Michael Newcity will become the chief financial officer of Arkansas Best Corp. effective Tuesday.According to a company news release, he currently serves as its director of economic analysis, leading a group that provides critical analysis on topics including costing and profitability methods, incentive systems, business metrics and forecasting.
Newcity, 40, has held a variety of positions with ABF Freight System Inc. and Data-tronics Corp., both subsidiaries of Fort Smith-based Arkansas Best.
He has been "instrumental in the development and implementation of internal management systems," the release states.
In 1993, he began his career at Arkansas Best, and he has a master's degree in business administration and a bachelor's degree in computer information systems, both from the University of Arkansas.
"At a very important time in Arkansas Best's history, Michael brings a unique combination of analytical skills and innovative thinking into the CFO position," Judy McReynolds, Arkansas Best president and CEO, stated in the release.
McReynolds served as CFO from February 2006 until Dec. 31 when she succeeded Bob Davidson as CEO and president. The CFO position has been open since that time.
No comments:
Post a Comment