ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ArcBest Announces Appointment of Chris Sultemeier to Board of Directors

Dr. Craig E. Philip to retire from the ArcBest Board of Directors after 14 years of dedicated service; Chris Sultemeier appointed to the board, bringing over 30 years of transportation and logistics experience

ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced that the ArcBest Board of Directors has appointed Chris Sultemeier as a new director, effective October 29, 2025. Dr. Craig E. Philip, a director of ArcBest since 2011, has announced his decision to retire from the board after the January 2026 board meeting.

ArcBest welcomes Chris Sultemeier to its board, where he will serve on the compensation and nominating/corporate governance committees. Sultemeier brings more than 30 years of leadership experience in logistics, transportation, supply chain operations, and high-growth supply chain and logistics ventures to the board. Sultemeier spent 28 years with Walmart serving as their EVP of Logistics and as President and CEO of Walmart Transportation. Sultemeier is currently an operating partner at NewRoad Capital Partners where he serves on the boards of several portfolio companies. His experience leading logistics for a premier retail organization with a global supply chain network, combined with his board service, adds uniquely beneficial skills that complement the board’s strengths. This appointment aligns with ArcBest’s ongoing commitment to valuing diverse perspectives and its efforts to enhance long-term sustainable value for shareholders.

“We are pleased to welcome Chris to the ArcBest Board of Directors,” said Judy R. McReynolds, ArcBest chairman and CEO. “His impressive experience leading supply chain and logistics at Walmart, as well as his experience on multiple boards, brings valuable operational insight and industry perspective to our board as we continue to execute on our long-term strategy.”

Craig Philip joined the board of directors in 2011 and currently serves as a member of the audit committee. He previously served on the compensation and nominating/corporate governance committees. During his tenure, Philip consistently delivered valuable perspectives through his academic background in engineering blended with decades of transportation and logistics experience.

Eduardo Conrado, who joined the ArcBest Board of Directors in 2016, has been appointed lead independent director. Conrado assumes the role following the board retirement of Steve Spinner, as previously announced.

“I have enjoyed working with Craig over the last fourteen years,” said McReynolds. “He brought broad expertise to the board that combined business, academia and future-driven thinking. Craig’s experience leading large transportation and logistics companies, his experience with M&A and his focus on innovation were key to helping guide ArcBest’s transformation into an integrated logistics company. The entire board and I wish him all the best, and we congratulate Eduardo on moving into the lead independent director role.”

These changes are part of ArcBest’s ongoing assessment of board size, composition and current balance of skills and characteristics. Additional updates are expected in the coming months as the review process continues.

About ArcBest

ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux, one of the TIME Best Inventions of 2023. For more information, visit arcb.com.

Contacts

Investor Relations Contact: Amy Mendenhall

Phone: 479-785-6200

Email: invrel@arcb.com

Media Contact: Autumnn Mahar

Phone: 479-494-8221

Email: amahar@arcb.com

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.67
+0.00 (0.00%)
AAPL  276.97
+0.00 (0.00%)
AMD  206.13
+0.00 (0.00%)
BAC  52.48
+0.00 (0.00%)
GOOG  323.64
+0.00 (0.00%)
META  636.22
+0.00 (0.00%)
MSFT  476.99
+0.00 (0.00%)
NVDA  177.82
+0.00 (0.00%)
ORCL  197.03
+0.00 (0.00%)
TSLA  419.40
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.