J.B. Hunt (JBHT) Announces Several Major Leadership Changes

J.B. Hunt Transport Services, Inc. JBHT announced several top-management changes, set to take effect on Dec 1, 2020.

The company appointed John Kuhlow as the executive vice president and chief financial officer (“CFO”). He has been serving as the interim CFO since March 2020, following the retirement of David Mee. Kuhlow joined J.B. Hunt in 2006 and has previously served as senior vice president of finance, controller and chief accounting officer.

Nick Hobbs, currently serving as executive vice president and president of Dedicated Contract Services and Final Mile Services (contract services), has been named chief operating officer. Among other responsibilities in this expanded role, he will have greater oversight of asset operations across all divisions.

J.B. Hunt Transport Services, Inc. Price

J.B. Hunt Transport Services, Inc. Price

J.B. Hunt Transport Services, Inc. price | J.B. Hunt Transport Services, Inc. Quote

Executive vice president and chief commercial officer, Shelley Simpson, will have added responsibility for international services and corporate marketing. She will also assume the role of executive vice president, people and human resources.

Meanwhile, J.B. Hunt chose Craig Harper for its newly created position of chief sustainability officer. He will focus on sustainability initiatives. Additionally, executive vice president Brad Hicks has been appointed president of highway services.

It remains to be seen how these managerial changes impact the company as it deals with coronavirus-led challenges.

Zacks Rank & Key Picks

J.B. Hunt carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are Expeditors International of Washington EXPD, Landstar System LSTR and FedEx Corporation FDX. While FedEx sports a Zacks Rank #1 (Strong Buy), Expeditors and Landstar carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Expeditors, Landstar and FedEx have rallied more than 15%, 16% and 92% respectively so far this year.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

Click here for the 6 trades >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
FedEx Corporation (FDX): Free Stock Analysis Report
J.B. Hunt Transport Services, Inc. (JBHT): Free Stock Analysis Report
Expeditors International of Washington, Inc. (EXPD): Free Stock Analysis Report
Landstar System, Inc. (LSTR): Free Stock Analysis Report
To read this article on click here.
Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics


Latest Markets Videos


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More