Robert A. Peiser. Mr. Peiser, 66, has served as a director of the Company since
February 2012. Mr. Peiser was appointed Vice Chairman of the Board in August
2012 and Chairman of the Board in November 2012. He is engaged in active service
on public as well as private corporate and not-for-profit boards. Mr. Peiser
has also served as Chairman of the Board of Primary Energy Recycling Corporation
since June 2013 and on the Board of Standard Register Company, since October
2013. Previous public board service includes Team Industrial Services, Inc.
(July 2007 to September 2012); Solutia, Inc. (February 2008 to July 2012); and,
Signature Group Holdings, Inc. (June 2010 to May 2011). From 2008 to May 2010,
Mr. Peiser served as the Chief Executive Officer and Chairman of the Board of
Omniflight Helicopters, Inc., an air medical services provider. Previously,
Mr. Peiser served as President, CEO and a director of Imperial Sugar Company,
a refiner and marketer of sugar products, from April 2002 through January 2008.
We believe Mr. Peiser’s qualifications to serve on our Board of Directors
include his broad-based executive, director and management experience with companies
in transition in a variety of domestic and international industries. He is also
the immediate past Chairman of the Texas TriCities Chapter of the National Association
of Corporate Directors (“NACD”). We believe his work with the NACD
contributes to his being a valuable resource to our Board in the area of corporate
governance best practices.
Robert E. Creager. Mr. Creager, 66, has served as a director of the Company
since November 2012. Mr. Creager has chaired the Audit Committee since 2014,
has been designated the Company’s audit committee financial expert within
the meaning of Item 407(d)(5) of Regulation S-K and meets the financial sophistication
requirements set forth in Rule 5605(c)(2)(A) of The NASDAQ Stock Market’s
listing standards. Mr. Creager is a Certified Public Accountant and has 38 years
of public accounting and industry experience. Mr. Creager also serves as the
Chairman of the Audit Committee of Mattress Firm, Inc., a publicly held mattress
retailer, and as Chairman of the Audit Committee of Houston International Insurance
Group, a property and casualty insurer, and is the current Treasurer and a Director
of the Texas TriCities Chapter of the NACD. From April 2011 to January 2013,
Mr. Creager served as Chairman of the Audit Committee of GeoMet, Inc., an independent
natural gas exploration development and production company. His experience includes
27 years as an Assurance Partner and a former Audit Practice Leader of the Houston
office of PricewaterhouseCoopers. We believe Mr. Creager’s qualifications
to serve on our Board of Directors include his extensive financial experience
and his service on other audit committees.
Richard B. Beauchamp. Mr. Beauchamp, 62, has served as a director of the Company
since 2006. Mr. Beauchamp is a Certified Public Accountant and has been a General
Partner of Norris Taylor & Company, a Certified Public Accounting firm in
Fort Smith, Arkansas, since 1980. He has worked in the accounting profession
since 1975. Mr. Beauchamp is also a director of Weldon, Williams & Lick,
Inc., a specialty printing company, former director of the University of Arkansas
Fort Smith Foundation and he serves on the boards of several community and civic
organizations. We believe Mr. Beauchamp’s qualifications to serve as a
member of our Board of Directors includes his experience as a Certified Public
Accountant and years of experience with financial matters.
John M. Simone. Mr. Simone, 53, has served as President, Chief Executive Officer
and a director since February 2013. Mr. Simone has over 30 years of leadership
experience in the transportation and logistics industry. Prior to joining the
Company, Mr. Simone served as President and Chief Executive Officer of LinkAmerica
Corporation from August 2011 through December 2012. He was President and Chief
Operating Officer of Greatwide Logistics Services, LLC from April 2008 to April
2011, and prior to that he served in various capacities with UPS Freight from
1998-2008, attaining the position of Senior Vice President, Truckload Division.
Prior to UPS, Mr. Simone was with Ryder System Inc. from 1982 to 1998 where
he held a variety of leadership positions. We believe Mr. Simone’s qualifications
to serve on our Board of Directors include his extensive management and leadership
experience in the truckload industry and his role as Chief Executive Officer
of the Company, which allows the Board of Directors to interface directly with
senior management.
