Astec appoints new member to board of directors and announces retirement of long time member

Chattanooga, tenn., july 28, 2023 (globe newswire) -- astec industries, inc. (nasdaq: aste) announced the company's board of directors (the "board") elected mr. james (jay) winford, a new independent director, effective as of july 27, 2023. mr. glen tellock, an independent director, informed the board he desired to retire as a member of the board effective july 27, 2023. with the election of mr. winford and the retirement of mr. tellock, the size of the board remains unchanged with 10 directors, 9 of whom are independent directors. mr. winford will also serve as a member of the nominating and corporate governance committee of the board.
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