USA Truck Appoints Michael K. Borrows As CFO

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USA Truck, Inc.
USAK
, a leading North American transportation and logistics provider, today announced the appointment of Michael K. Borrows as chief financial officer effective September 23, 2014. Mr. Borrows has an extensive background in transportation and finance. He held finance and accounting leadership positions of increasing responsibility for 14 years at Kansas City Southern and BNSF Railway. At Kansas City Southern, where his last position was senior vice president and chief accounting officer, Mr. Borrows was responsible for all accounting-related functions in the U.S. and Mexico, and worked closely with operations as well as the audit committee and board. Immediately prior to joining USA Truck, he served as senior vice president and managing director at Pollen, Inc., a technology-based company doing business as C2FO that enables companies worldwide to optimize their working capital. At C2FO, Mr. Borrows worked primarily with Fortune 500 companies, many in the transportation sector. Prior to C2FO, Mr. Borrows was senior managing partner and chief financial officer of FinEquity Partners LLC, which provided management consulting services to the transportation industry, among others. A CPA, Mr. Borrows also earned an M.B.A. from DePaul University Kellstadt School of Business in Chicago, IL, and has a B.S. in Finance, from Liberty University. President and CEO John Simone commented, "We are delighted to welcome Michael to the USA Truck team. With more than two decades of experience in finance and transportation, a keen strategic and analytical focus, and extensive experience in publicly listed companies, Michael is uniquely suited to USA Truck. His proven capabilities will help us continue our forward momentum and further improve our Company's financial performance." Mr. Borrows replaces Clifton R. Beckham, who, as previously announced, notified the Company in August 2014 of his plan to proceed with his resignation as executive vice president and chief financial officer.
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