ArcBest President and CEO Judy R. McReynolds has been elected chairman of the board of directors, succeeding Robert A. Young, who is retiring.
The appointment will be made effective following ArcBest’s 2016 Annual Meeting. McReynolds will retain her position and duties as president and CEO. The retiring Young has served as director of ArcBest since 1970 and has been the board chairman since 2004. He also served as CEO from 1988 until 2006.
“Judy has been a strong leader in her six years as CEO, and as she takes on the role of board chairman, I have great confidence that our company is in the right hands for the future,” said Young.
Also announced was the election of current board member Steven L. Spinner as lead independent director, a newly created position, for a one-year term. Spinner has been a director of the ArcBest board since 2011 and is currently president, CEO and board member of United National Foods.
In his role as lead independent director, Spinner’s duties will include planning, reviewing and approving meeting agendas for the board together with McReynolds. He will also act as a liaison between McReynolds and the independent directors as well as call meetings of the independent directors.
“ArcBest has undergone a significant transformation into a full-service logistics company and there are many ongoing initiatives underway in which the board is deeply engaged," said Spinner. "I look forward to serving in this new position and helping the company reach its next level of success."