by Chris Bahn
Posted 5/20/2013 12:00 am
Robert A. Peiser, the USA Truck Inc. board chairman who submitted a conditional resignation Wednesday, told Arkansas Business on Thursday that he’s “hopeful” he’ll be retained by the publicly traded Van Buren trucking firm.
Peiser, who was named to the board in February 2012, technically received enough votes at the company’s May 8 annual meeting to be re-elected. But those votes were outnumbered by a block of withheld votes that came at the urging of an advisory group unhappy with the executive.
Board members now have 60 days to decide on Peiser’s status. Peiser said that he would not plead his case to the board. He said he would let his record at the company speak for itself.