JB Hunt CEO Thompson to step down at end of year

— The president and chief executive officer of J.B. Hunt Transport Services Inc. will resign both posts at the end of the year.

Kirk Thompson will become chairman of the Lowell-based trucking company's board of directors as of Jan. 1. He'll be replaced as president and CEO by John Roberts III.

Thompson said in a statement released Thursday that the company is well established and operating at high level making the time right for him to leave. He has been with J.B. Hunt for 37 years and has served as CEO since 1987.

Roberts is a 21-year employee of J.B. Hunt and is currently president of the company's Dedicated Contract Services.

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