8-KLeadership ChangesOther EventsExhibits & Filings

OLD DOMINION FREIGHT LINE, INC. 8-K Report, Executive Changes (Mar 1, 2023)

Filed March 1, 2023For Securities:ODFL

Summary

Old Dominion Freight Line, Inc. (ODFL) announced a planned leadership transition through an 8-K filing on March 1, 2023. The Board of Directors, following recommendations from its Governance and Nomination Committee, appointed two long-tenured employees to key executive roles, effective July 1, 2023. This move is part of the company's ongoing officer succession planning and aims to ensure a smooth handover of responsibilities. Specifically, Gregory B. Plemmons, currently Senior Vice President – Sales, will be promoted to Executive Vice President and Chief Operating Officer. Steven W. Hartsell, currently Vice President – Field Sales, will step into the role of Senior Vice President – Sales. Both individuals have extensive experience within ODFL, underscoring the company's strategy of promoting from within for critical leadership positions.

Key Highlights

  • 1Planned executive leadership transition effective July 1, 2023.
  • 2Gregory B. Plemmons promoted to Executive Vice President and Chief Operating Officer.
  • 3Steven W. Hartsell promoted to Senior Vice President – Sales.
  • 4Appointments are a result of the company's officer succession planning.
  • 5Both newly appointed executives are long-tenured employees with deep operational and sales experience at ODFL.
  • 6No undisclosed arrangements or conflicts of interest were noted for the appointees.

Frequently Asked Questions

This 8-K filing announces planned executive leadership changes as part of Old Dominion Freight Line's (ODFL) officer succession planning. It details the promotion of two key internal employees to new executive roles, effective July 1, 2023.

Gregory B. Plemmons, currently Senior Vice President – Sales, will become Executive Vice President and Chief Operating Officer. Steven W. Hartsell, currently Vice President – Field Sales, will be promoted to Senior Vice President – Sales.

The appointments of Mr. Plemmons and Mr. Hartsell are effective as of July 1, 2023.

Both Mr. Plemmons and Mr. Hartsell are long-serving employees of ODFL. Mr. Plemmons joined in 1997 and has held various roles in operations and sales, including SVP of Sales since 2019. Mr. Hartsell joined in 1998 and has also held various operational and sales positions, including VP of Field Sales since 2019.