Arkansas Best to Elect 3 Directors, Vote on Pay Plan

March 16, 2010: Shareholders of Arkansas Best Corp. of Fort Smith will elect three directors at the company's annual meeting April 22 and vote on a proposal to raise maximum executive pay from $1 million to $3 million annually.

Directors up for re-election to one-year terms are John W. Alden, retired vice chairman of United Parcel Service of America Inc. of Atlanta; Frank Edelstein, a consultant with Kelso & Co. Inc. of New York, a private equity investment company; and Bob Young, retired CEO of Arkansas Best.

Click here to read more at Arkansas Business.

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