ArcBest Corporation announced it has named Matt Beasley, 44 as its next chief financial officer and treasurer, effective May 14, 2023. Beasley, ArcBest's current treasurer, will succeed David Cobb, who is retiring after a 17-year career with the company. Cobb will continue with ArcBest as a senior advisor to ensure a seamless transition.

Beasley joined the company in early 2022 and has over 20 years of financial experience, including executive-level roles in treasury, investor relations, enterprise risk management, and financial planning and analysis. At ArcBest, Beasley has played an instrumental role in the renegotiation of the company's revolving credit facility, long-term capital allocation planning and the sale of FleetNet America to Cox Automotive Mobility Solutions. Before joining ArcBest, he spent nearly 15 years at Enable Midstream Partners and its predecessor companies.

Beasley holds a bachelor's degree in finance and MIS from The University of Tulsa and a Master of Business Administration in entrepreneurship from St. Edward's University.