ArcBest CEO Judy McReynolds' 2018 pay jumps 92% to $4.1M
ArcBest reports 2018 executive compensation
By ExecPay News
Published: March 6, 2020
ArcBest reported fiscal year 2018 executive compensation information on March 6, 2020.
In 2018, six ArcBest executives received on average a compensation package of $2.1M, a 80% increase compared to previous year.
Judy R. McReynolds, Chief Executive Officer, received $4.1M in total, which increased by 92% compared to 2017. 63% of McReynolds' compensation, or $2.6M, was in non-equity incentive plan. McReynolds also received $6.5K of change in pension value and nonqualified deferred compensation earnings, $709K in salary, $726K in stock awards, as well as $49K in other compensation.
For fiscal year 2018, the median employee pay was $97,283 at ArcBest. Therefore, the ratio of Judy R. McReynolds' pay to the median employee pay was 42 to one.
Timothy D. Thorne, ABF Freight President, received a compensation package of $2M, which increased by 84% compared to previous year. 58% of the compensation package, or $1.1M, was in non-equity incentive plan.
David R. Cobb, Chief Financial Officer, earned $1.6M in 2018, a 79% increase compared to previous year.
James A. Ingram, Chief Operating Officer, received $1.6M in 2018, which increases by 67% compared to 2017.
Jim A. Ingram, Chief Operating Officer, earned $1.6M in 2018, a 67% increase compared to previous year.
Michael E. Newcity, Chief Investment Officer, received $1.5M in 2018, which increases by 79% compared to 2017.