USA Truck, Inc. (USAK), a transportation and logistics provider, announced that it has appointed Thomas Glaser as its chief executive officer or CEO and president. Former CEO and director John Simone has resigned so he can continue focusing on improving his health.
Glaser, a USA Truck director, served as interim chief operating officer since April 6, 2015, when Simone took a medical leave, the company said.
Commenting on Glaser, the company said he has more than 30 years of management experience in the trucking industry, including serving as president of two truckload carriers, Arnold Transportation Services from 2008 to 2010 and Celadon Trucking Services, Inc. from 2001 to 2007. Between 1988 and 2001, Glaser served in various positions as a vice president in operations, marketing and sales at Contract Freighters, Inc.
The company said it expects to record about $1.3 million in the third quarter of 2015 reflecting severance and related costs with respect to Simone's departure.
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