USA Truck announces John Simone as CEO; Beckham back to CFO spot USA Truck announced that John Simone has been appointed President and Chief Executive Officer and has joined the Company's Board of Directors. Former CEO Cliff Beckham has returned to his previous role as the Company's Executive Vice President and Chief Financial Officer, which he previously held from 2002 to 2007. Both changes are effective immediately.
Knight Transportation lowers stake in USA Truck to 6.8% from 8.0% Knight Transportation sold, in a series of open market transactions, an aggregate of 119,419 shares between April 1 and June 18 in order to realize a return on their investment in USA Truck. As Knight Transportation has previously indicated, Knight Transportation may continue to own shares in USA Truck and will continue to consider its options in the future regarding its investment in USA Truck.