– USA, TN – Astec Industries, Inc. (Nasdaq:ASTE) today announced that Tracey H. Cook, President, AMECO Business Line of Fluor Corporation, has been appointed to the Company’s Board of Directors and will also serve as a member of the Board’s Audit Committee, effective November 14, 2018. Ms. Cook’s initial term as a director will expire at the Company’s 2019 annual meeting of shareholders, and the Company anticipates that she will stand for reelection at that time.
Ms. Cook, 51, has served as President of AMECO, a service provider of construction equipment, tools and scaffolding solutions since 2014. Ms. Cook began her career with Fluor Corporation, a Fortune 200 engineering and construction company, in 1989 and has held various leadership positions throughout her nearly 30-year tenure with the company.
Benjamin G. Brock, Chief Executive Officer, stated, “We are delighted to welcome Tracey to the Astec Board and look forward to benefiting from Tracey’s significant experience in optimizing operations, international business, and the construction equipment industry. As we continue to execute on our strategy, we anticipate Tracey’s contributions will help to enhance shareholder value.”
Ms. Cook said, “I am excited and honored to be joining the Astec Board and look forward to working with my fellow Board members to enhance value for Astec’s shareholders.”
About Tracey Cook
Ms. Cook is a Vice President of Fluor and President of AMECO. Fluor is a Fortune 500 engineering and construction company and AMECO offerings include construction equipment, tools and scaffolding solutions. Ms. Cook joined Fluor Corporation in 1989 and, beginning in 2001, served as AMECO’s CFO, VP of Regional Operations for North America/Caribbean and Chief Operations Office for the business globally before becoming its President in 2014. Prior to 2001, she worked in finance on multiple projects with various industry groups in addition to new business and e-commerce initiatives for Fluor. She then transferred to AMECO where she was instrumental in divesting the North American commercial equipment dealerships in 2001. She has a B.S. in Accounting from the University of South Carolina and has completed several executive management and leadership programs including Wharton and Thunderbird.
About Astec Industries, Inc.
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. Astec’s manufacturing operations are divided into three primary business segments: road building, specialized industrial products, and related equipment (Infrastructure Group); aggregate processing and mining equipment (Aggregate and Mining Group); and equipment for the extraction and production of fuels, biomass production, commercial and industrial burners, concrete production and water drilling equipment (Energy Group).
For more information : http://www.astecindustries.com
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