Sundar PichaiSundar Pichai earned $164M in 2023

Benjamin G. Brock has a wealth of experience in the construction equipment industry, being a part of Astec Industries Inc. for over 20 years. He started his career at Astec in sales in 1993 and steadily climbed the ranks, becoming...

Quick Links
A

Benjamin G. Brock

Ex-CEO of Astec Industries

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1975 - 50 years ago

CEO of Astec Industries for

5 years 0 months (Jan 2014 - Jan 2019)

Previous Experience

President of Astec, Inc. since 2006 and Group Vice President of the Asphalt Group since August 2012.

Holdings

See how much did Benjamin G. Brock make over time.

In 2019, Benjamin Brock held significant stock in Astec Industries, with a peak insider trading value reaching $12.29 million in January. His holdings fluctuated throughout his tenure, showcasing confidence in the company's performance. Following his resignation, his stock values showed...

Total Stock Sold

$4.73M

ASTE

$4.73M

95,924 ASTE shares

What if they kept their stock?

If Benjamin G. Brock didn't sell their stock, today they would have:
Extra ASTE95,924 shares worth $3.83M.
This is -19.07% and $901.84K less than what they got when they sold the stock.

Charitable Transactions

ASTE

167 shares

ASTE

Recent Charitable Transactions

ASTE

167 shares

ASTE

Aug 5, 2016

Charity

Insider Trading

See recent insider trades of Benjamin G. Brock.

ASTE

$1.23M

ASTE at $54.60/share

May 3, 2018

Sale

ASTE

$1.96M

ASTE at $54.57/share

May 1, 2018

Sale

ASTE

58,439 shares

ASTE

May 1, 2018

Inheritance

ASTE

4,600 shares

ASTE

Feb 28, 2018

Received

ASTE

9,749 shares

ASTE

Feb 28, 2017

Received

ASTE

167 shares

ASTE

Aug 5, 2016

Charity

ASTE

12,645 shares

ASTE

Dec 17, 2015

Inheritance

ASTE

182 shares

ASTE

Jul 31, 2015

Charity

ASTE

$749.92K

ASTE at $43.60/share

Apr 28, 2015

Sale

ASTE

$551.81K

ASTE at $43.11/share

Apr 24, 2015

Sale

Compensation History

See how much did Benjamin G. Brock make over time.

Benjamin G. Brock's compensation as CEO varied significantly over the years. In 2016, he earned a total of $1.07 million, primarily driven by a substantial bonus, demonstrating his alignment with performance metrics set by the company. However, his compensation took a dive in 2018 and 2019, dropping to around $591,017 and $404,334, respectively. This reduction was largely due to unmet performance metrics and the terms of his separation agreement upon resignation. Despite ups and downs, his compensation plan was designed to attract and retain talent, with focus points on company performance goals. The terms during his tenure reflected the cyclical nature of the business, especially in construction-related industries.

Year

2019

Total Compensation

$873.40K

Salary

$28.53K

Board Justification

The compensation program is designed to attract and retain key executives critical to the company's success and shareholder value.

Bonus

$0.00

Board Justification

No annual incentive awards were due to Mr. Brock under the terms of his separation agreement.

Other

$375.81K

Board Justification

Includes severance pay of $250,000 and COBRA benefits reimbursement of $45,496.

Restricted Stock

$469.07K(10.86K RSU)

Board Justification

10,855 restricted stock units vested upon resignation effective January 21, 2019.

Performance Metrics

Performance metrics for the CEO's compensation are based on company performance goals.