FORT
SMITH, Ark., April 6,
2023 /PRNewswire/ -- ArcBest® (Nasdaq:
ARCB), a leader in supply chain logistics, today announced it has
named Matt Beasley as its next chief
financial officer and treasurer, effective May 14, 2023. Beasley, ArcBest's current
treasurer, will succeed David Cobb,
who is retiring after a 17-year career with the company. Cobb will
continue with ArcBest as a senior advisor to ensure a seamless
transition.
Beasley joined the company in early 2022 and has over 20 years
of financial experience, including executive-level roles in
treasury, investor relations, enterprise risk management, and
financial planning and analysis. At ArcBest, Beasley has played an
instrumental role in the renegotiation of the company's revolving
credit facility, long-term capital allocation planning and the sale
of FleetNet America to Cox Automotive Mobility Solutions. Before
joining ArcBest, he spent nearly 15 years at Enable Midstream
Partners and its predecessor companies.
"Matt is a well-rounded and experienced leader who has
positively impacted our organization, and I look forward to working
closely with him as the next CFO," said Judy R. McReynolds, ArcBest chairman, president
and CEO. "Since joining ArcBest last year, Matt has become an
invaluable contributor, and we will continue to leverage his
experience and expertise as we advance our growth strategy. On
behalf of the ArcBest board and the entire team, we also thank
David for his significant contributions over the last 17 years, and
we wish him the very best in his retirement."
"I am excited for the opportunity to serve ArcBest as its next
CFO," Beasley stated. "It's an honor to be part of such a talented
and dedicated team, and I look forward to working together as we
build on our 100-year track record of success."
Beasley holds a bachelor's degree in finance and MIS from The
University of Tulsa and a Master of
Business Administration in entrepreneurship from St. Edward's University.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar
integrated logistics company that helps keep the global supply
chain moving. Founded in 1923 and now with over 15,000 employees
across nearly 250 campuses and service centers, the company is a
logistics powerhouse, fueled by the simple notion of finding a way
to get the job done. Through innovative thinking, agility and
trust, ArcBest leverages its full suite of shipping and logistics
solutions to meet customers' critical needs, each and every day.
For more information, visit arcb.com.
Investor Relations
Contact: David Humphrey
|
Media Contact:
Autumnn Mahar
|
Title: Vice
President – Investor Relations
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Title: Senior
Manager, PR & Social
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Phone:
479-785-6200
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Phone:
479-494-8221
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Email:
dhumphrey@arcb.com
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Email:
amahar@arcb.com
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SOURCE ArcBest