Fort Smith-based transportation company ArcBest has a new chief financial officer and treasurer, the company said Thursday.
Matt Beasley is stepping into the role held by Dave Cobb who retired after 17 years with ArcBest. Cobb will continue to work for the company in an advisory role to assist in the transition.
Beasley has been with ArcBest since early 2022 and has 20 years' financial experience, according to the company.
"Since joining ArcBest last year, Matt has become an invaluable contributor, and we will continue to leverage his experience and expertise as we advance our growth strategy," Judy McReynolds, ArcBest chairman, president and chief executive officer, said in a statement.
Shares of ArcBest closed at $89.59, up $1.05 or about 1% in trading Thursday on the Nasdaq. Shares have traded as low as $65.16 and as high as $104.87 over the past year.