ArcBest names Matt Beasley as CFO effective May 14, 2023; David Cobb retires after 17 years

ARCBEST CORP /DE/

Matt Beasley, current treasurer, becomes CFO and treasurer effective May 14, 2023, succeeding David Cobb who retires.
Beasley joined ArcBest in 2022; previously 15 years at Enable Midstream Partners in senior finance roles.
Cobb will stay as senior advisor for transition; he retires after 17-year career at ArcBest.
Beasley's base salary increased to $450,000; eligible for 65% short-term incentive and $90,000 long-term incentive for 2023.
Starting 2024, Beasley's target long-term cash incentive will be $300,000; also receives equity grant target value $300,000.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

David Cobb

vice president and chief financial officer

ARCB · ARCBEST CORP /DE/

Effective: 2023-05-14
Successor: Matt Beasley
Filed: April 6, 2023, 7:59 PM ET

David Cobb, vice president and chief financial officer of the Company, had informed the Company that he will be retiring in October 2023.

Appointed

Matt Beasley

vice president – chief financial officer and treasurer

ARCB · ARCBEST CORP /DE/

Effective: 2023-05-14
Filed: April 6, 2023, 7:59 PM ET

Matt Beasley, currently the Company’s vice president and treasurer, will replace Mr. Cobb and become vice president – chief financial officer and treasurer, effective May 14, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Cobb retired as vice president and chief financial officer at ARCBEST CORP /DE/.

Action: retired
Role: vice president and chief financial officer

Exact text from the filing

David Cobb, vice president and chief financial officer of the Company, had informed the Company that he will be retiring in October 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matt Beasley was appointed as vice president – chief financial officer and treasurer at ARCBEST CORP /DE/.

Action: appointed
Role: vice president – chief financial officer and treasurer

Exact text from the filing

Matt Beasley, currently the Company’s vice president and treasurer, will replace Mr. Cobb and become vice president – chief financial officer and treasurer, effective May 14, 2023.

View on SEC.gov

ARCBEST CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001558370-23-005524

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