Astec Industries, Inc. announced Barry Ruffalo has stepped down as President and Chief Executive Officer and as a member of the Board of Directors, effective immediately. The Board has appointed Jaco van der Merwe to serve as President and Chief Executive Officer and as a member of the Astec Industries Board of Directors. Mr. van der Merwe joined Astec in 2016 as Group President and currently serves as Group President – Infrastructure Solutions, a role he assumed in 2019.

About Jaco van der Merwe: Mr. van der Merwe joined Astec in 2016 as a Group President, after having an impressive eighteen-year career at Atlas Copco including President of Atlas Copco Mining and Rock Excavation in Johannesburg, South Africa. Mr. van der Merwe is a naturalized U.S. citizen, originally from South Africa where he completed his Metallurgical Engineering studies at Tshwane University of Technology and a MBA from the University of Pretoria.