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Old Dominion logoOld Dominion ODFL

The company said its board elected Clayton G. Brinker as Vice President – Accounting and Finance and designated him principal accounting officer on May 15, 2024, both effective August 2, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its board elected Clayton G. Brinker as Vice President – Accounting and Finance and designated him principal accounting officer on May 15, 2024, both effective August 2, 2024.

  2. Old Dominion said Kimberly S. Maready, the current Vice President – Accounting and Finance, will retire on the effective date, August 2, 2024. The company said Brinker, a 39-year-old certified public accountant, has served as Director – Financial Reporting since joining in March 2016.

  3. The company said shareholders elected 12 directors to one-year terms at its annual meeting on May 15, 2024. The advisory vote on executive compensation was approved with 94,432,207 votes in favor. A shareholder proposal on greenhouse gas reduction targets was not approved, with 23,760,668 votes for and 73,487,605 against. The company said the directors were elected for 1-year terms.

  4. The company said its board declared a quarterly cash dividend of $0.26 per common share, payable on June 19, 2024 to shareholders of record at the close of business on June 5, 2024. The company said the dividend represents a 30% increase over the quarterly cash dividend paid in June 2023, after giving effect to the two-for-one stock split 2-for-1 in March 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Clayton G. Brinker Elected Vice President – Accounting and Finance

The company said its board elected Clayton G. Brinker as Vice President – Accounting and Finance and designated him principal accounting officer on May 15, 2024, both effective August 2, 2024.

Source · Based on the filing body and exhibits

Kimberly S. Maready Retiring; Brinker Background

Old Dominion said Kimberly S. Maready, the current Vice President – Accounting and Finance, will retire on the effective date, August 2, 2024. The company said Brinker, a 39-year-old certified public accountant, has served as Director – Financial Reporting since joining in March 2016.

Source · Based on the filing body and exhibits

Annual Meeting Voting Results on May 15, 2024

The company said shareholders elected 12 directors to one-year terms at its annual meeting on May 15, 2024. The advisory vote on executive compensation was approved with 94,432,207 votes in favor. A shareholder proposal on greenhouse gas reduction targets was not approved, with 23,760,668 votes for and 73,487,605 against. The company said the directors were elected for 1-year terms.

Source · Based on the filing body and exhibits

Declares Quarterly Cash Dividend of $0.26 per Share

The company said its board declared a quarterly cash dividend of $0.26 per common share, payable on June 19, 2024 to shareholders of record at the close of business on June 5, 2024. The company said the dividend represents a 30% increase over the quarterly cash dividend paid in June 2023, after giving effect to the two-for-one stock split 2-for-1 in March 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.