Sundar PichaiSundar Pichai earned $164M in 2023

David S. Congdon is the Executive Chairman of Old Dominion Freight Line, a major transportation company in the U.S. Born on October 2, 1956, he has over 38 years of experience with the company, having started in operations in 1978....

Quick Links
O

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

Holdings

See how much did David S. Congdon make over time.

David S. Congdon has significant holdings at Old Dominion Freight Line, where he manages a variety of family trusts. His largest stake includes 2,675,566 shares through shared voting and investment rights as a co-manager of Congdon Family, LLC. Additionally, he...

Mar 18, 2025

Total Stock Sold

$65.70M

ODFL

$65.70M

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 $74.02M.
This is 12.67% and $8.32M more than what they got when they sold the stock.

Charitable Transactions

ODFL

2,019,221 shares

ODFL

Recent Charitable Transactions

ODFL

44,815 shares

ODFL

Nov 26, 2024

Charity

ODFL

19,685 shares

ODFL

Feb 23, 2024

Charity

ODFL

84 shares

ODFL

Nov 21, 2023

Charity

ODFL

7,750 shares

ODFL

Nov 8, 2023

Charity

ODFL

14,650 shares

ODFL

Aug 2, 2023

Charity

ODFL

13,500 shares

ODFL

Nov 23, 2022

Charity

Insider Trading

See recent insider trades of David S. Congdon.

ODFL

44,815 shares

ODFL

Nov 26, 2024

Charity

ODFL

$13.58M

ODFL at $226.30/share

Nov 6, 2024

Sale

ODFL

$3.86M

ODFL at $192.68/share

Aug 29, 2024

Sale

ODFL

$6.06M

ODFL at $202.30/share

Aug 26, 2024

Sale

ODFL

19,685 shares

ODFL

Feb 23, 2024

Charity

ODFL

$14.99M

ODFL at $441.01/share

Feb 23, 2024

Sale

ODFL

84 shares

ODFL

Nov 21, 2023

Charity

ODFL

$15.03M

ODFL at $390.48/share

Nov 8, 2023

Sale

ODFL

7,750 shares

ODFL

Nov 8, 2023

Charity

ODFL

14,650 shares

ODFL

Aug 2, 2023

Charity

Compensation History

See how much did David S. Congdon make over time.

In 2018, David S. Congdon's total compensation at Old Dominion Freight Line reached about $9.66 million, with a base salary of $630,188 and a staggering bonus of $8.48 million tied to the company's performance. His compensation structure is designed to align with the company's profitability, incentivizing him to drive the company's success effectively. Over the years, his compensation has shown a strong performance linkage, with 2017 showing around $7.2 million and 2016 at $6.02 million, highlighting the company's growth during his tenure. This incentivized compensation reflects his commitment to aligning his success with the company’s objectives and overall financial health.

Year

2018

Total Compensation

$9.66M

Salary

$630.19K

Board Justification

The compensation philosophy emphasizes alignment with company performance, competitive pay practices, and retention strategies.

Bonus

$8.48M

Board Justification

Cash incentives earned under the Performance Incentive Plan (PIP) based on pre-tax income for the fiscal year 2018.

Other

$107.24K

Board Justification

Includes personal use of corporate aircraft, life insurance premiums, health benefits, corporate automobile benefits, and contributions to the 401(k) plan.

Restricted Stock

$439.37K(3.22K RSAs)

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.