Beckham stepping down as CFO of USA Truck

by The City Wire staff ([email protected]) 125 views 

Clifton Beckham is stepping down as chief financial officer of Van Buren-based USA Truck effective Sept. 30. The company is in the midst of a search for his replacement.

Beckham was replaced by John Simone as the trucking company’s CEO in early 2013 following four consecutive years of financial losses. In the shift, Beckham returned to the CFO post, a position he held between 2002 and 2007.

“On behalf of the board of directors and the entire Company, I want to thank Cliff for his invaluable contributions over 20 years of service to USA Truck,” USA Truck Chairman Robert Peiser said in a statement. “Since returning to his previous role as chief financial officer in February 2013 after serving as chief executive officer for nearly six years, Cliff continued to demonstrate singular dedication and tireless efforts to implementing the Company’s turnaround plan. All of us admire him for his integrity and selfless commitment to USA Truck, and wish him the best as he begins a new phase of his career.”

In the statement, Beckham said he is leaving the company to pursue new opportunities, but is grateful for his time at USA Truck.

“I feel privileged to have spent so many years at USA Truck and look forward to watching John and his management team continue to strengthen the organization, create a winning environment for employees and deliver value for USA Truck’s shareholders.”