ArcBest Chief Innovation Officer retires Dec 31; consulting payout $22.9k/mo; Anderson succeeds

ARCBEST CORP /DE/

Michael Newcity retires as Chief Innovation Officer effective Dec 31, 2024; will consult for $22,916.67/mo for two years starting Jan 1, 2025.
Dennis Anderson promoted to Chief Strategy and Innovation Officer; base salary increased to $438,000.
Anderson eligible for 65% target bonus, $330k long-term cash incentive, and $220k equity grant.

item 5.02 item 5.05 item 9.01

Executive movements

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

Departed

Michael E. Newcity

Chief Innovation Officer

ARCB · ARCBEST CORP /DE/

Effective: 2024-12-31
Successor: Dennis L. Anderson
Filed: November 4, 2024, 6:59 PM ET

Michael E. Newcity, Chief Innovation Officer of ArcBest Corporation (the “Company”) and President of the Company’s subsidiary, ArcBest Technologies, Inc. , announced his intent to retire in December 2024.

Appointed

Dennis L. Anderson

Chief Strategy and Innovation Officer

ARCB · ARCBEST CORP /DE/

Effective: 2025-01-01
Filed: November 4, 2024, 6:59 PM ET

Dennis L. Anderson, the Company’s Chief Strategy Officer, will assume Mr. Newcity’s responsibilities as Chief Innovation Officer under the new title of Chief Strategy and Innovation Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael E. Newcity departed as Chief Innovation Officer at ARCBEST CORP /DE/.

Action: retire
Role: Chief Innovation Officer

Exact text from the filing

Michael E. Newcity, Chief Innovation Officer of ArcBest Corporation (the “Company”) and President of the Company’s subsidiary, ArcBest Technologies, Inc. , announced his intent to retire in December 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dennis L. Anderson was appointed as Chief Strategy and Innovation Officer at ARCBEST CORP /DE/.

Action: promoted
Role: Chief Strategy and Innovation Officer

Exact text from the filing

Dennis L. Anderson, the Company’s Chief Strategy Officer, will assume Mr. Newcity’s responsibilities as Chief Innovation Officer under the new title of Chief Strategy and Innovation Officer.

View on SEC.gov

ARCBEST CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001558370-24-014196

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