secwatch.observer — SEC 8-K summary
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Issuer:     ARCBEST CORP /DE/ (ARCB)
CIK:        0000894405
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001558370-24-009876
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ArcBest appoints Seth Runser as president; ABF president Matt Godfrey succeeds him
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- Seth Runser, ABF Freight president since 2021, becomes ArcBest president effective Aug 1, 2024; Judy McReynolds remains CEO and chairman.
- Runser's annual base salary set at $575,000, target cash incentive at 80% of base, long-term cash incentive $600,000 from 2025, equity grant target $400,000 in 2025.
- Matt Godfrey, VP of Engineering at ABF, appointed as ABF president effective Aug 1, 2024, succeeding Runser.
- Runser led ABF through pandemic, union renewal, and eight quarters of record results; added over 500 doors since 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894405/000155837024009876/0001558370-24-009876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894405/000155837024009876/arcb-20240717x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009876

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