William H. Hanna. Mr. Hanna, 54, has served as a director of the Company since
2005. Mr. Hanna has been President of Hanna Oil and Gas Company since 1990 and
Chairman of Hanna Oil and Gas Company since 2010. He has worked in the oil and
gas industry since 1983. Mr. Hanna is also a director of First National Bank
of Fort Smith, Arkansas and is a member of their Audit and Loan Review Committees.
Mr. Hanna brings to the Board of Directors demonstrated management ability at
senior levels. His position as President of Hanna Oil and Gas Company gives
Mr. Hanna critical insights into the operational requirements of a company our
size, which we believe qualifies him to serve as a member of our Board of Directors.
James D. Simpson, III. Mr. Simpson, 74, has served as a director of the Company
since 2010. Mr. Simpson is an investment banker with Stephens Inc., where he
has been employed since 1969. Mr. Simpson brings to the Board of Directors in-depth
knowledge of the capital markets, in particular for the transportation sector,
which we believe allows him to provide critical insights to the other members
of the Board of Directors and qualifies him to serve as a member of our Board
of Directors. Mr. Simpson is also a director of various volunteer organizations.
Alexander D. Greene. Mr. Greene, 56, has served as a director of the Company
since May 2014. Mr. Greene currently serves as a director of Overseas Shipholding
Group, Inc., a public company engaged in transporting crude oil, refined products
and gas. Mr. Greene served as Managing Partner and Head of U.S. Private Equity
with Brookfield Asset Management from 2005 through 2014. Prior to Brookfield
Asset Management, Mr. Greene was Managing Director and co-head of Carlyle Strategic
Partners at The Carlyle Group from 2003 to 2005. Previous board service includes
Civeo Corporation, a provider of remote workforce accommodations to the oil
and gas and mining industries, from October 2014 to January 2015; CWC Well Services
Corp., a provider of contract drilling and well services to oil and gas companies
in Western Canada, from 2007 to 2014; Longview Fibre Paper & Packaging,
a manufacturer of specialty paper and packaging products, from 2007 to 2013;
and the Tourette Syndrome Association, from 1999 to 2008. Mr. Greene brings
to the Board of Directors over 30 years of experience leading private equity,
restructuring and advisory transactions and experience serving on public and
private boards, which we believe qualifies Mr. Greene to serve as a member of
our Board of Directors.
Vadim Perelman. Mr. Perelman, 32, has served as a director of the Company since
May 2014. Mr. Perelman is the founder and has served as the Managing Member
and Chief Investment Officer of Baker Street Capital Management, LLC, the investment
manager of Baker Street Capital, L.P., (“BSC LP”), a private investment
partnership, since its inception in 2009. He also serves as the Managing Member
of Baker Street Capital GP, LLC, which serves as the general partner of BSC
LP. From August 2007 to September 2009, Mr. Perelman worked as a senior analyst
at Force Capital Management, a fundamental value-focused investment fund, where
he was responsible for investment idea generation and due diligence across the
consumer, industrial and financial sectors. Mr. Perelman served as a director
of Xyratex Ltd., a leading provider of data storage technology from April 2013
until its merger with Seagate Technology plc in March 2014. Mr. Perelman also
served as a director of Unilens Vision Inc., a licensor, manufacturer and distributor
of optical lens products, from April 2011 to October 2013, where he also served
as a member of the Audit Committee. Mr. Perelman also served as a director of
Tix Corporation, a leading provider of discount ticketing services, from July
2011 to December 2013. Mr. Perelman received his B.A. in Economics and Computer
Science from the University of California, Berkeley. We believe Mr. Perelman’s
significant investing and capital markets experience, as well as his experience
serving as a director of the Company, qualifies him to serve on our Board of
Directors. Mr. Perelman was appointed to our Board of Directors pursuant to
the Cooperation Agreement dated May 22, 2014, among the Company, Baker Street
Capital Management, LLC and certain affiliates and Stone House Capital Management,
LLC and certain affiliates. Mr. Perelman will be a nominee for director at the
2015 Annual Meeting pursuant to the Cooperation Agreement dated February 25,
2015, among the Company, Baker Street Capital Management, LLC, and certain affiliates
and the Cooperation Agreement dated February 25, 2015, among the Company, Stone
House Capital Management, LLC, and certain affiliates.
