Board Changes - ArcBest has appointed Ann Bordelon and Bobby George as independent directors on its Board, both of whom will serve on the Audit Committee [1] - Fredrik Eliasson and Kathy McElligott will retire from the board effective February 28, 2026, along with Craig Philip on January 28, 2026, resulting in a board of ten directors, eight of whom will be independent [2] New Board Members - Ann Bordelon brings over 36 years of finance experience, currently serving as Executive Vice Chancellor – Finance & Administration at the University of Arkansas, and has held significant roles at Walmart and NOWDiagnostics, enhancing the board's financial expertise [3] - Bobby George has over 25 years of experience in tech strategy and digital innovation, currently serving as Senior Vice President & Chief Digital Officer at Carrier, and has held leadership positions at General Electric and St. Jude Medical, contributing valuable IT expertise to the board [4] Strategic Focus - The addition of Bordelon and George is aimed at sharpening the board's strategic oversight as ArcBest continues to execute its growth plans, emphasizing excellence in governance and ongoing board refreshment [5] - ArcBest is committed to best-in-class corporate governance and is focused on advancing its strategic pillars, which include accelerating profitable growth, increasing efficiency, and driving innovation [6] Company Overview - ArcBest is a multibillion-dollar integrated logistics company founded in 1923, employing 14,000 people across 250 campuses and service centers, and is recognized for its technology and expertise in connecting shippers with logistics solutions [7] - The company is developing innovative technologies, such as Vaux, which was recognized as one of TIME's Best Inventions of 2023, to help customers navigate supply chain challenges [8]
ArcBest Announces Board Appointments and Upcoming Retirements