In 2018, David S. Congdon earned $9.66M in total compensation at Old Dominion Freight Line, including $630.19K salary, $8.48M bonus and $439.37K in stock. Most recently sold 60,000 shares in Nov 2024. Currently holds stock worth $12.19M. Has donated $267.12M in stock to charitable causes. Led Old Dominion Freight Line as CEO for 7 years.
Compensation History
Annual executive compensation data for David S. Congdon, including salary, bonuses, and stock awards.
Year
2018
Total Compensation
$9.66M
Salary
$630.19K
Bonus
$8.48M
Other
$107.24K
Salary
$630.19KBoard Justification
The compensation philosophy emphasizes alignment with company performance, competitive pay practices, and retention strategies.
Bonus
$8.48MBoard Justification
Cash incentives earned under the Performance Incentive Plan (PIP) based on pre-tax income for the fiscal year 2018.
Other Compensation
$107.24KBoard Justification
Includes personal use of corporate aircraft, life insurance premiums, health benefits, corporate automobile benefits, and contributions to the 401(k) plan.
Restricted Stock
Board Justification
Restricted Stock Awards (RSAs) granted under the 2016 Plan that vested in 2018.
Performance Metrics
The performance metrics for the bonus compensation were based on the company's pre-tax income exceeding 2% of revenue.
David S. Congdon
Ex-CEO of Old Dominion Freight Line
Education
Not specified
Field of Expertise
Transportation & Logistics - Transportation
Sector of Economy
Industrials
Born
January 1, 1957 - 68 years ago
CEO of Old Dominion Freight Line for
7 years 3 months (Jan 2008 - Apr 2015)
Previous Experience
President and Chief Operating Officer from May 1997 to December 2007
Other Old Dominion Freight Line CEOs
Holdings
Track David S. Congdon's stock holdings and portfolio value over time.
Total Stock Sold
$113.61M
$113.61M
892,130 ODFL shares
What if they kept their stock?
If David S. Congdon didn't sell their stock, today they would have:
Extra ODFL892,130 shares worth $118.02M.
This is 3.88% and $4.41M more than what they got when they sold the stock.
Charitable Transactions
2,019,221 shares
ODFL
Recent Charitable Transactions
44,815 shares
ODFL
Nov 26, 2024
Charity
19,685 shares
ODFL
Feb 23, 2024
Charity
84 shares
ODFL
Nov 21, 2023
Charity
7,750 shares
ODFL
Nov 8, 2023
Charity
14,650 shares
ODFL
Aug 2, 2023
Charity
13,500 shares
ODFL
Nov 23, 2022
Charity
Insider Trading
David S. Congdon's recent stock transactions, purchases, and sales filed with the SEC.
44,815 shares
ODFL
Nov 26, 2024
Charity
$13.58M
ODFL at $226.30/share
Nov 6, 2024
Sale
$3.86M
ODFL at $192.68/share
Aug 29, 2024
Sale
$6.06M
ODFL at $202.30/share
Aug 26, 2024
Sale
19,685 shares
ODFL
Feb 23, 2024
Charity
$14.99M
ODFL at $441.01/share
Feb 23, 2024
Sale
84 shares
ODFL
Nov 21, 2023
Charity
$15.03M
ODFL at $390.48/share
Nov 8, 2023
Sale
7,750 shares
ODFL
Nov 8, 2023
Charity
14,650 shares
ODFL
Aug 2, 2023
Charity
Rivals
Compare David S. Congdon with competitor CEOs and industry peers.
Frederick J. Holzgrefe, III
CEO of Saia
2023 Compensation
Stock
$0.00
Salary
$910.00K
Bonus
$0.00
Other
$160.69K
Total Holdings
$8.69M
Mark Rourke
CEO of Schneider National
2023 Compensation
Stock
$1.57M
Salary
$941.67K
Bonus
$1.30M
Other
$149.06K
Total Holdings
$36.61M
Troy A. Cooper
CEO of XPO
2023 Compensation
Stock
$0.00
Salary
$850.00K
Bonus
$2.44M
Other
$14.46K
Total Holdings
$6.32M