Robert A. Young III has been a Director of ArcBest CorporationSM since 1970 and Chairman of the board since July 2004. He was Chief Executive Officer of ArcBest from August 1988 until his retirement in January 2006. He also held the positions of President and Chief Operating Officer. Previously, Mr. Young served as President of ABF FreightSM, ArcBest’s largest subsidiary, from 1979 to 1994. Between 1964 and 1973, he worked as Supervisor of Terminal Operations for ABF Freight; Vice President–General Manager of Data-Tronics Corp. (a subsidiary now known as ArcBest Technologies); Senior Vice President–National Bank of Commerce of Dallas; and as Vice President–Finance and Executive Vice President of ArcBest.
From June 1991 to June 1999, Mr. Young was a Director of Treadco, Inc., a publicly held tire retreader and truck tire dealer, which ArcBest acquired outright in 1999 via a tender offer, and later sold all of its operations in 2000.
In addition, Mr. Young was a member of the board of the Federal Reserve Bank of St. Louis in the Little Rock Branch from July 2004 until his retirement at the end of 2011.
Judy R. McReynolds is President and Chief Executive Officer of ArcBest CorporationSM, responsible for managing the multi-billion dollar freight transportation and logistics services company, including oversight of the operating companies ABF FreightSM, ABF LogisticsSM, Panther Premium LogisticsSM and FleetNet America®. Since 2010, Ms. McReynolds has also held the post of Director of ArcBest Corporation, and is the only member of the company’s senior management who serves on the board. Her 25 years of transportation industry experience, including 18 years at ArcBest, provides significant value to the board.
During her tenure, Ms. McReynolds has evolved the ArcBest strategic focus to expand beyond its core less-than-truckload services in order to better serve customers across the supply chain spectrum. Building upon ABF Freight’s 90-year-old roots as an LTL leader, she is diversifying ArcBest into an all-inclusive transportation and logistics provider through the addition of non-asset-based and asset-light businesses. These include the 2012 purchase of Panther, which provides time-sensitive, mission-critical delivery and premium logistics, and the 2013 formation of ABF Logistics as a complementary sister company to ABF Freight.
Previously, Ms. McReynolds was Senior Vice President – Chief Financial Officer and Treasurer, Vice President – Controller, and Director of Corporate Accounting when she joined the company in 1997. Prior to joining ArcBest, she served as Director of Financial Reporting and Taxation with P.A.M. Transportation Services, Inc. and as a Senior Manager of Ernst & Young LLP.
Ms. McReynolds serves on numerous outside boards including OGE Energy Corp., First National Bank of Fort Smith, the Transportation Industry Council of the Federal Reserve Bank of St. Louis and the Westark Area Council of the Boy Scouts of America. She also serves on the Dean's Executive Advisory Board of the Sam M. Walton College of Business at the University of Arkansas, the UAFS Foundation Board and is a member of the American Trucking Associations Board of Directors and Executive Committee. A Certified Public Accountant, Ms. McReynolds holds a bachelor’s degree in accounting from the University of Oklahoma.
John H. Morris has been a Director of ArcBest CorporationSM since July 1988 and was a Director of Treadco, Inc., a publicly held tire retreader and truck tire dealer, from June 1991 to June 1999. Mr. Morris was affiliated with StoneCreek Capital, a private equity firm, from 1992 to 2008. He held several positions at Kelso & Company, Inc., a boutique private equity firm: Managing Director, General Partner and Vice President. At Kelso, he oversaw several large buyouts, including Spectramed, Inc., IHOP, Arkansas Best Corporation and Landstar Systems. Prior to 1985, Mr. Morris was President of LBO Capital Corp.
Previously, Mr. Morris worked at Booz, Allen and Hamilton, spent three years with the First National Bank of Atlanta and nine years as a management consultant with Touche Ross & Co., a predecessor of Deloitte and Touche.
Mr. Morris has served on numerous boards in addition to ArcBest and Treadco, including Spectramed and Landstar Systems. Currently on the ArcBest board, he’s a member of the Nominating/Corporate Governance Committee and the Compensation Committee.
Mr. Morris received a bachelor’s degree in industrial engineering from Georgia Tech and an M.B.A. in finance from Georgia State University. He received a CPA Certificate from the State of Georgia in 1974.
William M. Legg has been a Director of ArcBest CorporationSM since April 2002. Previously, he was Managing Director at Deutsche Banc Alex.Brown, an investment banking firm. During his 31 years at Alex.Brown, he served as head of its Transportation Group and Co-Head of the Corporate Finance Department. Mr. Legg and his group executed initial public offerings for many logistics companies including: Viking Freight, MS Carriers, Werner Enterprises, J.B. Hunt, Swift, Old Dominion, CH Robinson and Hub Group. Mr. Legg worked on transportation-related transactions for Deutsche Post, PepsiCo, ARA Services, Transport Development Group and ArcBest.
Mr. Legg has significant investment banking experience, including finance, private equity, mergers and acquisitions, capital structures and strategic planning. He has in-depth knowledge of other transportation companies and industry subsets, as well as transportation-related finance. On the ArcBest board, he is the Compensation Committee Chairman and is a member of the Nominating/Corporate Governance Committee. Mr. Legg earned a B.A. from Trinity College and an M.B.A. from Loyola College. Prior to joining Alex.Brown in 1971, he served as an officer in the United States Navy.
