ABF Freight President Seth Runser Appointed President of ArcBest
18 Julho 2024 - 10:10AM
Business Wire
Vice President of Engineering at ABF, Matt
Godfrey, Appointed ABF President
ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics,
announced today that Seth Runser, president of ABF Freight, will
become president of ArcBest effective August 1, 2024. Judy R.
McReynolds will remain chief executive officer and chairman of the
board.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240718545014/en/
Left to right: Matt Godfrey, Judy
McReynolds, Seth Runser (Photo: Business Wire)
Runser has been president of ABF Freight since 2021. In this
role, he has navigated unprecedented change — guiding ABF through a
global pandemic, successfully renewing a five-year union labor
agreement and leading an ongoing transformation of ABF that drove
eight quarters of record results. During Runser’s tenure, ABF has
improved profitability, increased employee productivity and
implemented innovations that have significantly enhanced efficiency
and sustainability. He has also overseen the creation of ABF’s
long-term facility plan to enable accelerated growth, adding over
500 doors since 2021. Runser joined ArcBest over 17 years ago as a
management trainee, gaining experience in roles of increasing
responsibility across operations, linehaul and executive
management.
“Seth has made tremendous contributions to ArcBest’s success
over his time with our company, including as president of ABF,”
said Judy R. McReynolds, ArcBest chairman, president and CEO.
“Under his leadership, ABF has consistently delivered record
results and has made great strides in enhancing profitability and
operational efficiency. His deep knowledge of the business,
innovative spirit and commitment to advancing ArcBest’s mission and
strategy make him the right person to succeed me as president. I
look forward to working alongside him and the rest of the team as
we advance our strategy for long-term growth and value creation for
the benefit of our employees, customers and shareholders.”
“I am grateful for Judy’s vision and leadership, and look
forward to serving in this new capacity,” said Runser. “With our
innovative mindset and integrated solutions, ArcBest is uniquely
positioned to help customers solve their most complex logistics
challenges. I am committed to accelerating growth, increasing
efficiency and driving continued innovation. Our people are at the
heart of our success, having served our customers with excellence
and innovative solutions for more than a century.”
Matt Godfrey, current vice president of engineering at ABF, will
assume the role of ABF president to succeed Runser, effective Aug.
1, 2024. Godfrey began his current role in 2021 and has been
instrumental in driving ABF’s optimization efforts and improvements
of the business. He has been with ABF for 20 years, starting as a
management trainee and serving in several roles of increasing
responsibility.
“Working closely with Seth on the ongoing execution of ABF’s
transformation, Matt’s leadership has already brought about
significant improvements to ABF,” said McReynolds. “He has guided
our optimization efforts, which have increased capacity and
delivered value for customers, and he deeply understands the ABF
network, our strategy and our Quality Process. His commitment to
our people and ABF’s success is unwavering, and I am confident that
under his guidance, the business will continue to grow and reach
new heights.”
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 15,000 employees across 250 campuses
and service centers, the company is a logistics powerhouse, using
its technology, expertise and scale to connect shippers with the
solutions they need — from ground, air and ocean transportation to
fully managed supply chains. ArcBest has a long history of
innovation that is enriched by deep customer relationships. With a
commitment to helping customers navigate supply chain challenges
now and in the future, the company is developing ground-breaking
technology like Vaux™, one of the TIME Best Inventions of 2023. For
more information, visit arcb.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240718545014/en/
Media Contact: Autumnn Mahar Email:
amahar@arcb.com Phone: 479-494-8221
ArcBest (NASDAQ:ARCB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
ArcBest (NASDAQ:ARCB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024