USA Truck, Inc.
Jason R. Bates
Executive Vice President & CFO
Investor Relations Officer
VAN BUREN, Ark.--(BUSINESS WIRE)--USA Truck, Inc. (NASDAQ: USAK), today announced the passing of longtime chairman Robert A. Peiser. Mr. Peiser retired from the Board of Directors this week and is succeeded as Chairman by Alexander D. Greene, a member of the board since 2014.
James D. Reed, President and Chief Executive Officer of USA Truck commented:
“It is with a heavy heart that we share the news of Bob’s passing Wednesday night. He was an inspirational leader and fierce advocate for USA Truck - unmistakably direct, intensely competitive and a tough but reasonable business person who balanced that toughness with incredible humor and compassion.
“Bob was the consummate professional and best board member I ever met. He was unflappable and even tempered in tense situations and unmatched in his logic and reasoning - he saw clearly among ambiguity and confusion – it was his ‘Jedi skill.’”
Mr. Peiser joined the board of USA Truck, Inc. in February 2012. He was appointed Vice Chairman of the Board in August 2012 and Chairman of the Board in November 2012, a position he held until his retirement on May 21, 2019.
Mr. Peiser served professionally in a variety of roles including as the Chief Executive Officer and Chairman of the Board of Omniflight Helicopters, Inc.; President, CEO and a Director of Imperial Sugar Company; and as Chief Financial Officer of Trans World Airlines.
Mr. Peiser graduated with an Economics Degree from The University of Pennsylvania and an MBA from Harvard Business School. He served on a number of public and private boards and was passionate about the Houston Symphony, the Texans, and his beloved Astros. He is survived by his wife, Nancy; four children: Karyn Saxon (Todd), Brian Peiser (Lisa), Craig Peiser (Stacey), Scott Peiser (Whitney); 8 grandchildren: Jenna (13), Annabelle (10), Sophia (13), Alex (11), Ava (9), Vivienne (9), Hunter (10), and Sydney (8); and 2 step sons: Walter Heap and Edward Heap.
Mr. Peiser was 70 years old.
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