Barry Ruffalo's holdings in Astec Industries peaked during his tenure, particularly in early 2021 when the value reached approximately $4.01 million. Over the following months, his holdings fluctuated but consistently stayed above the $2 million mark until his departure in...
Barry Ruffalo's holdings in Astec Industries peaked during his tenure, particularly in early 2021 when the value reached approximately $4.01 million. Over the following months, his holdings fluctuated but consistently stayed above the $2 million mark until his departure in early 2023. Despite his exit, he held substantial equity value due to stock awards that vested during his employment. His decision to sell shares also indicates a strategic approach to managing personal wealth alongside his role as CEO. After announcing his departure, his holdings showed a sharp decline in value, reflecting investor sentiment and market dynamics during that period, with his portfolio dropping to around $3 million by the end of the year. This showcases how a CEO's financial health can be closely tied to their company's performance and investor sentiment.