Astec Industries, Inc. announced that Benjamin G. Brock has resigned as President and CEO and as a member of the Board of Directors, effective as of the close of business on January 21, 2019. The Board has appointed Richard J. Dorris, P.E., who has served as Executive Vice President and Chief Operating Officer since 2014, to serve as interim CEO until a permanent successor is named. In addition, the Board has appointed William D. Gehl, a current member of Astec’s Board, as Chairman of the Board, effective immediately.
The Astec Board has initiated a search process to identify a permanent CEO and will be working with a leading executive search firm to assist in its efforts.
Richard J. Dorris, P.E., has served as the Company's Chief Operating Officer and Executive Vice President since January 2014. He previously served as the Group Vice President and President of the Company's Energy Group from August 2012 to December 2013 and as President of Heatec, Inc. from 2004 to January 2014. From 1999 to 2004, he held the positions of National Accounts Manager, Project Manager and Director of Projects for Astec, Inc. Prior to joining Astec, Inc., he was President of Esstee Manufacturing Company from 1990 to 1999 and was Sales Engineer from 1984 to 1990. Mr. Dorris is a Professional Engineer licensed in Tennessee.
Astec Industries, Inc. is a manufacturer of specialized equipment for asphalt road building; aggregate processing; oil, gas and water well drilling; wood processing and concrete production.
