David Cobb, CFO of ArcBest Corp. of Fort Smith
David Cobb, the chief financial officer at ArcBest Corp. of Fort Smith, will retire in October of next year, the company said.
Cobb has been the CFO at ArcBest since 2015 after joining the company in 2006 as controller; he became ArcBest’s chief accounting officer in 2010. Cobb was promoted to replace Michael Newcity, who became the company’s chief innovation officer.
“I am so fortunate to have worked the last 17 years at ArcBest where we truly have some of the best people in the
Business,” Cobb said. “It has been an honor to serve as CFO of ArcBest.”
Cobb earned slightly more than $2.6 million in total compensation in 2021, according to a proxy statement filed with the U.S. Securities & Exchange Commission in March 2022. ArcBest said it has started a search for a new CFO.
“In his time at ArcBest, David has made significant and meaningful contributions to our company,” ArcBest CEO Judy McReynolds said. “His collaborative spirit has been so valuable as ArcBest transformed into a leading logistics company. David is a person with strong values and works tirelessly to advance our mission and strategy. Despite the demanding nature of his role, he is a constant, steady force.
“I thank David for his dedication and service to our company, and I wish him, his wife Carenda and their family the very best. He will be greatly missed.”