Wesley B. Kemp, the president and CEO of ABF Freight System, will retire Dec. 31 after more than 40 years with the less-than-truckload carrier, the company said Wednesday.
Senior Vice President Roy M. Slagle will succeed him.
“Wes Kemp has been an integral part of ABF’s transformation from a small LTL carrier with revenues totaling $45 million and service centers in 12 states to a flexible, innovative, and full-service LTL carrier with $1.7 billion in revenues and 275 service centers across North America,” said Judy R. McReynolds, president and chief executive officer of Arkansas Best, the holding company parent of ABF.
ABF Freight System is the fifth largest LTL trucking company in the U.S., ranked by revenue, according to data supplied by SJ Consulting Group, Pittsburgh.
Kemp, who is 65 years old, has been president and CEO of ABF since January 2010. He joined Fort Smith, Ark.-based ABF in 1969 as a management trainee.
Slagle, 57, has been with ABF for 35 years and has served as senior vice president of sales and marketing since 2006. He began his career with ABF in Dayton, Ohio.
“Roy’s experience and success in guiding ABF’s sales, marketing and pricing efforts during a challenging period in the LTL industry will be important assets as he leads ABF in adjusting to marketplace changes and in being flexible to meet the evolving needs of our customers,” said McReynolds.