Old Dominion Freight Line Executive Compensation (FY25)
ODFL · Thomasville, NC · Executive and director compensation, fiscal 2023 to 2025
The paid brief on Old Dominion Freight Line
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): May 21, 2026
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
275 figures on this page: 264 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
More on Old Dominion Freight Line
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Kevin Freeman: $12,622,664 → $11,615,896 (8.0% lower)
CEO pay ratio: 163:1 → 147:1 (9.8% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Old Dominion Freight Line's chief executive and what were they paid?
Total compensation for Kevin Freeman, President and Chief Executive Officer, came to $11,615,896 in fiscal 2025. Compared with the $12,622,664 reported for fiscal 2024, Freeman's total was 8.0% lower.
What was Old Dominion Freight Line's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 96.8% support at the meeting held May 20, 2026.
Which companies are in Old Dominion Freight Line's peer group?
The disclosed peer group names C.H. Robinson Worldwide, Inc., Canadian Pacific Kansas City Limited, CSX Corporation, Expeditors International of Washington, Inc. and Hub Group, Inc., among others.
What is Old Dominion Freight Line's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 147:1, against median employee compensation of $79,034.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Greg Gantt Former President and Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Kevin Freeman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Adam Satterfield Executive Vice President, Chief Financial Officer and Assistant Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Plemmons Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Cecil Overbey Senior Vice President - Strategic Development | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ross Parr Senior Vice President - Legal Affairs, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kevin Freeman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Adam Satterfield Executive Vice President, Chief Financial Officer and Assistant Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Plemmons Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Cecil Overbey Senior Vice President - Strategic Development | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ross Parr Senior Vice President - Legal Affairs, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kevin Freeman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Adam Satterfield Executive Vice President, Chief Financial Officer and Assistant Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Plemmons Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Cecil Overbey Senior Vice President - Strategic Development | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ross Parr Senior Vice President - Legal Affairs, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Adam N. Satterfield | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Adam N. Satterfield | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory B. Plemmons | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory B. Plemmons | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin M. Freeman | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin M. Freeman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Overbey Jr | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ross H. Parr | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ross H. Parr | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Adam Satterfield | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Gregory Plemmons | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Ross Parr | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Kevin Freeman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Cecil Overbey | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
John D. Kasarda Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Bradley R. Gabosch | ◇ | ◇ | — | — | — | ◇ | ◇ |
Sherry A. Aaholm | ◇ | ◇ | — | — | — | ◇ | ◇ |
Andrew S. Davis | ◇ | ◇ | — | — | — | ◇ | ◇ |
Cheryl S. Miller | ◇ | ◇ | — | — | — | ◇ | ◇ |
Thomas A. Stith, III | ◇ | ◇ | — | — | — | ◇ | ◇ |
Wendy T. Stallings | ◇ | ◇ | — | — | — | ◇ | ◇ |
John R. Congdon, Jr | ◇ | ◇ | — | — | — | ◇ | ◇ |
Greg C. Gantt | ◇ | ◇ | — | — | — | ◇ | ◇ |
Leo H. Suggs | ◇ | — | — | — | — | ◇ | ◇ |
Debra S. King | ◇ | — | — | — | — | — | ◇ |
A. Randolph Smith, II, David S. Congdon and Kevin M. Freeman served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- C.H. Robinson Worldwide, Inc. CHRW
- Canadian Pacific Kansas City Limited CP
- CSX Corporation CSX
- Expeditors International of Washington, Inc. EXPD
- Hub Group, Inc. HUBG
- J.B. Hunt Transport Services, Inc. JBHT
- Knight-Swift Transportation Holdings Inc. KNX
- Landstar System, Inc. LSTR
- Norfolk Southern Corporation NSC
- Ryder System, Inc. R
- Saia, Inc. SAIA
- Schneider National, Inc. SNDR
- U-Haul Holding Company UHAL
- Union Pacific Corporation UNP
- XPO, Inc. XPO
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 21, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 17, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 20, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 15, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 16, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 17, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 19, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Old Dominion Freight Line disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Old Dominion Freight Line sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
275 figures on this page: 264 cited to the filing that reported them, 11 calculated from figures it prints.
264 cited to the filing
11 calculated from the filing
Documents cited
- 0000878927-26-000013Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000878927-26-0000062025 Compensation of Non-Employee Directors · 2025 Grants of Plan-Based Awards · CEO Pay Ratio · Director Compensation · and 2 more sections
- 0000950170-25-076120Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-25-056052Summary Compensation Table
- 0000950170-24-062139
- 0000950170-24-044327Summary Compensation Table
- 0000950170-23-022904Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-22-010304Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-21-029086Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-20-026459
- 0001564590-19-019526Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000878927-18-000025Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000878927-17-000017Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000878927-16-000070Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Old Dominion Freight Line executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ODFL (accessed 2026).
Short form: data: Velarion
The paid brief for Old Dominion Freight Line
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Old Dominion Freight Line discloses
The companies named in ODFL's own disclosed peer group.
C.H. Robinson Worldwide, Inc.CSX CorporationExpeditors International of Washington, Inc.Hub Group, Inc.J.B. Hunt Transport Services, Inc.Knight-Swift Transportation Holdings Inc.Landstar System, Inc.Norfolk Southern CorporationRyder System, Inc.Saia, Inc.Schneider National, Inc.U-Haul Holding CompanyUnion Pacific CorporationXPO, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}