Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 28, 2023, the Board of Directors (the "Board") of Old Dominion
Freight Line, Inc. (the "Company"), upon the recommendation of the Board's
Governance and Nomination Committee, elected and appointed the following current
employees of the Company to the positions described below, effective as of July
1, 2023, in connection with the Company's officer succession planning:
•
Gregory B. Plemmons, currently Senior Vice President - Sales, will serve as
Executive Vice President and Chief Operating Officer; and
•
Steven W. Hartsell, currently Vice President - Field Sales, will serve as Senior
Vice President - Sales.
Mr. Plemmons, age 58, has served as the Company's Senior Vice President - Sales
since January 2019. He previously served as the Company's Vice President - Field
Sales since September 2013. He also served as the Company's Vice President - OD
Global from December 2002 to September 2013, and previously served in various
other positions in operations and sales since joining the Company in April 1997.
There are no arrangements or understandings between Mr. Plemmons and any other
person pursuant to which he was selected as an officer. Mr. Plemmons does not
have any family relationship with any director or other executive officer of the
Company or any person nominated or chosen by the Company to become a director or
executive officer, and there are no transactions in which Mr. Plemmons has a
material interest requiring disclosure under Item 404(a) of Regulation S-K.
Mr. Hartsell, age 55, has served as the Company's Vice President - Field Sales
since January 2019 after serving as the Company's Director - Expedited Sales &
Service since May 2008. He also served as one of the Company's Regional Sales
Directors from March 2002 to May 2008, and previously served in various other
positions in operations and sales since joining the Company in January 1998.
There are no arrangements or understandings between Mr. Hartsell and any other
person pursuant to which he was selected as an officer. Mr. Hartsell does not
have any family relationship with any director or other executive officer of the
Company or any person nominated or chosen by the Company to become a director or
executive officer, and there are no transactions in which Mr. Hartsell has a
material interest requiring disclosure under Item 404(a) of Regulation S-K.
Item 8.01 Other Events.
A copy of the press release issued by the Company, dated March 1, 2023,
describing the management succession described above is attached hereto as
Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated March 1, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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