Leo Suggs - Old Dominion Independent Director

ODFL Stock  USD 182.42  14.24  7.24%   

Director

Mr. Leo H. Suggs serves as Lead Independent Director of Old Dominion Freight Line Inc. was first elected as a director in 2009 and has served as our Lead Independent Director since December 2018. Mr. Suggs has a long and distinguished career in the trucking industry that began in 1958, holding a wide range of positions that included Chairman, President and Chief Executive Officer of Overnite Transportation Company from 1996 to 2005 and President and Chief Executive Officer of UPS Freight from 2005 to 2006. As President and Chief Executive Officer of Overnite Transportation, and as a member of its Board of Directors from November 2003 to May 2005, Mr. Suggs gained extensive knowledge about managing a unionfree motor carrier in the LTL industry. He understands the opportunities and challenges associated with the LTL industry, and has firsthand knowledge of merger and acquisition considerations and strategies. Mr. Suggs previously served on the Board of Directors of privatelyheld Greatwide Logistics Services, a provider of transportation and logistics management services, from July 2011 to December 2014, and The Kenan Advantage Group, Inc., a privatelyheld tank truck hauler and logistics provider, from July 2010 to July 2015. We believe that Mr. Suggs is invaluable to our Board as an adviser on logistics services and LTL operations. since 2018.
Age 78
Tenure 6 years
Phone336 889 5000
Webhttps://www.odfl.com

Old Dominion Management Efficiency

The company has return on total asset (ROA) of 0.1981 % which means that it generated a profit of $0.1981 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3134 %, meaning that it created $0.3134 on every $100 dollars invested by stockholders. Old Dominion's management efficiency ratios could be used to measure how well Old Dominion manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 200.38 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Old Dominion Freight has a current ratio of 1.71, which is within standard range for the sector. Debt can assist Old Dominion until it has trouble settling it off, either with new capital or with free cash flow. So, Old Dominion's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Old Dominion Freight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Old to invest in growth at high rates of return. When we think about Old Dominion's use of debt, we should always consider it together with cash and equity.

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Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina. Old Dominion operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 24586 people. Old Dominion Freight (ODFL) is traded on NASDAQ Exchange in USA. It is located in 500 Old Dominion Way, Thomasville, NC, United States, 27360 and employs 22,902 people. Old Dominion is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

Old Dominion Freight Leadership Team

Elected by the shareholders, the Old Dominion's board of directors comprises two types of representatives: Old Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Dominion's management team and ensure that shareholders' interests are well served. Old Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Gantt, Pres and COO
David Congdon, Vice Chairman and CEO
Sam Faucette, Vice Compliance
Michael Wray, Independent Director
David Bates, Senior Vice President - Operations
Cecil Overbey, Sr. VP of Marketing Pricing and Strategic Devel.
Kevin Freeman, Senior Vice President - Sales
Patrick Hanley, Independent Director
Sherry Aaholm, Independent Director
Kimberly Maready, Principal Accounting Officer
Robert Culp, Lead Independent Director
Steven Hartsell, Senior Sales
Bradley Gabosch, Independent Director
Gregory Plemmons, Senior Vice President - Sales
John Kasarda, Independent Director
Ross Parr, Vice President - Legal Affairs, General Counsel, Secretary
Christopher Brooks, Senior Vice President of Human Resources & Safety
Leo Suggs, Independent Director
John Congdon, Director
Adam Satterfield, CFO, Sr. VP of Fin. and Assistant Secretary
Earl Congdon, Executive Chairman

Old Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old Dominion a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Old Dominion's price analysis, check to measure Old Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Old Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.