ArcBest reports 2018 executive compensation
CEO Judy R. McReynolds receives $4.1M
ArcBest reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, five ArcBest executives received on average a compensation package of $2,149,066, a 83% increase compared to previous year.Average pay of disclosed executives at ArcBest
Judy R. McReynolds, Chief Executive Officer, received $4,075,378 in total, which increased by 92% compared to 2017. 63.42% of McReynolds' compensation, or $2,584,736, was in non-equity incentive plan. McReynolds also received $6,531 of change in pension value and nonqualified deferred compensation earnings, $709,020 in salary, $726,002 in stock awards, as well as $49,089 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 $1,959,052, which increased by 84% compared to previous year. 58.48% of the compensation package, or $1,145,746, was in non-equity incentive plan.
David R. Cobb, Chief Financial Officer, earned $1,611,367 in 2018, a 79% increase compared to previous year.
Jim A. Ingram, Chief Operating Officer, received $1,559,982 in 2018, which increases by 67% compared to 2017.
Michael E. Newcity, Chief Investment Officer, earned $1,539,551 in 2018, a 79% increase compared to previous year.