Arkansas Best Corp. announced that Janice Stipp, current Executive Vice President, Chief Financial Officer and Treasurer of Tecumseh Products Co., has been appointed to the Arkansas Best Corp. Board of Directors.
Stipp, 53, began her current position with Tecumseh, a global manufacturer of compressors and related products, in October 2011.
“Because of her years of experience in all areas of finance, as well as strategic and tactical planning, I am very pleased to have Janice Stipp join the Arkansas Best board. Because of Janice’s current role as the chief financial officer of a publicly traded company, I look forward to her valuable input and guidance,” said Judy McReynolds, Arkansas Best President and CEO. “Janice’s past service as chief financial officer at various private equity firms, combined with over twenty years of experience working in a variety of financial functions within the automotive and manufacturing industries, gives her a broad array of strategic and financial expertise from which we can benefit.”
Prior to joining Tecumseh, Stipp served as Chief Financial Officer of Revstone Industries, LLC, a company that designs, engineers and manufactures components for use in the transportation and heavy truck industries.
Before that, she served four years as Chief Financial Officer and Vice President of Acument Global Technologies Corporation, a portfolio company of private equity firm Platinum Equity LLC.
Early in her career she spent thirteen years at General Motors Co. as North America Fuel Systems Finance Director. She holds a bachelors degree in accounting from Michigan State University and a masters of business administration from Wayne State University. Stipp is also a Certified Public Accountant.
Stipp has been appointed to the Audit Committee of Arkansas Best’s board.