Old Dominion Freight Line Announces Exec Leadership Changes

Old Dominion Freight Line is rolling big with top executive changes.

Effective May 16, 2018, Greg C. Gantt has been elected to serve as the Company’s Chief Executive Officer, succeeding David S. Congdon, who has served as CEO since January 2008 and Vice Chairman of the Board of Directors since May 2015. Gantt, who will also retain his current title of President, originally joined the Company as a Regional Vice President in 1994 and has assumed ever-increasing roles and responsibilities over the past 24 years.

Also effective May 16, 2018, David S. Congdon will become Executive Chairman of the Board, succeeding current Executive Chairman Earl E. Congdon, who will transition to the role of Senior Executive Chairman on the same date. Congdon and Congdon will both remain executive officers of the Company.

Earl Congdon said, “A big part of Old Dominion’s success has been our consistent approach to operating with a long-term perspective, and today’s announcement reflects our Board’s thoughtful approach to timely and careful succession planning. We are fortunate to have a remarkable team, and we are committed to developing leaders from within as part of our unique culture.”

 

Category: General Update, News, People