Stephen E. Gorman net worth and biography

Stephen Gorman Biography and Net Worth

Director of ArcBest

Stephen E. Gorman has been a Director of ArcBest Corporation since July 2015. In January 2020, he retired as Chief Executive Officer of privately held Air Methods Corporation, the largest domestic air medical provider in the air medical market. He joined Air Methods in August 2018, after retiring from Borden Dairy Co., a fresh milk and value-added dairy, in July 2017.

Prior to that, he was Executive Vice President and Chief Operating Officer of Delta Air Lines Inc. from 2007 until 2014. Mr. Gorman also served as the CEO and President of Greyhound Lines/Laidlaw Industries from 2003 to 2007. He brings a deep background in operations and transportation management to the board, having also held leadership positions at Krispy Kreme Doughnuts and Northwest Airlines, among others.

Mr. Gorman serves as the Chairman on the Compensation Committee and is a member of the Nominating/Corporate Governance Committee.

He has served on the boards of Grupo Aeromexico S.A.B. de C.V., Greyhound Lines Inc., Rohn Industries, Timco Aviation and as chairman of the board at Pinnacle Airlines Corp. He holds a bachelor’s degree in economics from Eureka College and a master's degree from Bradley University.

What is Stephen E. Gorman's net worth?: The estimated net worth of Stephen E. Gorman is at least $86,986.93 as of April 12th, 2023. Mr. Gorman owns 1,258 shares of ArcBest stock worth more than $86,987 as of March 31st. This net worth estimate does not reflect any other investments that Mr. Gorman may own. Learn More about Stephen E. Gorman's net worth.
How do I contact Stephen E. Gorman?: The corporate mailing address for Mr. Gorman 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 invrel@arcb.com. Learn More on Stephen E. Gorman's contact information.
Has Stephen E. Gorman been buying or selling shares of ArcBest?: Stephen E. Gorman has not been actively trading shares of ArcBest over the course of the past ninety days. Most recently, Stephen E. Gorman sold 7,500 shares of the business's stock in a transaction on Thursday, May 27th. The shares were sold at an average price of $80.02, for a transaction totalling $600,150.00. Following the completion of the sale, the director now directly owns 18,400 shares of the company's stock, valued at $1,472,368. Learn More on Stephen E. Gorman's trading history.
Who are ArcBest's active insiders?: ArcBest's insider roster includes Salvatore Abbate (Director), 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 (Chairman & 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 2 times. They purchased a total of 1,700 shares worth more than $156,353.00. In the last year, insiders at the transportation company sold shares 2 times. They sold a total of 14,343 shares worth more than $1,688,074.80. The most recent insider tranaction occured on March, 13th when CFO John Matthew Beasley bought 700 shares worth more than $52,423.00. Insiders at ArcBest own 1.3% of the company. Learn More about insider trades at ArcBest.
Information on this page was last updated on 3/13/2025.

Stephen E. Gorman Insider Trading History at ArcBest

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/27/2021	Sell	7,500	$80.02	$600,150.00	18,400

Stephen E. Gorman 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: $70.58

$68.83

$70.64

50 Day Range

MA: $85.12

$70.80

$100.25

2 Week Range

Now: $70.58

$68.80

$153.61

Volume

452,952 shs

Average Volume

290,613 shs

Market Capitalization

$1.63 billion

P/E Ratio

9.63

Dividend Yield

0.65%

Beta

1.54