0001558370-22-018533.txt : 20221212 0001558370-22-018533.hdr.sgml : 20221212 20221212083610 ACCESSION NUMBER: 0001558370-22-018533 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20221206 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20221212 DATE AS OF CHANGE: 20221212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARCBEST CORP /DE/ CENTRAL INDEX KEY: 0000894405 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 710673405 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19969 FILM NUMBER: 221456255 BUSINESS ADDRESS: STREET 1: 8401 MCCLURE DRIVE CITY: FORT SMITH STATE: AR ZIP: 72916 BUSINESS PHONE: 4797856000 MAIL ADDRESS: STREET 1: P O BOX 10048 CITY: FORT SMITH STATE: AR ZIP: 72917-0048 FORMER COMPANY: FORMER CONFORMED NAME: ARKANSAS BEST CORP /DE/ DATE OF NAME CHANGE: 19930917 8-K 1 arcb-20221206x8k.htm 8-K
0000894405false00008944052022-12-062022-12-06

June 30

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): December 12, 2022 (December 6, 2022)

ARCBEST CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

0-19969

71-0673405

(State or other jurisdiction of incorporation or organization)

(Commission

File Number)

(IRS Employer

Identification No.)

8401 McClure Drive

Fort Smith, Arkansas 72916

(479) 785-6000

(Address, including zip code, and telephone number, including area code, of

the registrant's principal executive offices)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock $0.01 Par Value

ARCB

Nasdaq

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.

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

ITEM 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 6, 2022, David Cobb, vice president and chief financial officer of ArcBest Corporation (the “Company”), informed the Company that he will be retiring in October 2023.

ITEM 7.01 – REGULATION FD DISCLOSURE

On December 12, 2022, the Company issued a press release announcing that Mr. Cobb will be retiring and that the Company has commenced a formal search for its next chief financial officer. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated into this Item 7.01 by reference.

The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this report may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing of Mr. Cobb’s retirement as chief financial officer and our plans for identifying his successor. Although we believe that the expectations reflected in these forward-looking statements are reasonable as and when made, we cannot provide assurance that our expectations will prove to be correct. Actual outcomes could materially differ from what is expressed, implied, or forecasted in these statements due to a number of factors, including, but not limited to, the timing of Mr. Cobb’s retirement and the time required to identify his successor. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events, or otherwise.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description of Exhibit

99.1*

Press release of ArcBest dated December 12, 2022

104

Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

*Furnished herewith.

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.

ARCBEST CORPORATION

(Registrant)

Date:

December 12, 2022

/s/ Michael R. Johns

Michael R. Johns

Vice President – General Counsel

and Corporate Secretary

EX-99.1 2 arcb-20221206xex99d1.htm EX-99.1 December 31

Exhibit 99.1

Graphic

Media Contact: Autumnn Mahar

Email: amahar@arcb.com

Phone: 479-494-8221

ArcBest Chief Financial Officer David Cobb to Retire in October 2023

FORT SMITH, Arkansas, December 12, 2022 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that David Cobb, chief financial officer, will retire in October 2023 after a 17-year career with the company.

Cobb has been CFO at ArcBest since 2015. He joined the company in 2006 as vice president, controller and chief accounting officer. Prior to working for ArcBest, he held accounting and financial roles in the oil and gas industry and at a Big 4 public accounting firm.

“In his time at ArcBest, David has made significant and meaningful contributions to our company. His collaborative spirit has been so valuable as ArcBest transformed into a leading logistics company,” said Judy R. McReynolds, ArcBest chairman, president and CEO. “David is a person with strong values and works tirelessly to advance our mission and strategy. Despite the demanding nature of his role, he is a constant, steady force. I thank David for his dedication and service to our company, and I wish him, his wife Carenda and their family the very best. He will be greatly missed.”

During Cobb’s tenure, ArcBest experienced record-setting financial results, growing revenues from $1.9B in 2006 to over $5B in the last twelve months. Under Cobb’s leadership, ArcBest further strengthened its accounting and financial functions, as well.  

“I am so fortunate to have worked the last 17 years at ArcBest where we truly have some of the best people in the business. It has been an honor to serve as CFO of ArcBest,” Cobb said.

ArcBest has launched a formal search for its next chief financial officer.  

ABOUT ARCBEST

ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with over 15,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet customers’ critical needs, each and every day. For more information, visit arcb.com.

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing of Mr. Cobb’s retirement as chief financial officer and our plans for identifying his successor. Although we believe that the expectations reflected in these forward-looking statements are reasonable as and when made, we cannot provide assurance that our expectations will prove to be correct. Actual outcomes could materially differ from what is expressed, implied, or forecasted in these statements due to a number of factors, including, but not limited to, the timing of Mr. Cobb’s retirement and the time required to identify his successor. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events, or otherwise.

1


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Document and Entity Information
Dec. 06, 2022
Cover [Abstract]  
Document Type 8-K
Document Period End Date Dec. 06, 2022
Entity Registrant Name ARCBEST CORPORATION
Entity Incorporation, State or Country Code DE
Securities Act File Number 0-19969
Entity Tax Identification Number 71-0673405
Entity Address, Address Line One 8401 McClure Drive
Entity Address, City or Town Fort Smith
Entity Address, State or Province AR
Entity Address, Postal Zip Code 72916
City Area Code 479
Local Phone Number 785-6000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock $0.01 Par Value
Trading Symbol ARCB
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0000894405
Amendment Flag false
XML 8 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
N-2
Dec. 06, 2022
Cover [Abstract]  
Entity Central Index Key 0000894405
Amendment Flag false
Securities Act File Number 0-19969
Document Type 8-K
Entity Registrant Name ARCBEST CORPORATION
Entity Address, Address Line One 8401 McClure Drive
Entity Address, City or Town Fort Smith
Entity Address, State or Province AR
Entity Address, Postal Zip Code 72916
City Area Code 479
Local Phone Number 785-6000
Entity Emerging Growth Company false
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