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The latest update is out from ArcBest ( (ARCB) ).
ArcBest Corporation’s Chief Innovation Officer, Michael E. Newcity, will retire in December 2024, transitioning to a consulting role with the company until 2026. He will be compensated with a monthly fee and subject to non-compete agreements. Dennis L. Anderson, the current Chief Strategy Officer, will succeed him, receiving a salary increase and performance-based incentives. This change reflects strategic shifts in leadership and financial planning at ArcBest, appealing to those tracking executive movements and compensation in the financial markets.
For a thorough assessment of ARCB stock, go to TipRanks’ Stock Analysis page.
