FORT SMITH, Ark., Nov. 19, 2015 /PRNewswire/ -- ArcBest Corporation (Nasdaq: ARCB) and President and CEO Judy R. McReynolds were honored on Thursday by the Women's Forum of New York at the third biennial Breakfast of Corporate Champions for achieving at least 20 percent female representation on their board.
ArcBest, which has a representation of 27.3 percent women on the board, was applauded as a corporate game changer for making special efforts to advance women in the boardroom.
"I'm pleased that ArcBest is being recognized for its strides toward a more diverse board," McReynolds said. "We believe in appointing the best people to the board and at the executive level. We've been fortunate to have strong women candidates fill these positions. As long as companies focus on putting the best people in leadership, we'll see more women occupying those roles."
ArcBest board members include McReynolds, Janice E. Stipp and Kathy D. McElligott. Stipp, who serves on the board's Audit Committee, is Chief Financial Officer of Rogers Corporation, a global leader in engineered materials that enable clean energy, Internet connectivity and protection applications. McElligott is Executive Vice President and Chief Information and Technology Officer of McKesson Corp., the largest pharmaceutical distributor in North America.
"We commend ArcBest Corporation and their work towards achieving a greater gender balance in their boardroom," said Janice Ellig, Co-CEO of Chadick Ellig and Chair of the event. "ArcBest knows that more women on boards is smart business and their success is an inspiration to others."
The event brought together an audience of over 500, including CEOs and Board Directors along with business leaders, government officials, thought leaders and influential media in special recognition of forward-thinking companies.
Following the awards presentation, Judy Woodruff of "PBS NewsHour" moderated a CEO panel discussion on why and how top U.S. companies should strive for gender parity. Additionally, this year's breakfast expanded to include a follow-up symposium co-sponsored by the Committee for Economic Development of the Conference Board which included moderated sessions by Moira Forbes of ForbesWomen, Cyrus Sanati of Fortune.com and Susanna Schrobsdorff of TIME magazine. The Symposium was a true "call to action" for all CEOs, and Nom/Gov Committees to accelerate the number of women into the board room by providing insights from the Board, Investors and other global influentials.
The symposium closed with a luncheon keynote by Securities and Exchange Commission Chair, Mary Jo White, who was introduced by Michael Fucci, Chairman of the Board, Deloitte LLP. On-site, the audience of CEOs were encouraged to nominate women to the Women's Forum of New York CEO-Sponsored Database, a national database, accessible free of charge to Board Nom/Gov Committees and search firms.
ABOUT ARCBEST ArcBest CorporationSM (Nasdaq: ARCB) solves complex logistics and transportation challenges. Our companies and brands — ABF FreightSM, ABF LogisticsSM, Panther Premium Logistics®, FleetNet America®, U-Pack® and ArcBest Technologies — apply the skill and the will with every shipment and supply chain solution, household move or vehicle repair. ArcBest finds a way.
For more information, visit arcb.com, abf.com, pantherpremium.com, fleetnetamerica.com and upack.com. ArcBest CorporationSM. The Skill & The WillSM.
ABOUT THE WOMEN'S FORUM OF NEW YORK The Women's Forum of New York is the city's premier organization of women leaders. The invitation-only membership of more than 500 women, representing the highest levels of achievement across all professional sectors from finance to fine arts, is dedicated to the advancement of women's leadership through programs which enrich members lives personally and professionally, through The Education Fund which enables talented women whose potential has been disrupted by extreme adversity to resume their education, and through the Corporate Board Initiative, which extends and expands the contribution of women leaders through corporate board participation. Founded in 1974, the Women's Forum of New York is the flagship of the International Women's Forum, a global organization of nearly 6,000 outstanding women leaders in over 74 Forums around the world. For more information, visit www.womensforumny.org.
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SOURCE ArcBest Corporation