ArcBest Recognized for Board Diversity
ArcBest has been designated a 2020 Women on Boards Winning “W” Company for 2016 for having 20 percent or more of its board seats held by women.
“We believe in having the best, most qualified people on our board, and we’ve been fortunate to find strong candidates for these positions,” said Judy R. McReynolds, ArcBest chairman, president and CEO. “I am pleased ArcBest has been recognized for the diversity of our Board of Directors.”
The “W” designation is the highest awarded by 2020 Women on Boards, a nonprofit campaign committed to increasing the percentage of women who serve on company boards to 20 percent or more by the year 2020. Of the 1,745 boards the organization evaluated in 2016, 702 boards achieved Winning Company status.
Women make up 30 percent of the ArcBest Board of Directors. ArcBest’s board members include McReynolds, Janice E. Stipp and Kathleen D. McElligott.
McReynolds is the only member of the company’s senior management who serves on the board; she was elected chairman in April 2016.
Stipp, who serves as chairman of the board’s Audit Committee, is chief financial officer of Rogers Corporation, a global leader in engineered materials that enable clean energy, Internet connectivity and protection applications. She has been a director of ArcBest Corporation since October 2012. McElligott, who serves as chairman of the board’s Nominating/Corporate Governance Committee, is executive vice president and chief information and technology officer of McKesson Corp., the largest pharmaceutical distributor in North America. She has been a director of ArcBest Corporation since July 2015.
Previously, ArcBest was honored in 2015 by the Women’s Forum of New York for achieving at least 20 percent female representation on the board.