01—Abstract
Summary
Summary of the 8-K filed September 22, 2026. Cited figures are marked; the original filing is the authoritative source.
Old Dominion Freight Line, Inc. (ODFL) has announced a change to its Board of Directors.
Dr. John D. Kasarda has retired from the Board, effective immediately. The company stated that his retirement was not due to any disagreements regarding operations, policies, or practices.
Concurrently, the Board has elected Mr. Worthing F. Jackman as a new independent director.
Mr. Jackman brings significant executive experience, most recently serving as CEO of Waste Connections, Inc. He has also been appointed to the Governance and Nomination Committee and the Talent and Compensation Committee, indicating his expected contributions to key board functions. His appointment is effective immediately, and he will receive compensation in line with the company's non-employee director program.
02—Key points
Key Highlights
- Dr. John D. Kasarda has retired from the ODFL Board of Directors.
- Dr. Kasarda's retirement was amicable and not related to any disagreements with the Company.
- Worthing F. Jackman has been elected as a new independent director to the Board.
- Mr. Jackman brings extensive experience, including recent CEO tenure at Waste Connections, Inc.
- Mr. Jackman has been appointed to the Governance and Nomination Committee and the Talent and Compensation Committee.
- Mr. Jackman will receive standard compensation for non-employee directors, including an annual cash retainer and restricted stock award.
- There are no undisclosed arrangements or relationships concerning Mr. Jackman's election.
03—Questions
Frequently Asked Questions
Why did Dr. John D. Kasarda retire from the Board?
Dr. Kasarda retired due to his decision to step down. The Company explicitly stated that his retirement was not a result of any disagreements concerning the Company's operations, policies, or practices.
Who is Worthing F. Jackman and what is his background?
Mr. Worthing F. Jackman is a new independent director elected to the Board. He is 62 years old and most recently served as CEO of Waste Connections, Inc. He has a strong financial and operational background, having held roles such as President and CFO at Waste Connections, and currently serves on the boards of Quanta Services, Inc. and WillScot Holdings Corporation.
What committees will Mr. Jackman serve on?
Mr. Jackman has been appointed to two key committees of the Board: the Governance and Nomination Committee and the Talent and Compensation Committee.
How will Mr. Jackman be compensated as a director?
Mr. Jackman will be compensated according to ODFL's standard non-employee director compensation program. This includes a pro rata portion of an $110,000 annual cash retainer and an annual restricted stock award valued at $172,000.
04—Continue