UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 3, 2011 (November 1, 2011)
ARKANSAS BEST CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware |
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0-19969 |
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71-0673405 |
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(State or other |
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(Commission |
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(IRS Employer |
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jurisdiction of |
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File Number) |
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Identification No.) |
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incorporation or |
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organization) |
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3801 Old Greenwood Road
Fort Smith, Arkansas 72903
(479) 785-6000
(Address, including zip code, and telephone number, including area code, of
the registrant’s principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.02. |
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
On November 1, 2011, Arkansas Best Corporation (the “Company”) issued a press release announcing that James A. Ingram has been promoted to Senior Vice President — Strategic Development, effective November 1, 2011.
Since April 2010, Mr. Ingram, who is 44 years old, has served the Company as Vice President of Strategic Development. He had previously served as Vice President-Marketing Development for the Company from January 2008 to April 2010 and as Vice President-Marketing Development for ABF Freight System, Inc. (“ABF”), the Company’s largest subsidiary, from February 2006 through December 2007. From January 2000 through January 2006, Mr. Ingram was ABF’s Director-Quotation Services. Between January 1990 and December 1999, Mr. Ingram served in ABF’s Pricing Department as an Analyst, Senior Analyst and Pricing Manager. Effective November 1, 2011, Mr. Ingram’s annual salary is $285,000.
There are no family relationships between Mr. Ingram and other Company officers or directors and no related person transactions between the Company and Mr. Ingram reportable under Item 404(a) of Regulation S-K.
ITEM 9.01 — Financial Statements and Exhibits.
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99.1 |
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Press release of Arkansas Best Corporation dated November 1, 2011, regarding the announcement of the November 1, 2011 promotion of James A. Ingram to Senior Vice President — Strategic Development |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ARKANSAS BEST CORPORATION
(Registrant)
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Date: |
November 3, 2011 |
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/s/ |
Michael R. Johns |
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Michael R. Johns, | ||
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Vice President — General Counsel and | ||
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Corporate Secretary | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
ARKANSAS BEST CORPORATION NAMES JAMES A. INGRAM
SENIOR VICE PRESIDENT — STRATEGIC DEVELOPMENT
(Fort Smith, Arkansas, November 1, 2011) — Arkansas Best Corporation (Nasdaq: ABFS) announces the appointment of James A. Ingram to the position of Senior Vice President — Strategic Development, effective today. Mr. Ingram, who is 44 years old, has been with the corporation for 21 years and currently serves as Arkansas Best’s Vice President — Strategic Development.
In this role, Mr. Ingram has responsibility for the strategic growth initiatives of Arkansas Best Corporation, leading the continued development and diversification of the company’s logistics service offerings. Additionally, Mr. Ingram will retain his current line management responsibilities for the transportation brokerage and logistics subsidiaries of Arkansas Best.
“Throughout much of his career at our company, Jim Ingram has been directly involved in the development and growth of new initiatives that broaden the scope of services we offer our customers,” said Judy R. McReynolds, Arkansas Best President and Chief Executive Officer. “Going forward, he will direct our corporate efforts to enhance and expand existing offerings and to review potential transportation-related acquisition opportunities. Jim’s leadership in these areas will be critical in leveraging dedicated resources to grow our company in order to best serve the supply chain needs of our customers.”
Since April 2010 Mr. Ingram has served Arkansas Best as Vice President of Strategic Development. Prior to that, beginning in February 2006, he was Vice President of Market Development overseeing specialized services and development of new products. He began his career with the corporation in 1990 as an analyst in ABF®’s pricing department. He held various positions within that department before being named ABF’s Director of Quotation Services in 2000.
Arkansas Best Corporation, headquartered in Fort Smith, Arkansas, is a transportation holding company. ABF Freight System, Inc., Arkansas Best’s largest subsidiary, has been in continuous service since 1923. ABF has evolved from a local less-than-truckload (LTL) motor carrier into a global provider of customizable supply chain solutions. More information is available at arkbest.com and abf.com.
Contact: Mr. David Humphrey, Vice President, Investor Relations and Corporate Communications
Arkansas Best Corporation
Telephone: (479) 785-6200
END OF RELEASE