ArcBest appoints Jason Parks as VP-Controller and CAO effective March 1, 2023, with compensation details

ARCBEST CORP /DE/

Jason Parks to become VP-Controller and CAO effective March 1, 2023, replacing Traci Sowersby.
Base salary increase; eligible for short-term incentive at 40% of base salary for FY2023.
Long-term cash incentive target of $115,000 for three-year period ending Dec 31, 2025.
Equity grant target value of $115,000, to be approved by Compensation Committee in Q2 2023.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Traci L. Sowersby

vice president – controller and chief accounting officer

ARCB · ARCBEST CORP /DE/

Effective: 2023-03-01
Successor: Jason Parks
Filed: February 24, 2023, 6:59 PM ET

On January 18, 2022, ArcBest Corporation (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) disclosing that Jason Parks, then the assistant corporate controller, would replace Traci L. Sowersby, vice president – controller and chief accounting officer of the Company, and that Mr. Parks would become vice president – controller and chief accounting officer and the principal accounting officer of the Company, effective March 1, 2023.

Appointed

Jason Parks

vice president – controller and chief accounting officer

ARCB · ARCBEST CORP /DE/

Effective: 2023-03-01
Filed: February 24, 2023, 6:59 PM ET

On January 18, 2022, ArcBest Corporation (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) disclosing that Jason Parks, then the assistant corporate controller, would replace Traci L. Sowersby, vice president – controller and chief accounting officer of the Company, and that Mr. Parks would become vice president – controller and chief accounting officer and the principal accounting officer of the Company, effective March 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Traci L. Sowersby departed as vice president – controller and chief accounting officer at ARCBEST CORP /DE/.

Action: departed
Role: vice president – controller and chief accounting officer

Exact text from the filing

On January 18, 2022, ArcBest Corporation (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) disclosing that Jason Parks, then the assistant corporate controller, would replace Traci L. Sowersby, vice president – controller and chief accounting officer of the Company, and that Mr. Parks would become vice president – controller and chief accounting officer and the principal accounting officer of the Company, effective March 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Parks was appointed as vice president – controller and chief accounting officer at ARCBEST CORP /DE/.

Action: appointed
Role: vice president – controller and chief accounting officer

Exact text from the filing

On January 18, 2022, ArcBest Corporation (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) disclosing that Jason Parks, then the assistant corporate controller, would replace Traci L. Sowersby, vice president – controller and chief accounting officer of the Company, and that Mr. Parks would become vice president – controller and chief accounting officer and the principal accounting officer of the Company, effective March 1, 2023.

View on SEC.gov

ARCBEST CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001558370-23-001987

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.