People: Old Dominion Freight Line Inc (ODFL.OQ)
16 Aug 2018
Mr. David S. Congdon has been appointed Executive Chairman of the Board of the Company effective as of May 16, 2018 . He previously served as our President and Chief Executive Officer since January 2008. He was our President and Chief Operating Officer from May 1997 to December 2007 and served in various positions in operations, maintenance and engineering between 1978 and 1997. He was first elected a director in 1998 and is the son of Earl E. Congdon. Mr. Congdon, through his 39 years of service to us, including 20 years of service as an executive officer of Old Dominion, has played a critical role in helping us develop our strategic plan and grow our operations through geographic expansion and acquisitions. He has experience leading us through difficult operating conditions and has guided Old Dominion to sustained profitability. The Board benefits from Mr. Congdon’s critical knowledge of the LTL industry, as well as his deep understanding of the operational and regulatory complexities that we must address as a publicly-traded transportation company.
|Total Annual Compensation, USD||611,833|
|Restricted Stock Award, USD||378,973|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||6,204,540|
|Fiscal Year Total, USD||7,195,350|