Industry & Services >> CEO Interviews >> November 28, 2000

Richard Bethea Jr. – Astec Industries Inc (aste)

RICHARD W. BETHEA, JR. is Executive Vice President/Administration and Secretary of Astec Industries, Inc. in Chattanooga, Tennessee. Astec is a publicly traded company that is one of the world's leading manufacturers of equipment for asphalt road construction, aggregate processing and pipeline and utility excavation. Before joining Astec in February 1997, Mr. Bethea was in private practice for 19 years, specializing in product liability defense and complex business litigation. He served as national litigation counsel for a number of companies and was head of the litigation department of Stophel & Stophel, P.C. in Chattanooga, Tennessee. He also served as co-chair of the Litigation Section of Commercial Law Affiliates. Mr. Bethea received his undergraduate degree in Business Administration and his Law degree from the University of Georgia. In 1984, he was certified as a specialist in civil trial advocacy by the National Board of Trial Advocacy. He is licensed to practice in both Tennessee and Georgia and is admitted to practice before the US Supreme Court, the US Courts of Appeals for the Second, Fourth, Sixth, Ninth, Eleventh and Federal Circuits, and numerous federal district courts around the country. Mr. Bethea is a member of Litigation and Torts and Insurance Practice Sections of the ABA, the Tennessee Bar Association, the State Bar of Georgia, the Tennessee Defense Lawyers Association, the Defense Research Institute and the Christian Legal Society. Profile
TWST: Would you start by giving us a brief overview of Astec Industries?

Mr. Bethea: Astec Industries, Inc. was founded in 1972, to design,

manufacture and sell hot-mix asphalt plants for the