ArcBest (NASDAQ: ARCB), a leading supply chain logistics company, has announced key leadership and organizational updates effective February 1, 2025. These changes are geared towards advancing the company’s strategic priorities and driving sustainable, long-term growth.
Eddie Sorg, with 30 years of experience, has transitioned from the role of Chief Operating Officer of Asset-Light Logistics to the Chief Commercial Officer. He will now lead several functions including marketing, sales, customer support, customer experience, and yield. Sorg's primary focus will be on optimizing workflows across teams to maximize revenue velocity.
Christopher Adkins has been named Chief Strategy Officer after serving as Vice President of Yield Strategy and Management. In his new role, he will oversee the company’s strategy management, data science, and process improvement teams to advance critical initiatives.
Dennis Anderson will continue in his role as Chief Innovation Officer, focusing on innovation and technology initiatives to drive efficiencies, address customer challenges, and unlock new revenue streams.
Steven Leonard, who has had a 24-year career with ArcBest, plans to retire in June 2025, and will continue to lead the company's asset-light logistics operations through the transition period.
These changes come as part of ArcBest’s commitment to remaining flexible and responsive to customer needs and market changes, while ensuring alignment between its strategy and organizational structure.
Eddie Sorg, now the Chief Commercial Officer, has been instrumental in implementing space-based pricing for LTL shipments, introducing dynamic LTL pricing, and advancing pricing methodologies for managed solutions, all of which have significantly impacted the company’s profitability, customer experience, and sustainable growth.
Christopher Adkins, the newly appointed Chief Strategy Officer, has led several high-impact, strategic initiatives that have played a significant role in ArcBest's progression as an integrated logistics company.
These leadership and organizational updates are a direct result of ArcBest’s robust leadership development programs, ensuring that the company remains well positioned for long-term growth and success. The market has reacted to these announcements by moving the company's shares 0.3% to a price of $101.9. For the full picture, make sure to review ArcBest's 8-K report.
