secwatch.observer — SEC 8-K summary
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Issuer:     ARCBEST CORP /DE/ (ARCB)
CIK:        0000894405
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0001558370-23-005524
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894405/000155837023005524/0001558370-23-005524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894405/000155837023005524/arcb-20230406x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-005524

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