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.
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"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."