ArcBest CFO David Cobb will retire October of 2023 after helping grow revenues to over $5 billion over his 17 year tenure with the company.
"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 in a press release. The company has launched a search for its next CFO and Cobb will work with his chosen successor until his retirement next October, a company spokesperson said in an email.
ArcBest said Cobb strengthened the company’s accounting and financial operations. Revenue has grown to more than $5 billion in the last 12 months, up from $1.9 billion when Cobb started in 2006.
"His collaborative spirit has been so valuable as ArcBest transformed into a leading logistics company," said Judy McReynolds, ArcBest chairman, president and CEO. "Despite the demanding nature of his role, he is a constant, steady force."