Former Alltel executive elected to J.B. Hunt board

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J.B. Hunt Transport Services announced Friday, Feb. 6, that its board of directors has elected Sharilyn Gasaway to the Lowell, Ark.-based company’s board. Gasaway, 40, most recently was executive vice president and chief financial officer of Alltel Corp., the Little Rock, Ark.-based wireless carrier recently acquired by Verizon Communications.

Gasaway was named Alltel’s CFO in January 2006 during a critical period in Alltel’s history. Shortly after she took on that role, Alltel spun off its wireline business into a separate publicly traded company, leaving Alltel as a pure-play wireless company, the fifth-largest wireless carrier with more than 13 million customers and more than $8 billion in annual revenue.

Subsequently, Gasaway was part of the executive team that spearheaded publicly traded Alltel’s transition through the largest private-equity buyout in the telecom sector. Most recently, Gasaway was an integral part of the successful combination of Alltel with Verizon.

Gasaway joined Alltel in 1999 as director of general accounting and has served in various roles, including controller and vice president of accounting and finance. She worked eight years with accounting firm Arthur Andersen LLC before joining Alltel. Gasaway, a Certified Public Accountant, also is a board member of the American Red Cross of Greater Arkansas and serves on its audit committee. She also is on the Louisiana Tech University College of Business advisory board.