Astec appoints new members to board of directors

Chattanooga, tenn., nov. 08, 2022 (globe newswire) -- astec industries, inc. (nasdaq: aste) announced the company's board of directors (the “board”) elected mr. mark gliebe and mr. nalin jain, each a new independent director, effective as of november 10, 2022. the election of mr. gliebe and mr. jain increases the size of the board to 12 directors, 11 of whom are independent directors. each of mr. gliebe and mr. jain will serve as a member of the audit committee of the board. in addition, mr. gliebe will also serve as a member of the compensation committee of the board, and mr. jain will also serve as a member of the nominating and corporate governance committee of the board.
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