Management ChangeSep 22, 2026, 02:22 PM
Old Dominion Freight Line Appoints New Director, Loses One
AI Summary
Old Dominion Freight Line, Inc. announced the retirement of Dr. John D. Kasarda from its Board of Directors. Concurrently, the Board elected Worthing F. Jackman as a new independent director, effective immediately. Mr. Jackman has been appointed to the Governance and Nomination Committee and the Talent and Compensation Committee. He will receive compensation in line with the Company's non-employee director program, including an annual cash retainer and a restricted stock award.
Key Highlights
- John D. Kasarda, Ph.D. retired from the Board of Directors.
- Worthing F. Jackman was elected as a new independent director to the Board.
- Mr. Jackman was appointed to the Governance and Nomination Committee and Talent and Compensation Committee.
- Mr. Jackman will receive a pro rata portion of an $110,000 annual cash retainer.
- Mr. Jackman will receive a pro rata portion of an annual restricted stock award with a grant value of $172,000.
Price Impact
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