ArcBest, a leader in supply chain logistics, has announced the retirement of Michael Newcity, the Chief Innovation Officer and President of ArcBest Technologies, who will be retiring in December 2024 after over 30 years with the company. Dennis Anderson, the current Chief Strategy Officer, will succeed Newcity while continuing to lead ArcBest’s strategy, marketing, and customer experience functions.
Under Newcity’s leadership, ArcBest reimagined its technology and innovation functions, making them an integral pillar of the company’s strategy. This has led to the management of an active portfolio of transformative initiatives that are tightly aligned with its strategy to deliver growth and efficiency through innovation.
Dennis Anderson, who has been with the organization for 21 years, will succeed Newcity. Anderson's appointment as Newcity’s successor underscores ArcBest’s robust succession planning. He has progressed through the organization, holding positions such as pricing analyst, chief customer officer, and most recently, chief strategy officer.
ArcBest has a long history of innovation, enriched by deep customer relationships. The company is committed to helping customers navigate supply chain challenges now and in the future, and it is developing groundbreaking technology like Vaux™, which was recognized as one of the best inventions of 2023. Today the company's shares have moved -2.6% to a price of $108.61. If you want to know more, read the company's complete 8-K report here.
