ArcBest has promoted Jason Parks, at present assistant company controller for the trucking firm, to the function of chief accounting officer, controller and vp, efficient March 1.
Parks was chosen in January 2022 to succeed Traci Sowersby within the accounting chief and controller roles, in response to an organization 8-Okay submitting.
Parks’s LinkedIn profile signifies he has been with ArcBest since August 2014. He began with the corporate as senior supervisor company accounting, a job he served by way of Could 2018 till he was appointed director, assistant company controller in June 2018.
ArcBest is also looking for a brand new CFO, following the retirement announcement of David Cobb in December. Cobb, who has been with the corporate for 17 years, will retire in October.
Canada-based TFI Worldwide disclosed in its This fall outcomes on Feb. 6 it had bought simply over 1M shares of ArcBest, which has led to hypothesis TFI could also be positioning itself to buy the corporate. Enlargement by way of acquisition is a longtime technique at TFI, which has bought 114 companies throughout the U.S. and Canada since 2008, in response to its web site.