ArcBest Recognized for Board Diversity for Second Year
For the second consecutive year, ArcBest has been designated a 2020 Women on Boards Winning “W” Company for 2017.
The organization 2020 Women on Boards recognizes companies that have 20 percent or more of their board seats held by women. ArcBest also was honored for 2016.
“I am pleased that ArcBest has again been recognized for its board diversity,” said Judy R. McReynolds, ArcBest chairman, president and CEO. “Our board is strengthened by its members’ different backgrounds, different experiences and different perspectives.”
The “W” designation is the highest awarded by 2020 Women on Boards, which is a nonprofit, grassroots campaign committed to increasing the percentage of women who serve on company boards to 20 percent or more by the year 2020. Of the 3,192 boards the organization evaluated in 2017, 1,151 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 the board’s Audit Committee chairman and financial expert, 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 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 since July 2015.