People: Astec Industries Inc (ASTE.OQ)

ASTE.OQ on NASDAQ Stock Exchange Global Select Market

18 Jul 2019
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Southern, Brad 

Mr. Brad Southern is Independent Director of the Company. Mr. Southern was appointed as a director of the Company on October 25, 2018 as part of Astec’s Board refreshment efforts. Mr. Southern’s initial term was set to expire with the annual meeting to be held on April 25, 2019. Mr. Southern is the Chief Executive Officer and member of the Board of Directors of Louisiana-Pacific (“LP”), a global leader of high performance building solutions based in Nashville, Tennessee. Mr. Southern joined LP in 1999 and led LP’s siding business from 2005 to 2015 before taking the lead for OSB operations, a position he held until he was named Chief Operating Officer in 2016. Mr. Southern began his career with MacMillan Bloedel as a forester, where he held a variety of jobs in forestry, strategic planning, finance, accounting and plant management. He has a B.S. and a master’s degree in Forest Resources, both from the University of Georgia. Mr. Southern brings to the Company more than 20 years of experience in the building materials manufacturing industry, including two years as CEO of a high performance building solutions company. Astec benefits from his strong focus on operational execution and his fresh insights and perspective as the Company continues to execute its strategic plan to accelerate growth, improve profitability and drive shareholder value.

Basic Compensation

Total Annual Compensation, USD 816
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 816

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --