People: Arkansas Best Corp (ABFS.O)
ABFS.O on Nasdaq
19.64USD
19 Jun 2013
19.64USD
19 Jun 2013
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$19.64
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Robert Young |
71 | 2006 | Independent Chairman of the Board |
Judy McReynolds |
50 | 2010 | President, Chief Executive Officer, Director |
Michael Newcity |
42 | 2010 | Chief Financial Officer, Vice President |
Roy Slagle |
58 | 2012 | President, Chief Executive Officer of ABF Freight System Inc |
James Ingram |
44 | 2011 | Senior Vice President - Strategic Development |
J. Lavon Morton |
61 | 2010 | Senior Vice President - Tax, Chief Audit Executive |
Michael Johns |
53 | 2007 | Vice President, General Counsel, Corporate Secretary |
David Cobb |
46 | 2011 | Vice President, Controller |
Erin Gattis |
38 | 2011 | Vice President - Human Resources |
Christopher Burton |
54 | 2008 | Vice President - Economic Analysis |
Walter Echols |
58 | 2012 | Vice President - Real Estate |
James Keenan |
53 | 2012 | Senior Vice President - Sales and Marketing of ABF Freight System, Inc. |
Janice Stipp |
53 | 2012 | Director |
John Alden |
71 | 2005 | Independent Director |
Fred Allardyce |
70 | 2004 | Independent Director |
William Legg |
67 | 2002 | Independent Director |
John Morris |
68 | 1988 | Independent Director |
Craig Philip |
58 | 2011 | Independent Director |
Steven Spinner |
52 | 2011 | Independent Director |
Biographies
| Name | Description |
|---|---|
Robert Young |
Mr. Robert A. Young, III., serves as an Independent Chairman of the Board of Arkansas Best Corporation. Mr. Young has been a Director of the Company since 1970 and Chairman of the Board since July 2004. He was Chief Executive Officer of the Company from August 1988 until his retirement in January 2006. He was President from 1973 to 2004 and was Chief Operating Officer from 1973 to 1988. Mr. Young served as President of ABF Freight System, Inc. (“ABF”), the Company’s subsidiary, from 1979 to 1994. Between 1964 and 1973, he worked as Supervisor of Terminal Operations for ABF; Vice President–General Manager of Data-Tronics Corp., a Company subsidiary; Senior Vice President–National Bank of Commerce of Dallas; and as Vice President, Finance and Executive Vice President of the Company. Mr. Young was a Director of Treadco, Inc. from June 1991 to June 1999. Treadco, Inc. was a publicly held company from 1991 to 1999. |
Judy McReynolds |
Ms. Judy R. McReynolds, CPA., serves as President, Chief Executive Officer, Director of Arkansas Best Corporation. She has been a Director of the Company and President and Chief Executive Officer since January 1, 2010. She served as Senior Vice President, Chief Financial Officer and Treasurer from February 2006 through December 2009. She was Vice President, Controller of ABC from January 2000 until January 31, 2006. She previously served as the Controller of the Company from July 1998 until December 1999. Ms. McReynolds joined the Company as Director of Corporate Accounting in June 1997. Ms. McReynolds has been a member of the Board of Directors of OGE Energy Corp. since July 2011 and serves on its Compensation Committee and Nominating and Governance Committee. |
Michael Newcity |
Mr. Michael E. Newcity serves as Chief Financial Officer, Vice President of Arkansas Best Corporation since June 1, 2010. He previously served as Director–Economic Analysis for the Company from November 2007 through May 2010, and prior to that he had served as Director–E-Systems and Emerging Technologies for ABF from November 2005 through October 2007. In these capacities, Mr. Newcity led the group that provides critical analysis on topics including costing and profitability methods, incentive plans, metrics and forecasting as well as the development and implementation of internal management systems. From January 2000 through October 2005, Mr. Newcity held several managerial positions with ABF that spanned marketing, information technology, and business development. He began his career with the Company in 1993 at its subsidiary, Data-Tronics Corp., the Company’s e-commerce development initiatives through December 1999. Mr. Newcity holds a Master’s degree in Business Administration from the Walton College at the University of Arkansas. |
Roy Slagle |
Mr. Roy M. Slagle serves as President, Chief Executive Officer of ABF Freight System Inc, a subsidiary of Arkansas Best Corp. since January 1, 2012. Mr. Slagle was Senior Vice President - Sales and Marketing of ABF from February 2006 through December 2011, Vice President - Administration and Treasurer for ABF from January 2000 through January 2006 and Vice President and Treasurer for ABF from 1995 to 2000. He was a Regional Vice President of Sales for ABF from 1989 to 1995. Between 1976 and 1989, Mr. Slagle served ABF as Operations Supervisor at the Dayton, Ohio terminal; Operations Manager at the Dayton terminal; Branch Manager at the Cincinnati, Ohio terminal; Branch Manager at the Carlisle, Pennsylvania terminal; and Regional Training Specialist at the Dayton terminal. |
James Ingram |
Mr. James A. Ingram has been appointed as Senior Vice President - Strategic Development of Arkansas Best Corp., effective November 01, 2011. He had previously served as Vice President - Strategic Development for ABC from April 2010 through October 2011, Vice President - Market Development for ABC from January 2008 to April 2010 and Vice President–Market Development for ABF from February 2006 through December 2007. From January 2000 through January 2006, Mr. Ingram was ABF’s Director–Quotation Services. Between January 1990 and December 1999, Mr. Ingram served in ABF’s Pricing Department as an Analyst, Senior Analyst and Pricing Manager. |
J. Lavon Morton |
Mr. J. Lavon Morton serves as Senior Vice President - Tax, Chief Audit Executive Arkansas Best Corporation since January 1, 2010. He served as the Company’s Vice President - Tax and Chief Internal Auditor from January 2000 through December 2009. From May 1997 to December 1999, Mr. Morton was the Company’s Vice President - Financial Reporting. Mr. Morton joined the Company as Assistant Treasurer in December 1996. Mr. Morton has overseen the Company’s tax reporting since 1996. From 1972 through November 1996, Mr. Morton was employed by Ernst & Young LLP. Mr. Morton was a Partner in Ernst & Young LLP from October 1984 through November 1996. Mr. Morton is a Certified Public Accountant. From January 2003 to October 2005, Mr. Morton was a Director and a designated Audit Committee Financial Expert of BEI Technologies, Inc. BEI was purchased by Schneider Electric in October 2005. Mr. Morton is currently Vice Chairman of the Tax Policy Committee of the American Trucking Associations (ATA). He has served as Chairman of ATA’s Tax Policy Committee and was a member of the ATA Board of Directors from October 2004 to October 2007. |
Michael Johns |
Mr. Michael R. Johns serves as Vice President, General Counsel, Corporate Secretary of Arkansas Best Corporation since April 2, 2007. From 1991 to 2007, he was a partner in the law firm of Dover Dixon Horne PLCC in Little Rock, Arkansas. Mr. Johns was a practicing attorney in two other Little Rock law firms for seven years, including Rose Law Firm, prior to 1991. He is a Certified Public Accountant. Mr. Johns is a member of the American Bar Association, Sebastian County Bar Association, and Arkansas Society of Certified Public Accountants. |
David Cobb |
Mr. David R. Cobb serves as Vice President, Controller of Arkansas Best Corporation. Mr. Cobb was employed by Smith International, Inc., a publicly traded international oilfield service company acquired by Schlumberger Limited, as Vice President and Controller from July 2002 to April 2006 and as Assistant Controller from October 2001 to June 2002. He was employed by Kent Electronics Corporation, a publicly traded specialty electronics distributor and network integrater, from April 1995 to September 2001 upon completing the transition and integration of Kent into its acquirer, Avnet, Inc. Mr. Cobb was a manager in the audit and business advisory services in the firm of Price Waterhouse, a predecessor of PricewaterhouseCoopers LLP, where he was employed from July 1988 to March 1995. Mr. Cobb is a Certified Public Accountant. Mr. Cobb has served publicly traded companies since 1988 and in his financial management capacity has worked with audit committees of boards of directors since 1995. |
Erin Gattis |
Ms. Erin K. Gattis has been appointed as the Vice President - Human Resources of Arkansas Best Corp. effective October 1, 2011. She previously served as the Company’s Chief of Staff from January 2010 through September 2011. Prior to that departmental director position, Ms. Gattis served as Manager of Retirement Services and Executive Compensation from August 2006 to September 2009. She joined the Company in 1999 and between 1999 and 2006 worked for both the Company and ABF as a Retirement Specialist, Benefits Analyst, Supervisor of Executive Compensation and Manager of Executive Compensation. Ms. Gattis holds a Senior Professional in Human Resources certification. |
Christopher Burton |
Mr. Christopher L. Burton serves as Vice President - Economic Analysis of Arkansas Best Corporation since January 1, 2008. Previously for ABF, he served as Vice President - Economic Analysis from February 1, 2006 through December 31, 2007, Director–Economic Analysis from September 1995 through January 2006, and Manager–Pricing from February 1995 through August 1995. From January 1979 through January 1995, Mr. Burton served the Company’s subsidiary, Data-Tronics Corp., as Manager of Services & Human Resources and Systems Analyst/Programmer and also worked for ABC as an Economic Analyst. |
Walter Echols |
Mr. Walter J. Echols is Vice President - Real Estate of Arkansas Best Corporation since January 1, 2012. Mr. Echols previously served as Vice President–Real Estate for ABF from January 1994 until January 2012 and Director–Real Estate for ABF from November 1987 until 1994. Mr. Echols joined Data-Tronics Corp., a subsidiary of the Company, in June 1975 serving as Manager–Sales & Marketing until becoming Manager of the Data-Tronics Corp. Information Center in 1983. |
James Keenan |
Mr. James W. Keenan has been appointed as Senior Vice President - Sales and Marketing of ABF Freight System, Inc., subsidiary of Arkansas Best Corporation effective January 1, 2012. He served as ABF’s Vice President–Sales from 2007 until January 2012. Mr. Keenan had previously served as Vice President–Sales and Marketing for Clipper, a former Company subsidiary, from May 1995 to December 1998 and as Vice President–Administration and Treasurer for ABF from February 2006 to February 2007. Mr. Keenan joined ABF in 1981, working as an ABF Pricing Department analyst and later as Pricing Department Manager. From 1988 to 1995 and again from 1999 to 2006, Mr. Keenan served as Regional Vice President of Sales. |
Janice Stipp |
Ms. Janice E. Stipp has been appointed as Director of Arkansas Best Corp. effective October 22, 2012. Prior to joining Tecumseh, Ms. Stipp served as Chief Financial Officer of Revstone Industries, LLC, a company that designs, engineers and manufactures components for use in the transportation and heavy truck industries. Before that, she served four years as Chief Financial Officer and Vice President of Acument Global Technologies Corporation, a portfolio company of private equity firm Platinum Equity LLC. Early in her career she spent thirteen years at General Motors Co. as North America Fuel Systems Finance Director. She holds a bachelors degree in accounting from Michigan State University and a masters of business administration from Wayne State University. Ms. Stipp is also a Certified Public Accountant. |
John Alden |
Mr. John W. Alden serves as an Independent Director of Arkansas Best Corporation since May 2005. Mr. Alden retired as Vice Chairman of United Parcel Service of America, Inc. (“UPS”) in 2000. From 1988 until his retirement from UPS, he served as a Director of UPS. Mr. Alden worked for UPS for 35 years in various capacities. Currently, Mr. Alden is also a Director of Barnes Group, Inc., Dun & Bradstreet Corporation and Silgan Holdings, Inc. As Vice Chairman and Senior Vice President–Business Development of UPS, Mr. Alden led a global public transportation company and served on a public company board. Through his 35 years at UPS, he gained knowledge in the areas of sales and marketing, operations, customer service, management, senior management, business development and public company board strategic planning and oversight. Mr. Alden, Chairman of the Board’s Nominating/Corporate Governance Committee and a member of the Compensation Committee, has served on seven boards over the past 20 years. |
Fred Allardyce |
Mr. Fred A. Allardyce serves as an Independent Director of Arkansas Best Corporation. Mr. Allardyce has been a Director of the Company and the Board’s Audit Committee Financial Expert since February 2004. Mr. Allardyce has been Chairman and Chief Executive Officer of Advanced Breath Diagnostics since March 2000 and Chairman of Monitor Instruments since September 2000. Advanced Breath Diagnostics is a development-stage medical diagnostic company and Monitor Instruments is a development-stage scientific instrument company. From 1977 through 1999, he was employed by American Standard Inc., a publicly traded company, where he served in the following positions: Senior Vice President–Medical Products from January 1998 until November 1999; Chief Financial Officer from 1992 to 1997; Controller from 1983 to 1991; and Assistant Controller from 1977 to 1982. He also served in various financial-related capacities for Joseph E. Seagram & Sons from 1972 to 1977 and at Continental Oil Company from 1965 to 1972. Mr. Allardyce earned a B.A. in Economics from Yale University and an M.B.A. from the University of Chicago Graduate School of Business, where he was the recipient of the Institute of Professional Accountants Fellowship. Mr. Allardyce was chairman in fiscal 1999-2000 of Financial Executives International, a 15,000-member organization of financial leaders. Mr. Allardyce is Chairman of the Board’s Audit Committee and is the Board-Designated Audit Committee Financial Expert. |
William Legg |
Mr. William M. Legg serves as an Independent Director of Arkansas Best Corporation since April 2002. He retired from Deutsche Banc Alex.Brown (“Alex.Brown”), an investment banking firm, as Managing Director in 2002. During his 31 years at Alex.Brown, he served as Head of Alex.Brown’s Transportation Group and Co-Head of Alex.Brown and Sons, Inc.’s Corporate Finance Department. Mr. Legg and his group executed initial public offerings for many logistics companies including: Viking Freight, MS Carriers, Werner Enterprises, J.B. Hunt, Swift, Old Dominion, CH Robinson and Hub Group. Mr. Legg worked on transportation-related transactions for Deutsche Post, PepsiCo, ARA Services, Transport Development Group and the Company. Mr. Legg earned a B.A. from Trinity College and an M.B.A from Loyola College. Prior to joining Alex.Brown in 1971, he served as an officer in the United States Navy. He is the Board’s Compensation Committee Chairman and is a member of the Nominating/Corporate Governance Committee. |
John Morris |
Mr. John H. Morris serves as an Independent Director of Arkansas Best Corporation since July 1988. He was a Director of Treadco, Inc. from June 1991 to June 1999. Mr. Morris was affiliated with StoneCreek Capital, a private equity firm, from 1992 to 2008. Mr. Morris served as a Managing Director of Kelso & Company, Inc., a private equity firm, from March 1989 to March 1992; was a General Partner from 1987 to March 1989; and prior to 1987, was a Vice President. Prior to 1985, Mr. Morris was President of LBO Capital Corp. Previous work experience includes Booz, Allen and Hamilton; three years with the First National Bank of Atlanta; and nine years with Touche Ross & Co., a predecessor of Deloitte and Touche, as a management consultant. After leaving Touche Ross, he joined Kelso & Company, a boutique private equity firm in 1982. While with Kelso, he was responsible for several buyouts, including Spectramed, IHOP, Arkansas Best Corporation, and Landstar Systems, and served on the committee that approved all Kelso acquisitions. Mr. Morris’ public board experience includes, in addition to Arkansas Best Corporation and Treadco, Inc., Spectramed, Inc. and Landstar Systems. Mr. Morris received a Bachelor of Industrial Engineering degree from Georgia Tech and an M.B.A. in Finance from Georgia State University. He received a CPA Certificate from the State of Georgia in 1974. Currently a member of the Board’s Nominating/Corporate Governance Committee and the Audit Committee. |
Craig Philip |
Dr. Craig E. Philip has been appointed as Independent Director of Arkansas Best Corp., effective August 22, 2011. Dr. Philip is President and Chief Executive Officer of Ingram Barge Company. He was named President of Ingram Barge in 1994 and its Chief Executive Officer in 1999. Dr. Philip began his transportation career with Conrail in 1980, working for Ingram Barge from 1982 until 1987 and serving as Vice President of the Intermodal Division of South Pacific Railroad, before returning to Ingram Barge in 1991. He has held adjunct faculty positions at Princeton University and at Vanderbilt University. Dr. Philip holds Master’s and Doctorate degrees in Engineering from the Massachusetts Institute of Technology and an undergraduate degree in Civil Engineering from Princeton University. Dr. Philip currently serves on the Board’s Compensation Committee and Nominating/Corporate Governance Committee. |
Steven Spinner |
Mr. Steven L. Spinner has been appointed as Independent Director of Arkansas Best Corporation, effective July 21, 2011. Mr. Spinner has been President and Chief Executive Officer and a member of the Board of Directors of United Natural Foods, Inc. (“UNFI”) since September 2008. Prior to joining UNFI in 2008, he was a Director and Chief Executive Officer of Performance Food Group Company (“PFG”) from October 2006 to May 2008 and PFG’s President and Chief Executive Officer from May 2005 to May 2008. He was the Senior Vice President and Chief Executive Officer of PFG’s Broadline Division (“Broadline”) from February 2002 to May 2005 and Division President of Broadline from August 2001 to February 2002. Mr. Spinner currently serves on the Board’s Audit Committee. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Robert Young |
2,991,870 |
Judy McReynolds |
1,347,410 |
Michael Newcity |
549,333 |
Roy Slagle |
861,435 |
James Ingram |
-- |
J. Lavon Morton |
613,156 |
Michael Johns |
-- |
David Cobb |
-- |
Erin Gattis |
-- |
Christopher Burton |
-- |
Walter Echols |
-- |
James Keenan |
-- |
Janice Stipp |
-- |
John Alden |
-- |
Fred Allardyce |
-- |
William Legg |
-- |
John Morris |
-- |
Craig Philip |
-- |
Steven Spinner |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Robert Young |
162,954 | 4,483,951 |
Judy McReynolds |
2,400 | 27,468 |
Michael Newcity |
0 | 0 |
Roy Slagle |
2,400 | 23,028 |
James Ingram |
0 | 0 |
J. Lavon Morton |
12,500 | 57,812 |
Michael Johns |
0 | 0 |
David Cobb |
0 | 0 |
Erin Gattis |
0 | 0 |
Christopher Burton |
0 | 0 |
Walter Echols |
0 | 0 |
James Keenan |
0 | 0 |
Janice Stipp |
0 | 0 |
John Alden |
0 | 0 |
Fred Allardyce |
0 | 0 |
William Legg |
0 | 0 |
John Morris |
0 | 0 |
Craig Philip |
0 | 0 |
Steven Spinner |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SLAGLE ROY M |
3,128 | $0.00 |
SLAGLE ROY M |
1,472 | $10.51 |
INGRAM JAMES A |
1,469 | $10.51 |
KEENAN JAMES W |
1,465 | $10.51 |
NEWCITY MICHAEL E |
257 | $10.51 |
SLAGLE ROY M |
3,128 | $0.00 |
MCREYNOLDS JUDY RENEE |
3,027 | $0.00 |
JOHNS MICHAEL R |
1,521 | $10.51 |
MCREYNOLDS JUDY RENEE |
3,027 | $0.00 |
MCREYNOLDS JUDY RENEE |
1,573 | $10.51 |
BURTON CHRISTOPHER L |
13,990 | $7.21 |
STIPP JANICE E |
5,000 | $0.00 |
JOHNS MICHAEL R |
8,500 | $0.00 |
KEENAN JAMES W |
9,000 | $0.00 |
GATTIS ERIN K |
8,000 | $0.00 |
INGRAM JAMES A |
9,000 | $0.00 |
COBB DAVID R |
8,000 | $0.00 |
LEGG WILLIAM M |
5,000 | $0.00 |
YOUNG ROBERT A III |
5,000 | $0.00 |
SLAGLE ROY M |
12,000 | $0.00 |
SPINNER STEVEN L |
5,000 | $0.00 |
MCREYNOLDS JUDY RENEE |
16,500 | $0.00 |
MORTON JAMES LAVON |
9,000 | $0.00 |
BURTON CHRISTOPHER L |
8,000 | $0.00 |
ALLARDYCE FRED A |
5,000 | $0.00 |
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