Thomas M. Glaser. Mr. Glaser, 65, has served as a director of the Company since
May 2014. Mr. Glaser has worked as an independent consultant to the truckload
industry since 2010, and served as interim Chief Operating Officer of the Company
from January 2013 to June 2013. Mr. Glaser served as President and Chief Executive
Officer of Arnold Transportation Services, Inc. from July 2008 to March 2010,
as well as a board member of Priority Transportation, Inc. from February 2008
to June 2010. Previously, Mr. Glaser held several positions at Celadon Group,
Inc. from April 2001 to August 2007, most recently serving as President and
Chief Operating Officer. We believe Mr. Glaser’s considerable experience
as a senior executive in the transportation industry qualifies him to serve
as a member of our Board of Directors. Mr. Glaser was appointed to our Board
of Directors pursuant to the Cooperation Agreement dated May 22, 2014, among
the Company, Baker Street Capital Management, LLC and certain affiliates and
Stone House Capital Management LLC and certain affiliates. Mr. Glaser will be
a nominee for director at the 2015 Annual Meeting pursuant to the Cooperation
Agreement dated February 25, 2015, among the Company, Baker Street Capital Management,
LLC, and certain affiliates and the Cooperation Agreement dated February 25,
2015, among the Company, Stone House Capital Management, LLC, and certain affiliates.
Gary R. Enzor. Mr. Enzor, 52, has served as a director of the Company since
September 2014. He is Chairman and Chief Executive Officer of Quality Distribution,
Inc. Mr. Enzor has served as Chairman of Quality Distribution, Inc., since August
2013, has served as Chief Executive Officer since June 2007, and as President
since November 2005. Mr. Enzor joined Quality Distribution, Inc. in December
2004 as Executive Vice President and Chief Operating Officer, prior to which,
Mr. Enzor served as Executive Vice President and Chief Financial Officer of
Swift Transportation Company since August 2002. Before joining Swift Transportation
Company, Mr. Enzor held executive positions with Honeywell, Dell Computer and
AlliedSignal, Inc. (now Honeywell International, Inc.). We believe Mr. Enzor’s
considerable experience in and thorough knowledge of the industry qualifies
him to serve as a member of our Board of Directors. Mr. Enzor will be a nominee
for director at the 2015 Annual Meeting pursuant to the Cooperation Agreement
dated February 25, 2015, among the Company, Baker Street Capital Management,
LLC, and certain affiliates and the Cooperation Agreement dated February 25,
2015, among the Company, Stone House Capital Management, LLC, and certain affiliates.
Michael K. Borrows. Mr. Borrows, 46, has served as Executive Vice President
and Chief Financial Officer since September 23, 2014. Prior to joining the Company,
Mr. Borrows served as Senior Vice President and Managing Director of Pollen,
Inc., a worldwide technology-based company that optimizes working capital and
does business as C2FO, where he served from 2011 through September 2014. Mr.
Borrows served as Senior Partner and Chief Financial Officer of FinEquity Partners,
LLC, a management consulting firm to the transportation industry, among others,
from 2009 to 2010. From 2006 to February 2009, Mr. Borrows worked at Kansas
City Southern Railway Company, ultimately serving as Senior Vice President and
Chief Accounting Officer, and prior to his tenure at Kansas City Southern Railway
Company, Mr. Borrows worked at BNSF Railway from 1996 through 2006 and served
in a variety of key leadership roles, including General Director Finance. Mr.
Borrows also serves as a board member and was a past President of the Kansas
City chapter of Financial Executives International. Mr. Borrows earned an MBA
in Finance at DePaul University Kellstadt Graduate School of Business and is
a certified public accountant.
Jeffrey H. Lester. Mr. Lester, 54, has served as Executive Vice President, Risk
Management and Safety since he commenced his employment with us in August 2013.
Prior to his employment with us, Mr. Lester was the Senior Vice President and
Chief Risk Officer at Greatwide Logistics Services, LLC from January 2006 to
May 2013.
Russell A. Overla. Mr. Overla, 41, has served as Executive Vice President, Truckload
Operations since he commenced his employment with us in June 2013. From 2009
to June 2013, Mr. Overla served as Vice President of Truckload Operations for
LinkAmerica Corporation, Vice President, Operations for JBS Carriers and NFI,
and Senior Vice President, Operations for Arnold Transportation Services.
Usa Truck inc. currently has 2800 employees.
