ArcBest CEO Judy McReynolds' 2019 pay falls 41% to $2.4M
ArcBest reports 2019 executive compensation
By ExecPay News
Published: March 6, 2020
ArcBest reported fiscal year 2019 executive compensation information on March 6, 2020.
In 2019, five ArcBest executives received on average a compensation package of $1.3M, a 35% decrease compared to previous year.
Average pay of disclosed executives at ArcBest
Judy R. McReynolds, Chief Executive Officer, received $2.4M in total, which decreased by 41% compared to 2018. 34% of McReynolds' compensation, or $832K, was in non-equity incentive plan. McReynolds also received $34K of change in pension value and nonqualified deferred compensation earnings, $744K in salary, $749K in stock awards, as well as $65K in other compensation.
For fiscal year 2019, the median employee pay was $153,395 at ArcBest. Therefore, the ratio of Judy R. McReynolds' pay to the median employee pay was 16 to one.
Timothy D. Thorne, ABF Freight President, received a compensation package of $1.2M, which decreased by 37% compared to previous year. 37% of the compensation package, or $457K, was in salary.
David R. Cobb, Chief Financial Officer, earned $1.1M in 2019, a 32% decrease compared to previous year.
James A. Ingram, Chief Operating Officer, received $955K in 2019, which decreases by 39% compared to 2018.
Michael E. Newcity, Chief Investment Officer, earned $949K in 2019, a 38% decrease compared to previous year.
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Source: SEC filing on March 6, 2020.