational operations within the manufacturing sector.” About ASTEC Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business segments: Infrastructure Solutions that includes road building, asphalt and concrete plants, thermal and storage solutions; and Materials Solutions that includes our aggregate processing equipment. Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995 This News Release contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, income, earnings, cash flows, changes in operations, operating improvements, businesses in which we operate, the United States and global economies and guidance for fiscal 2026. State...

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