USA Truck Execs See Pay Raises Across Board


USA Truck Execs See Pay Raises Across Board
USA Truck CEO James Reed (Corey S. Krasko)

CEO James Reed of USA Truck Inc. of Van Buren received total compensation of nearly $1.88 million in 2021, an increase from the $1.6 million he earned in 2020, according to a proxy filing the company filed with the U.S. Securities & Exchange Commission.

Reed’s compensation included salary of $511,250, up from $500,000, and stock awards of $749,835, up from $555,005. Reed received $597,004 in incentive-plan compensation, up from $558,097.

The company reported Reed’s total compensation was just shy of 42 times the median employee’s income of $44,643. USA Truck reported fiscal 2021 revenue of $710.4 million, up from $551.1 million the previous year, and 2021 income of $24.8 million, up from $4.7 million in 2020.

Total compensation for USA Truck’s other named executives were markedly up thanks to increase in stock awards.

Other named executives and their compensation:

  • Timothy Guin, chief commercial officer, earned total compensation of $1.12 million in 2021, up from $691,025. That included a base salary of $317,500, stock awards of $508,395 and incentive compensation of $278,215; Guin had received $107,310 in stock awards in 2020.
  • George Henry, senior vice president in charge of USAT Logistics, received total compensation of $813,498, up from $497,324. That included a base salary of $247,500, stock awards of $360,000 and nearly $200,000 in incentive compensation; Henry had received $62,310 in stock awards in 2020.
  • Zachary King, CFO, received total compensation of $807,689 in 2021, up from $464,312. That included a base salary of $251,250, stock awards of $364,200 and $184,752 in incentive compensation; King had received $62,419 in stock awards in 2020.
  • Kim Littlejohn, chief information officer, received total compensation of $620,787, up from $475,304. That included a base salary of $240,000, stock awards of $201,600 and $173,885 in incentive compensation; Littlejohn had received $62,310 in stock awards in 2020.

USA Truck announced its annual shareholders meeting would be held at 9 a.m. May 18 in Waxahachie, Texas.

The agenda includes the re-election of two of its seven board members and the reappointment of Grant Thornton LLP as the company’s independent auditor.


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