Dr. J. Don Brock, born in 1941, has been a driving force at Astec Industries since its inception in 1972. With a PhD in Engineering from the Georgia Institute of Technology, he kicked off his career as president of the...

Dr. J. Don Brock, born in 1941, has been a driving force at Astec Industries since its inception in 1972. With a PhD in Engineering from the Georgia Institute of Technology, he kicked off his career as president of the Asphalt Division of CMI Corporation before founding Astec. Over the years, Dr. Brock transitioned from CEO to Executive Chairman but remains hands-on, focusing on product development and sales. His leadership style emphasizes performance-based metrics, ensuring the company stays aligned with its goals. Notably, Dr. Brock has navigated significant economic challenges, influencing Astec's strategy towards innovations in the asphalt and aggregate industries. From 2010 to 2014, he experienced fluctuations in annual compensation, peaking at $1.3 million in 2011, showing a direct link between his pay and the company's performance. Under his guidance, Astec has consistently pushed through market cycles, adapting to changes in demand and competition. Interestingly, Dr. Brock's son, Benjamin G. Brock, took over as CEO in 2014, ensuring continuity in leadership and vision for the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Astec Industries CEOs

A

Dr. J. Don Brock

Founder and Ex-CEO of Astec Industries

Education

PhD in Engineering

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1941 - 84 years ago

CEO of Astec Industries for

14 years 0 months (Jan 2000 - Jan 2014)

Previous Experience

Chairman and Chief Executive Officer of Astec Industries, Inc.

Rivals

Competitors/colleagues of Dr. J. Don Brock

E

Craig Arnold

CEO of Eaton Corporation

2023 Compensation

Stock

$18.84M

Salary

$1.44M

Bonus

$0.00

Other

$234.61K

Total Holdings

$23.28M

K

Christopher Rossi

CEO of Kennametal

2022 Compensation

Stock

$0.00

Salary

$962.06K

Bonus

$195.84K

Other

$0.00

Total Holdings

$8.08M

Holdings

See how much did Dr. J. Don Brock make over time.

Dr. J. Don Brock has made substantial investments in Astec Industries, with his holdings fluctuating significantly over the years. His financial investments reached a peak of approximately $8 million around early 2021. The value of his stock holdings has seen...

Dr. J. Don Brock has made substantial investments in Astec Industries, with his holdings fluctuating significantly over the years. His financial investments reached a peak of approximately $8 million around early 2021. The value of his stock holdings has seen sharp variations, marking his commitment to the company's long-term prospects. For example, the peak value of his holdings reached $8.08 million in March 2021, showcasing a substantial recovery in stock value during a booming market. This was followed by a decline, with values dipping to under $4 million by late 2023. His financial journey with Astec reflects a blend of confidence in the company's innovative capabilities and the cyclical nature of the construction industry, proving his long-term vision.

Total Stock Sold

$2.86M

ASTE

$2.86M

78,322 ASTE shares

What if they kept their stock?

If Dr. J. Don Brock didn't sell their stock, today they would have:
Extra ASTE78,322 shares worth $2.80M.
This is -2.4% and $68.62K less than what they got when they sold the stock.

Charitable Transactions

ASTE

433,856 shares

ASTE

Recent Charitable Transactions

ASTE

1,500 shares

ASTE

Oct 24, 2014

Charity

ASTE

3,000 shares

ASTE

Jan 8, 2014

Charity

ASTE

27,027 shares

ASTE

Dec 31, 2013

Charity

ASTE

750 shares

ASTE

Oct 28, 2013

Charity

ASTE

3,000 shares

ASTE

Dec 11, 2012

Charity

ASTE

379,819 shares

ASTE

Jul 11, 2012

Charity

Insider Trading

See recent insider trades of Dr. J. Don Brock.

ASTE

1,500 shares

ASTE

Oct 24, 2014

Charity

ASTE

$526.89K

ASTE at $40.53/share

Feb 28, 2014

Sale

ASTE

3,000 shares

ASTE

Jan 8, 2014

Charity

ASTE

27,027 shares

ASTE

Dec 31, 2013

Charity

ASTE

750 shares

ASTE

Oct 28, 2013

Charity

ASTE

$169.51K

ASTE at $35.21/share

Aug 13, 2013

Sale

ASTE

$287.06K

ASTE at $35.50/share

Aug 2, 2013

Sale

ASTE

$604.74K

ASTE at $35.37/share

Jul 31, 2013

Sale

ASTE

3,000 shares

ASTE

Dec 11, 2012

Charity

ASTE

379,819 shares

ASTE

Jul 11, 2012

Charity

Compensation History

See how much did Dr. J. Don Brock make over time.

Dr. J. Don Brock's compensation at Astec Industries has experienced quite a few ups and downs over the years. In 2011, he earned a total of $1.3 million, which was significantly high compared to other years, primarily due to his bonus linked to the company's strong performance. However, in 2014, his total compensation dropped to about $708,481 as he transitioned to the Executive Chairman role, which marked a decline due to the absence of stock options or bonuses tied to performance. Throughout his tenure, the company’s pay structure remained heavily tied to performance metrics, including return on capital employed and cash flow. Despite the downturns in annual earnings, it shows a strategic alignment with the company's goals, emphasizing that executive pay at Astec is heavily linked to the financial success and performance of the organization.

Year

2014

Total Compensation

$708.48K

Salary

$600.00K

Board Justification

The compensation program is designed to attract and retain key executives critical to the Company's success, with a significant portion tied to performance metrics.

Bonus

$0.00

Board Justification

No bonuses were earned for 2014 for corporate officers who do not also have individual Group responsibilities.

Other

$108.48K

Board Justification

Includes employer contributions to 401(k) plan, SERP contributions, personal use of company plane, and other benefits.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No RSUs were granted to Dr. Brock for performance under the 2011 Incentive Plan for 2014 as the performance targets were not met.

Performance Metrics

Performance metrics include return on capital employed and cash flow on capital employed.

Other Astec Industries CEOs

Here are other CEOs of Astec Industries

Benjamin G. Brock

Ex-CEO of Astec Industries

January 2014 - January 2019