Sundar PichaiSundar Pichai earned $164M in 2023
O

Greg C. Gantt

CEO of Old Dominion Freight Line

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Born

January 1, 1956 - 69 years ago

Economy Sector

Industrials

Current Tenure

6 years 10 months (May 2018 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer from June 2011 to May 2015

Greg C. Gantt served as the President and CEO of Old Dominion Freight Line from May 2018 to June 2023, continuing a journey that began when he joined the company in 1994. With nearly three decades of experience in the...

Year

2023

Total Compensation

$9.74M

Salary

$499.77K

Board Justification

The compensation philosophy aligns executive pay with company performance, focusing on long-term shareholder value and operational excellence.

Bonus

$4.66M

Board Justification

The bonus is based on the company's performance metrics, specifically tied to pre-tax income growth, and is paid out as part of the non-equity incentive plan compensation for the fiscal year.

Other

$325.15K

Board Justification

Other compensation includes various benefits and retirement contributions, including a pro rata cash retainer for his service as a non-employee director after retirement.

Restricted Stock

$4.26M(24K RSU)

Board Justification

The stock that vested in 2023 includes 20,282 shares of restricted stock and 25,068 shares of performance-based restricted stock units (PBRSUs) that were accelerated due to retirement, reflecting performance hurdles already achieved.

Performance Metrics

The performance metrics include pre-tax income growth and operating ratio, which are critical for determining the compensation of the CEO.