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The charts on this page feature a breakdown of the total annual pay for the top executives at OLD DOMINION FREIGHT as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. OLD DOMINION FREIGHT income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. OLD DOMINION FREIGHT annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Cecil E. Overbey Jr.
Senior Vice President - Strategic Development
Total Cash $3,319,810 Equity $901,589 Other $43,308 Total Compensation $4,264,707
Kevin M. Freeman
President and Chief Executive Officer
Total Cash $10,330,422 Equity $2,251,915 Other $39,662 Total Compensation $12,621,999
Adam N. Satterfield
Executive Vice President, Chief Financial Officer and Assistant Secretary
Total Cash $5,319,272 Equity $1,478,113 Other $46,018 Total Compensation $6,843,403
Gregory B. Plemmons
Executive Vice President and Chief Operating Officer
Total Cash $5,319,272 Equity $1,478,113 Other $32,870 Total Compensation $6,830,255
Ross H. Parr
Senior Vice President - Legal Affairs, General Counsel and Secretary
Total Cash $3,319,810 Equity $901,589 Other $45,515 Total Compensation $4,266,914
For its 2024 fiscal year, OLD DOMINION FREIGHT, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Kevin M. Freeman CEO Pay $12,622,664 Median Employee Pay $77,394 CEO Pay Ratio 163:1
For its 2023 fiscal year, OLD DOMINION FREIGHT, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Andrew S. Davis Total Cash $197,090
Bradley R. Gabosch Total Cash $237,700
D. Michael Wray Total Cash $48,627
John D. Kasarda Total Cash $251,800
John R. Congdon, Jr. Total Cash $235,300
Leo H. Suggs Total Cash $284,200
Patrick D. Hanley Total Cash $45,710
Sherry A. Aaholm Total Cash $249,883
Thomas A. Stith Total Cash $235,300
Wendy T. Stallings Total Cash $246,967

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.