Jaco G. van der Merwe
Also at ASTEC INDUSTRIES
About
Jaco G. van der Merwe is a naturalized U.S. citizen originally from South Africa with a solid educational background in Metallurgical Engineering and Business Administration, which laid the foundation for his diverse career in leadership roles.
He began his professional journey with roles at Denel Aviation before moving through various positions at Atlas Copco/Epiroc, where he developed expertise in quality, sales, marketing, and global manufacturing operations.
At ASTE, he joined the company in August 2016 as Group President – Energy and steadily advanced through the ranks, serving as Group President for the Infrastructure Solutions Group from January 2019, before assuming his current role as President and CEO in January 2023, where he focuses on driving operational excellence and innovation.
$ASTE Performance Under Jaco G. van der Merwe
Past Roles
Fixed Compensation
Performance Compensation
Performance Stock Units (PSUs)
Non-Equity Incentive Plan Compensation
These components align executive performance with shareholder returns through clearly defined metrics, thresholds, and vesting schedules.