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Michael E. Newcity net worth and biography

Michael Newcity Biography and Net Worth

SVP of ArcBest

Michael E. Newcity was named President of ArcBest Technologies, an ArcBest® company, as well as ArcBest Corporation’s Senior Vice President - Chief Innovation Officer, effective January 2015.

Mr. Newcity began his career with Data-Tronics Corp. (now ArcBest Technologies) in 1993. He also served as Manager of E-Systems & Market Development and Manager of E-Commerce at ABF Freight® and Director of E-Systems & Emerging Technologies and Director of Economic Analysis at ArcBest Corporation. He was named ArcBest’s Chief Financial Officer in 2010, and in August 2013, his responsibilities were expanded to oversee corporate information technology and economic analysis as Senior Vice President and Chief Information Officer. He served as ArcBest's CFO and CIO through the end of 2014.

He holds a bachelor's degree in computer information systems from the University of Arkansas, which awarded him the Senior Honor Citation, the university’s top undergraduate honor. He also holds an M.B.A. from the Walton College at the University of Arkansas and received the Donald W. Reynolds Governor’s Cup for promoting entrepreneurship.

What is Michael E. Newcity's net worth?: The estimated net worth of Michael E. Newcity is at least $3.37 million as of August 3rd, 2023. Mr. Newcity owns 24,767 shares of ArcBest stock worth more than $3,374,256 as of April 19th. This net worth evaluation does not reflect any other investments that Mr. Newcity may own. Additionally, Mr. Newcity receives a salary of $1,590,000.00 as SVP at ArcBest. Learn More about Michael E. Newcity's net worth.
How old is Michael E. Newcity?: Mr. Newcity is currently 54 years old. There are 9 older executives and no younger executives at ArcBest. The oldest executive at ArcBest is Mr. R. David Humphrey, Vice President of Investor Relations, who is 65 years old. Learn More on Michael E. Newcity's age.
What is Michael E. Newcity's salary?: As the SVP of ArcBest Co., Mr. Newcity earns $1,590,000.00 per year. There are 3 executives that earn more than Mr. Newcity. The highest earning executive at ArcBest is Ms. Judy R. McReynolds, Chairman, President & CEO, who commands a salary of $5,080,000.00 per year. Learn More on Michael E. Newcity's salary.
How do I contact Michael E. Newcity?: The corporate mailing address for Mr. Newcity and other ArcBest executives is 8401 McClure Drive, FORT SMITH AR, 72916. ArcBest can also be reached via phone at (479) 785-6000 and via email at [email protected]. Learn More on Michael E. Newcity's contact information.
Has Michael E. Newcity been buying or selling shares of ArcBest?: Michael E. Newcity has not been actively trading shares of ArcBest over the course of the past ninety days. Most recently, Michael E. Newcity sold 11,913 shares of the business's stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $117.51, for a transaction totalling $1,399,896.63. Following the completion of the sale, the senior vice president now directly owns 24,767 shares of the company's stock, valued at $2,910,370.17. Learn More on Michael E. Newcity's trading history.
Who are ArcBest's active insiders?: ArcBest's insider roster includes Dennis Anderson, II (Insider), John Beasley (CFO), David Cobb (CFO), Lawrence Ellison (CTO), Erin Gattis (Insider), Stephen Gorman (Director), Michael Hogan (Director), James Ingram (COO), Michael Johns (VP), Daniel Loe (Insider), Kathleen McElligott (Director), Judy McReynolds (CEO), Michael Newcity (SVP), Craig Philip (Director), Seth Runser (Insider), Steven Spinner (Director), Janice Stipp (Director), and Timothy Thorne (Insider). Learn More on ArcBest's active insiders.
Are insiders buying or selling shares of ArcBest?: In the last year, ArcBest insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $104,980.00. In the last year, insiders at the transportation company sold shares 10 times. They sold a total of 57,312 shares worth more than $6,476,864.72. The most recent insider tranaction occured on March, 1st when insider Erin K Gattis sold 2,000 shares worth more than $283,160.00. Insiders at ArcBest own 1.7% of the company. Learn More about insider trades at ArcBest.
Information on this page was last updated on 3/1/2024.

Michael E. Newcity Insider Trading History at ArcBest

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/3/2023	Sell	11,913	$117.51	$1,399,896.63	24,767
5/17/2021	Sell	6,669	$83.58	$557,395.02	42,648
11/24/2020	Sell	9,670	$42.52	$411,168.40	50,600
5/15/2018	Sell	5,589	$47.00	$262,683.00	40,000

Michael E. Newcity Buying and Selling Activity at ArcBest

ArcBest Company Overview

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.

Today's Range

Now: $136.24

$135.73

$142.15

50 Day Range

MA: $140.66

$125.23

$151.75

2 Week Range

Now: $136.24

$82.18

$153.60

Volume

350,401 shs

Average Volume

303,980 shs

Market Capitalization

$3.20 billion

P/E Ratio

17.22

Dividend Yield

0.32%

Beta

1.49

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

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Michael Newcity Biography and Net Worth

What is Michael E. Newcity's net worth?

How old is Michael E. Newcity?

What is Michael E. Newcity's salary?

How do I contact Michael E. Newcity?

Has Michael E. Newcity been buying or selling shares of ArcBest?

Who are ArcBest's active insiders?

Are insiders buying or selling shares of ArcBest?