Barry Ruffalo has been appointed president and chief executive officer of Astec Industries.
Ruffalo has also been elected to the Astec Industries’ board of directors. His appointment is effective as of August 12.
Ruffalo will join the board of directors as a Class I director and will stand for re-election at the company’s 2020 annual meeting.
“I am excited to join Astec as its CEO and a member of the Board of Directors, Ruffalo said. “I look forward to moving forward with measures to make Astec more profitable and agile while building on the strength of its world-class products.”
Prior to his appointment, Ruffalo was employed by Valmont Industries, a global producer of highly-engineered fabricated metal products, where he served as the group president since 2016, having previously served as its executive vice president of operational excellence, beginning in 2015.
Prior to his work with Valmont Industries, Ruffalo was employed by Lindsay Corporation, a proprietary water management and road infrastructure products and services company.
“After a comprehensive search that included a number of highly qualified candidates, we are excited to hire Mr. Ruffalo,” said Bill Gehl, chairman of Astec. “Barry brings a wealth of experience to Astec. He is a leader that has driven change, understands infrastructure and will add tremendous value.”
In January, Benjamin G. Brock resigned as Astec’s president and CEO. The board appointed Richard J. Dorris to serves as interim CEO until a permanent successor was found.
On the effective date of Ruffalo’s appointment, Dorris will resume his role as chief operating officer.
Astec Industries’ group of companies includes many brands in the infrastructure, aggregate and mining segments, including Carlson Paving, Roadtec, Dillman Equipment, Telsmith Inc, Johnson Crushers and Astec Mobile Screens.
Founded in 1972, Astec Industries now manufactures more than 220 products from rock crushing and screening plants to hot mix asphalt (HMA) facilities, concrete plants, water, gas and oil drilling rigs, geothermal drills, milling machines, asphalt pavers, material transfer vehicles, and wood processing equipment.