Dive Brief:
- Michael Newcity, ArcBest Corp.’s chief innovation officer and ArcBest Technologies president, will retire in December after a decade in the role and over 30 years with the company, ArcBest announced last week.
- Chief Strategy Officer Dennis Anderson, a 21-year ArcBest employee, will assume Newcity’s responsibilities, while continuing to lead strategy, marketing and customer experience, the company said.
- “Despite a rapidly changing environment, Michael has kept ArcBest at the leading edge of technology, from operationalizing the use of AI and advanced analytics to overseeing the development and commercialization of disruptive technologies like Vaux, our groundbreaking, patented freight movement system,” CEO Judy McReynolds said in the announcement.
Dive Insight:
The succession in the Fort Smith, Arkansas-based company’s chief innovation officer role follows another big shift in ArcBest’s C-suite this summer.
Seth Runser, formerly ABF Freight president, was promoted to president of the LTL’s parent company in August, as it joined several others in trucking that have split the president and CEO roles.
The outgoing CIO’s time at the company includes the rollout of Vaux, which Time called one of the best inventions of 2023, as well as the Vaux Smart Autonomy, which offers remote-piloted and AI-driven forklifts and reach trucks for customers’ use.
“This is an incredible organization, full of people who are inventive, smart and driven to disrupt our industry and provide our customers with solutions that transform their supply chains,” Newcity said in the announcement.
The incoming CIO was previously a pricing analyst who progressed through the ranks, becoming chief customer officer in 2020 and chief strategy officer in March 2023.
“Technology and innovation are critical enablers to driving positive change for ArcBest through improved systems and customer-facing solutions and platforms,” the company said in the announcement.
