---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-022917"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:56:07.060716+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ODFL promotes Adam Satterfield to EVP – Finance, CFO; base salary raised to $628,074

## Summary
- Adam N. Satterfield promoted to Executive VP – Finance & CFO, effective July 1, 2023.
- Base salary increased to $628,074 per year.
- Performance Incentive Plan participation factor raised to 0.30%.

## SEC filing metadata
- accession: 0000950170-23-022917
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878927/000095017023022917/0000950170-23-022917-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017023022917/odfl-20230517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-022917
- JSON: https://secwatch.observer/filing/0000950170-23-022917.json
- Plain text: https://secwatch.observer/filing/0000950170-23-022917.txt

## Key facts
- Executive change
  Adam N. Satterfield was appointed as Executive Vice President – Finance, Chief Financial Officer and Assistant Secretary of the Company at OLD DOMINION FREIGHT LINE, INC..
  - Action: elected and appointed
  - Role: Executive Vice President – Finance, Chief Financial Officer and Assistant Secretary of the Company
  source text: elected and appointed Adam N. Satterfield, currently Senior Vice President – Finance, Chief Financial Officer and Assistant Secretary of the Company, to serve as Executive Vice President – Finance, Chief Financial Officer and Assistant Secretary of the Company, effective July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023022917/0000950170-23-022917-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.