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Astec Industries Executive Compensation (FY25)

ASTE · Executive and director compensation, fiscal 2023 to 2025

The paid brief on Astec Industries

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 20, 2026Latest filing (8-K): April 27, 2026
12 filings cited on this page
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Astec Industries brief$1,500Get the executive brief
254 figures on this page: 244 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Jaco van der Merwe
Latest say-on-pay support
=
April 24, 2026
Chief executive pay ratio
◇
To the median employee

More on Astec Industries

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jaco van der Merwe: $3,664,088 → $4,030,731 (10.0% higher)
Say-on-pay support: 97.6% → 98.9% (1.3 points higher)
CEO pay ratio: 53:1 → 55:1 (3.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Astec Industries' chief executive and what were they paid?
Total compensation for Jaco van der Merwe, Chief Executive Officer, came to $4,030,731 in fiscal 2025. Van der Merwe's total moved 10.0% higher from the $3,664,088 reported for fiscal 2024.
What was Astec Industries' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 98.9% of votes cast for or against in favor at the meeting held April 24, 2026.
Which companies are in Astec Industries' peer group?
Companies named in the disclosed peer group include Alamo Group Inc., Chart Industries, Columbus McKinnon Corporation, Commercial Vehicle Group and Douglas Dynamics LLC, among others.
What is Astec Industries' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 55:1, against median employee compensation of $73,615.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jaco van der Merwe
Chief Executive Officer
◇—◇—◇—◇◇
Barend Snyman
Group President
◇◇◇—◇—◇◇
Michael Norris
Group President
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jaco van der Merwe
President and Chief Executive Officer
◇—◇—◇—◇◇
Barend Snyman
Group President
◇◇◇—◇—◇◇
Michael Norris
Group President
◇—◇—◇—◇◇
Rebecca Weyenberg
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Terrell Gilbert
General Counsel, Chief Compliance Officer and Corporate Secretary
◇—◇—◇—◇◇
Heinrich Jonker
Former Interim Chief Financial Officer
Departed during or after this year
◇◇◇—◇—◇◇
Brian Harris
Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jaco van der Merwe
Chief Executive Officer
◇—◇—◇—◇◇
Brian Harris
Chief Financial Officer
◇—◇—◇—◇◇
Barend Snyman
Group President
◇—◇—◇—◇◇
Michael Norris
Group President
◇—◇—◇—◇◇
Terrell Gilbert
General Counsel, Chief Compliance Officer and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
GilbertPSU◇—◇—◇—◇
GilbertPSU◇——◇——◇
GilbertPSU◇—◇—◇—◇
HarrisPSU◇—◇—◇—◇
HarrisPSU◇——◇——◇
HarrisPSU◇—◇—◇—◇
NorrisPSU◇—◇—◇—◇
NorrisPSU◇—◇—◇—◇
NorrisPSU◇——◇——◇
SnymanPSU◇—◇—◇—◇
SnymanPSU◇—◇—◇—◇
SnymanPSU◇——◇——◇
van der MerwePSU◇—◇—◇—◇
van der MerwePSU◇——◇——◇
van der MerwePSU◇—◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
SnymanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
NorrisRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
GilbertPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
HarrisPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William D. Gehl
Board chair
◇◇————◇
Tracey H. Cook
◇◇————◇
Linda I. Knoll
◇◇————◇
Mark J. Gliebe
◇◇————◇
Nalin Jain
◇◇————◇
Mary L. Howell
◇◇————◇
Patrick S. Shannon
◇◇————◇
James M. Winford Jr
◇◇————◇
Jeffrey T. Jackson
◇◇————◇
Jaco G. van der Merwe served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alamo Group Inc. ALG
  • Chart Industries GTLS
  • Columbus McKinnon Corporation CMCO
  • Commercial Vehicle Group CVGI
  • Douglas Dynamics LLC PLOW
  • Enerpac Tool Group (f/k/a Actuant Corporation) symbol not shown
  • Enpro Industries, Inc. NPO
  • Federal Signal Corporation FSS
  • Greenbrier Companies, Inc. GBX
  • Hyster-Yale Materials HY
  • John Bean Technologies JBT
  • Lindsay Corporation LNN
  • Manitowoc Co. MTW
  • Miller Industries, Inc. MLR
  • SPX Corporation SPXC
  • Standex International SXI
  • The Barnes Group B
  • The Shyft Group, Inc. SHYF
  • Wabash National Corporation WNC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 24, 2026=◇◇◇
2024April 25, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 28, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 30, 2020=◇◇◇
2018April 25, 2019=◇◇◇
2017April 26, 2018=◇◇◇
2016April 27, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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What this page does not include

Everything above is a fact Astec Industries disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Astec Industries sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
254 figures on this page: 244 cited to the filing that reported them, 10 calculated from figures it prints.
244 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000792987-26-000020
    Item 5.07. Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-027745
    Director Compensation · Grants of Plan-Based Awards for Calendar Year 2025 · Outstanding Equity Awards at December 31, 2025 · Summary Compensation Table
  3. 0000792987-25-000021
  4. 0001104659-25-023778
    Summary Compensation Table
  5. 0000792987-24-000021
  6. 0000792987-23-000036
  7. 0000792987-22-000020
  8. 0000792987-21-000035
  9. 0000792987-20-000023
  10. 0000792987-19-000023
  11. 0000792987-18-000016
  12. 0000792987-17-000015
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Astec Industries executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ASTE (accessed 2026).
Short form: data: Velarion

The paid brief for Astec Industries

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Astec Industries discloses

The companies named in ASTE's own disclosed peer group.

Alamo Group Inc.Chart IndustriesColumbus McKinnon CorporationCommercial Vehicle GroupDouglas Dynamics LLCEnpro Industries, Inc.Federal Signal CorporationGreenbrier Companies, Inc.Lindsay CorporationManitowoc Co.SPX CorporationStandex InternationalThe Barnes GroupWabash National Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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