ArcBest Announces Strategic Board Changes to Enhance Governance and Growth

Ann Bordelon joins ArcBest’s Board with an impressive background in finance spanning over 36 years. Currently serving as Executive Vice Chancellor for Finance and Administration at the University of Arkansas, Bordelon has also held key roles in the corporate sector. Her previous experience includes serving as Chief Financial Officer at NOWDiagnostics and holding various executive positions at Walmart, most notably as CFO of Sam’s Club and Walmart Asia.

Bordelon's extensive expertise in fiscal strategy and performance optimization is expected to significantly strengthen the board's capabilities in navigating the complexities of the logistics market.

Bobby George brings over 25 years of experience in technology strategy and digital innovation to the board. He currently serves as Senior Vice President and Chief Digital Officer at Carrier, a leading provider in intelligent climate and energy solutions. George’s prior roles include Senior Vice President and Chief Information Officer at General Electric, where he was instrumental in driving tech initiatives across manufacturing and engineering sectors.

His track record of implementing transformative business strategies positions him to contribute valuable insights into ArcBest's technological advancements and digital transformation efforts.

The press release outlined that Fredrik Eliasson and Kathy McElligott will retire from the board effective February 28, 2026, following the earlier retirement of Craig Philip on the same day. Eliasson, who joined the board in 2019, has utilized his financial acumen and transportation expertise to guide ArcBest through a rapidly changing freight landscape. McElligott, a board member since 2015, has been a pivotal figure in shaping the company's governance framework, serving as chair of the Compensation Committee and contributing to the Nominating and Corporate Governance Committee.

Seth Runser, ArcBest's president and CEO, expressed gratitude for the significant contributions of the retiring directors, stating, “We are grateful for Craig’s, Kathy’s, and Fredrik’s leadership and their significant contributions during a period of growth and transformation for ArcBest.”

The recent board changes are part of ArcBest's strategy to continually assess its board composition and ensure it possesses a diverse array of skills and capabilities. The company remains focused on principles of best-in-class corporate governance while advancing its strategic pillars: accelerating profitable growth, enhancing efficiency, and driving innovation.

Runser emphasized the importance of these changes, stating, “The addition of new perspectives and highly additive skills is consistent with our focus on excellence in governance and ongoing board refreshment, ensuring that ArcBest is well-positioned to deliver sustainable growth and long-term value for shareholders.”

Founded in 1923, ArcBest has evolved into a multibillion-dollar integrated logistics company. With a workforce of 14,000 employees spread across 250 campuses and service centers, the company utilizes its technological capabilities to connect shippers with comprehensive logistics solutions. Notably, ArcBest has been recognized for innovation, including its development of Vaux™, named one of TIME's Best Inventions of 2023.

As ArcBest moves forward with a refreshed board, it aims to enhance its strategic oversight and continue delivering value to its shareholders while addressing the complexities of modern supply chain challenges.