
ArcBest Appoints Thom Albrecht to Board of Directors as Steven Spinner Announces Retirement
ArcBest, a leader in supply chain logistics and integrated transportation solutions, has announced a strategic addition to its Board of Directors. Effective immediately, Thom Albrecht has been appointed as an independent director, bringing with him a distinguished background in transportation finance, logistics strategy, and investor relations. This transition is part of ArcBest’s ongoing efforts to strengthen governance, enhance board expertise, and align its leadership with the company’s long-term strategic goals.
Simultaneously, ArcBest also announced that long-serving director Steven L. Spinner will be retiring from the Board of Directors, effective October 31, 2025. Spinner has served on the board for over a decade and played a crucial role in ArcBest’s evolution from a traditional less-than-truckload (LTL) carrier into a diversified, technology-enabled logistics powerhouse.
An Industry Veteran Joins the Board
Thom Albrecht’s appointment marks a significant milestone in ArcBest’s governance evolution. With more than 35 years of in-depth experience in transportation, finance, and logistics, Albrecht is expected to offer unique strategic insight as the company continues executing its long-range growth initiatives. He will also serve as a member of the Audit Committee, supporting the board’s oversight of financial reporting, compliance, and internal controls.
Currently serving as the Chief Revenue Officer at Reliance Partners, a prominent commercial insurance agency focused exclusively on the transportation and logistics sector, Albrecht plays a key leadership role in driving revenue growth and commercial strategy. Prior to this, he served as Chief Financial Officer at Reliance Partners and held multiple executive roles at Celadon Group, a publicly traded truckload transportation provider based in Indianapolis. At Celadon, he held the dual roles of Chief Financial Officer and Chief Commercial Officer, overseeing both financial operations and customer strategy.
Before entering the executive ranks of corporate transportation, Albrecht spent 28 years on Wall Street as a highly respected equity analyst, specializing in the transportation industry. He was recognized as a seven-time Wall Street Journal All-Star Analyst, a designation given to the most accurate and insightful financial analysts in their respective sectors. Additionally, Institutional Investor magazine repeatedly named him among the top analysts in the regional and boutique firm categories for his exceptional coverage and deep understanding of the transportation landscape.
Albrecht’s multifaceted experience—spanning Wall Street, logistics operations, finance, and insurance—gives him a broad and nuanced understanding of the complex dynamics that shape modern supply chains. His perspective is particularly valuable as ArcBest continues to navigate a rapidly evolving industry influenced by global trade shifts, digital transformation, and increasing demand for agile, technology-driven logistics solutions.
“We are pleased to welcome Thom to our Board of Directors,” said Judy R. McReynolds, Chairman, President, and Chief Executive Officer of ArcBest. “His extensive background in finance, capital markets, strategic planning, and risk management—combined with his deep industry knowledge—adds meaningful value to our board. As we execute on our long-term strategy, his insights will help us maintain our position as an industry leader while driving sustainable growth and creating value for shareholders.”
Honoring the Contributions of Steven Spinner
As Thom Albrecht joins the board, ArcBest also extends deep gratitude to Steven L. Spinner, who will retire from the Board of Directors later this year. Spinner joined the board in 2011 and has served with distinction, most notably as Lead Independent Director for nine of his fourteen years on the board. He was also an active member of the Audit Committee and played a vital role in shaping the company’s governance practices and strategic direction.
Under Spinner’s guidance, ArcBest underwent a significant transformation. Initially known primarily for its LTL service through its ABF Freight business, ArcBest has evolved into a fully integrated logistics enterprise offering a broad suite of supply chain solutions. Spinner played a key role in supporting major milestones during this period of transformation, including:
- Strategic acquisitions that expanded ArcBest’s capabilities in expedite, truckload brokerage, managed transportation, and international forwarding.
- Organizational restructuring efforts that aligned the company’s business units under a unified brand and strategic framework.
- Leadership succession planning, helping ensure a strong pipeline of talent and a smooth transition of executive responsibilities.
- Adoption of innovative technologies and investments in digital platforms that enhanced ArcBest’s customer experience and operational efficiency.
“I have enjoyed working closely with Steve over the last fourteen years,” said McReynolds. “His strategic perspective, business acumen, and steady leadership have contributed tremendously to ArcBest’s success. Steve has consistently demonstrated a deep commitment to our mission and our people. His experience guiding companies through transformational growth has been especially helpful as we navigated change and positioned ArcBest for the future. The entire board and I are deeply grateful for his contributions, and we wish him continued success in his next chapter.”
A Thoughtful, Ongoing Board Refresh
The addition of Albrecht and the planned departure of Spinner are part of a broader, proactive review of board composition being undertaken by ArcBest. The company conducts regular assessments to ensure that its board reflects the diversity of experience, perspectives, and skill sets needed to effectively oversee its complex, fast-moving business. As part of this ongoing process, additional board updates are anticipated in the coming months, with a focus on aligning board talent with evolving company strategy and shareholder interests.
“Maintaining a board that is diverse in thought, experience, and background is critical to ArcBest’s long-term success,” McReynolds added. “We continue to seek directors who not only understand the intricacies of the transportation and logistics industries but who also bring forward-looking insights that challenge us to think bigger and deliver stronger results.”
With these changes, ArcBest reiterates its commitment to strong corporate governance, shareholder value creation, and responsible, sustainable business practices. As the company advances its strategic roadmap, the leadership team and the board remain focused on delivering integrated logistics solutions that enable customers to adapt and thrive in a constantly changing supply chain environment.