Business
Old Dominion Freight Line Announces Planned Executive Leadership Team Transitions
Gregory B. Plemmons to become Executive Vice President and Chief Operating Officer Steven W. Hartsell to become Senior Vice President - Sales THOMASVILLE,
About this update from Old Dominion Freight Line, Inc.
[{"type":"text","content":"\nGregory B. Plemmons to become Executive Vice President and Chief Operating Officer\n\nSteven W. Hartsell to become Senior Vice President - Sales\n\n THOMASVILLE, N.C.--(BUSINESS WIRE)--\nOld Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that effective July 1, 2023, its Board of Directors has elected Gregory B. Plemmons, who currently serves as Senior Vice President – Sales, to succeed Kevin M. (“Marty”) Freeman as the Company’s Executive Vice President and Chief Operating Officer and Steven W. Hartsell, who currently serves as Vice President – Field Sales, to succeed Mr. Plemmons as the Company’s Senior Vice President – Sales. As previously announced, Mr. Freeman will succeed Greg C. Gantt as the Company’s President and Chief Executive Officer effective July 1, 2023.\n\nMr. Gantt said, “We are excited to promote Greg and Steve and are proud of their commitment to provide our customers with superior service. Greg and Steve will continue to work with Marty and the rest of our leadership team to execute on our long-term strategic plan, and we look forward to their continued contributions.”\n\nMr. Freeman added, “I have worked closely with both Greg and Steve for many years and truly value their operational and sales expertise. Old Dominion is fortunate to have such talented leaders who have the experience and vision to continuing driving us forward.”\n\nForward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution the reader that such forward-looking statements involve risks and uncertainties that could cause actual events and results to be materially different from those expressed or implied herein, including, but not limited to, the following: (1) the challenges associated with executing our growth strategy, and developing, marketing and consistently delivering high-quality services that meet customer expectations; (2) various risks related to health epidemics, pandemics and similar outbreaks; (3) changes in our relationships with significant customers; (4) our exposure to claims related to cargo loss and damage, property damage, personal injury, workers’ compensation and healthcare, increased self-insured retention or deductible levels or premiums for excess coverage, and claims in excess of insured coverage level...