Public Companies Archive

Stock Awards Push Simmons CEO's Total Pay to $4.6M

by Sarah Campbell-Miller 3/14/2019 10:30 am

Simmons First National Corp. Chairman and CEO George Makris Jr. saw his total compensation double in 2018, to $4.6 million from $2.3 million in 2017, according to the company's proxy statement filed with the Securities & Exchange Commission this week.

Unclaimed Assets Bill, Now Headed to Governor, No 'Cash Grab,' Auditors Say

by Todd Traub 3/14/2019 09:57 am

A bill passed by the Legislature this week addresses the management of unclaimed assets taken by the state, but supporters say the proposal does not amount to the kind of revenue grab described by critics.

Trucking Head Werner Hugo Leaves USA Truck

by Arkansas Business Staff 3/12/2019 03:39 pm

Werner Hugo, the senior vice president of trucking operations for USA Truck Inc. in Van Buren, has resigned.

Hunger Relief Alliance, Razorback Foundation Names New Board Members (Movers & Shakers)

by Arkansas Business Staff 3/11/2019 12:00 am

Jennifer Martinez Belt has been appointed to the board of directors of the Arkansas Hunger Relief Alliance in Little Rock.

J.B. Hunt CEO's Total Pay at $6.8M in 2018

by Sarah Campbell-Miller 3/8/2019 05:27 pm

Executives of J.B. Hunt Transport Services Inc. of Lowell saw huge year-over-year increases in their compensation packages in 2018, due to change in the timing of annual stock awards.

Incentives Boost ArcBest Executives' Pay

by Arkansas Business Staff 3/8/2019 04:10 pm

ArcBest Corp. President and CEO Judy McReynolds made nearly $4.1 million in 2018, a big jump from the $2.1 million she made in 2017, according to the annual proxy statement the company filed with the U.S. Securities & Exchange Commission.

Tommy May Gets 1st 'Legacy of Leadership' Honor; Garver, Blankenship Win Executive of the Year Awards

by Arkansas Business Staff 3/7/2019 08:02 am

Dan Williams of Garver and Lynn Blankenship of Cooperative Christian Ministries and Clinic won executive of the year awards, and former Simmons First National Corp. CEO J. Thomas "Tommy" May was honored for his lifetime of leadership at the 31st annual Arkansas Business of the Year Awards.

Let's You and Him Fight (Gwen Moritz Editor's Note)

by Gwen Moritz 3/4/2019 12:00 am

While I love banks and bankers, I confess to enjoying how irritated they get when the subject is credit unions.

After 'Botch,' Walmart Moves to Keep Disabled Greeters

by Associated Press 3/1/2019 02:51 pm

Walmart endured more than a week's worth of bad publicity before announcing it would make "every effort" to find a role for disabled workers who had been threatened with job loss as the retailer gets rid of greeters at 1,000 stores.

US Economic Growth Slows to 2.6 Percent Rate in 4Q

by Associated Press 2/28/2019 11:05 am

The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a toll on growth. Economists believe growth has slowed even more in the current quarter.

Walmart Is Getting Rid of Greeters, Worrying the Disabled

by Associated Press 2/27/2019 02:27 pm

As Walmart moves to phase out its familiar blue-vested "greeters" at some 1,000 stores nationwide, disabled workers who fill many of those jobs say they're being ill-treated by a chain that styles itself as community-minded and inclusive.

Court Approves First Day Motions in Windstream Bankruptcy

by Sarah Campbell-Miller 2/27/2019 09:10 am

Windstream Holdings Inc. of Little Rock says that it has received approvals from the U.S. Bankruptcy Court for the Southern District of New York for first day motions in the Chapter 11 bankruptcy the company filed on Monday.

Fed's Powell Predicts Solid But Slower Growth in 2019

by Associated Press 2/26/2019 09:22 am

Federal Reserve Chairman Jerome Powell says the U.S. economy should keep expanding at a solid, though somewhat slower pace this year. But he warns of growing risks, including a global slowdown, volatile financial markets and uncertainty about U.S. trade policy.

Dillard's Sales Improve, Income Falls 23 Percent in 2018

by Arkansas Business Staff 2/25/2019 04:55 pm

Net sales for the year that ended Feb. 2 were $6.356 billion, an improvement of about 1.5 percent over the previous fiscal year, which included an additional week.

Hit with $310M Judgment, Windstream Files Chapter 11 Bankruptcy

by Lance Turner 2/25/2019 12:41 pm

Windstream Holdings Inc. of Little Rock files Chapter 11 bankruptcy, less than two weeks after a judge found that the 2015 spinoff of its fiber and copper assets ran afoul of bond covenants, exposing the company to a $310 million judgment.

Windstream Extends CEO Tony Thomas' Contract to 2024

by Sarah Campbell-Miller 2/25/2019 11:59 am

Windstream Holdings Inc. of Little Rock has extended the contract of its CEO, Tony Thomas, to 2024.

Presenting the 31st Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/25/2019 12:00 am

Arkansas Business honors the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

Could You Just Not Do That? (Gwen Moritz Editor's Note)

by Gwen Moritz 2/25/2019 12:00 am

What Jeff Bezos called “the personal cost and embarrassment” might have been avoided had he simply not engaged in such risky online behavior.

John Bogle Inspired Our Arkansas Firm (Alan Tedford Commentary)

by Alan B. Tedford 2/25/2019 12:00 am

Jack Bogle was a man of irreproachable integrity and boundless energy who profoundly improved the mutual fund industry and investing.

Home BancShares' Proxy Shows Most Execs with Pay Increases

by Arkansas Business Staff 2/22/2019 11:25 am

Home BancShares Inc. Chairman Johnny Allison received a $4.7 million compensation package in fiscal 2018, down from $4.8 million in the previous year, according to the company's preliminary proxy statement.