Fred A. Allardyce has been a Director of ArcBest and the board’s Audit Committee Chairman and Financial Expert since February 2004. Mr. Allardyce has been Chairman and Chief Executive Officer of Advanced Breath Diagnostics, a development-stage medical diagnostic company, since March 2000, and Chairman of Monitor Instruments, a development-stage scientific instrument firm, since September 2000.
From 1977 through 1999, he was with American Standard Inc., a publicly traded company, holding several positions: Senior Vice President–Medical Products; Chief Financial Officer; Controller; and Assistant Controller. He also served in various financial-related capacities for Joseph E. Seagram & Sons and at Continental Oil Company. Mr. Allardyce was Chairman in the fiscal year 1999–2000 of Financial Executives International, a 15,000-member organization of financial leaders.
Mr. Allardyce has extensive accounting and auditing experience in public and private organizations and has a strong background in financial controls and reporting, financial management, financial analysis, acquisitions, entrepreneurship and investment banking, including finance and private equity. He earned a B.A. in economics from Yale University and an M.B.A. from the University of Chicago Graduate School of Business, where he was the recipient of the Institute of Professional Accountants Fellowship.
John W. Alden has been a Director of ArcBest CorporationSM since May 2005. Mr. Alden retired as Vice Chairman of United Parcel Service of America, Inc. in 2000. From 1988 until his retirement from UPS, he served as a Director of UPS. Mr. Alden worked for UPS for 35 years in various capacities. Currently, Mr. Alden is also a Director of Barnes Group, Inc., Dun & Bradstreet Corp. and Silgan Holdings, Inc.
As Vice Chairman and Senior Vice President–Business Development of UPS, Mr. Alden led a global public transportation company and public company board, and gained expertise in the areas of sales and marketing, operations, customer service, management, senior management, business development and public company board strategic planning and oversight. Mr. Alden, Chairman of the board’s Nominating/ Corporate Governance Committee and member of the board’s Compensation Committee, has served on seven boards over the past 20 years.
Steven L. Spinner has been a Director of ArcBest CorporationSM since July 2011. Mr. Spinner has been President and Chief Executive Officer and a member of the board of directors of United Natural Foods, Inc. since September 2008. Prior to joining UNFI in 2008, he was a Director and Chief Executive Officer of Performance Food Group Company from October 2006 to May 2008 and PFG’s President and Chief Executive Officer from May 2005 to May 2008. He was the Senior Vice President and Chief Executive Officer of PFG’s Broadline Division from February 2002 to May 2005, and the company’s Division President from August 2001 to February 2002.
Mr. Spinner provides the insight and knowledge that comes from years of senior-level executive management, logistical experience and knowledge of network businesses. His background has given him extensive experience in the wholesale food distribution business, which includes overseeing the organic and acquisition growth of a food distribution company and directing the successful integration of the operational, organizational and technological aspects of two companies. Mr. Spinner brings valuable knowledge to the board as an active CEO of a public company. Mr. Spinner currently serves on the Audit Committee.
Craig E. Philip has been a Director of ArcBest CorporationSM since August 2011. Dr. Philip is the retired Chief Executive Officer of Ingram Barge Company. He was named President of Ingram Barge in 1994 until 1999, when he was named Chief Executive Officer. He served the company in that capacity until his retirement in June 2014.
Dr. Philip began his transportation career with Conrail in 1980, worked for Ingram Barge from 1982 until 1987, briefly served as Vice President of the Intermodal Division of South Pacific Railroad, before returning to Ingram Barge in 1991. He has also held adjunct faculty positions at Princeton University and Vanderbilt University.
He provides the board with a unique blend of leadership experience in various modes of freight transportation, as well as industrial marketing and strategic planning experience. Dr. Philip currently serves on the Compensation Committee and Nominating/Corporate Governance Committee.
Dr. Philip holds master’s and doctorate degrees in engineering from the Massachusetts Institute of Technology and an undergraduate degree in civil engineering from Princeton University.
Janice E. Stipp has been a Director of ArcBest CorporationSM since October 2012 and currently serves on the board’s Audit Committee. Ms. Stipp is Executive Vice President, Chief Financial Officer and Treasurer of Tecumseh Products, a global manufacturer of compressors and condensing units for the commercial refrigeration market, a position she’s held since October 2011. Prior to that, she was Chief Financial Officer at Revestone Industries; Acument Global Technologies, a Platinum Equity portfolio company; and GDX Automotive, a Cerberus Equity portfolio company.
Ms. Stipp began her career in 1981 with Lear Siegler, working in Corporate Audit. From 1984 to 1999, she worked for General Motors Corp. in a variety of financial roles. She has over 32 years of financial and accounting experience with a variety of industrial companies. She has a strong background in financial controls, auditing, financial management and accounting, acquisitions and treasury. She is experienced in corporate restructuring, having led turnaround efforts at several of the private equity-sponsored firms where she worked. She has also held the corporate controller position and has held several treasury-related positions.
Ms. Stipp has extensive experience working with boards of directors at several firms, and brings valuable knowledge to the Audit Committee.
She graduated from Michigan State University in 1981 with a B.A. in accounting and received her CPA certification in 1983 and an M.B.A. from Wayne State University in 1987.