Skip to main content

Old Dominion Freight Line, Inc.

Founders

Who Founded Old Dominion?

Earl Congdon, Lillian Congdon · Founded 1934 · HQ today: Thomasville, North Carolina, United States

Who founded Old Dominion?

Old Dominion was founded by Earl Congdon, Lillian Congdon in 1934 in Richmond, Virginia, United States. It is now led by Kevin M. "Marty" Freeman.

Founders
Earl Congdon, Lillian Congdon
Founded
1934
Headquarters
Thomasville, North Carolina, United States
Number of founders
2
Current CEO
Kevin M. "Marty" Freeman (since 2023)
Where was Old Dominion founded?
Old Dominion was founded in Richmond, Virginia, United States in 1934. wikidata.org
When was Old Dominion founded?
Old Dominion was founded in 1934.
Who started Old Dominion?
Old Dominion was founded by Earl Congdon and Lillian Congdon.
How old is Old Dominion?
Old Dominion is 92 years old as of 2026.

Founding Story

Earl and Lillian Congdon started Old Dominion in 1934 in Richmond, Virginia, with one truck running between Richmond and Norfolk. The name comes from Virginia's nickname, the Old Dominion. The company later moved its headquarters to Thomasville, North Carolina, went public on Nasdaq in 1991, and expanded from a regional Southeastern carrier into a national LTL network after trucking deregulation in 1980.

Background

Earl Congdon co-founded Old Dominion Freight Line in 1934 in Richmond, Virginia, starting with a single truck on the Richmond-Norfolk route.

Role at Old Dominion Freight Line, Inc.

Earl Congdon and his wife Lillian founded Old Dominion in 1934 during the Great Depression, operating one truck between Richmond and Norfolk, Virginia. The business expanded through the Southeast in the following decades, and the Congdon family remained central to its leadership: his son Earl E. Congdon later led the company, and his grandson David S. Congdon served as CEO from 2008 to 2018 and is Executive Chairman today. Earl Congdon was born in 1930.

Background

Lillian Congdon co-founded Old Dominion Freight Line with her husband Earl in 1934 and helped run the business in its early years.

Role at Old Dominion Freight Line, Inc.

Lillian Congdon co-founded Old Dominion in 1934 alongside her husband Earl and handled much of the business side of the early company. She later led the company after Earl's death, keeping the business in family hands. Her descendants, including Executive Chairman David S. Congdon, remain involved in its governance. (Exact birth year remains publicly undisclosed).

Old Dominion Freight Line, Inc.: CEO & Leadership History

Full timeline →

Kevin M. "Marty" Freeman

President and Chief Executive Officer

2023 – Present

Joined Old Dominion in 1992 and worked in customer relations, sales and operations; served as Executive Vice President and COO from 2018 before becoming CEO in July 2023.

Gregory B. Plemmons

Executive Vice President and Chief Operating Officer

2023 – Present

As COO, he ensures the incredibly complex terminal network operates with absolute military precision, maintaining the industry's lowest claims ratio for damaged freight.

David S. Congdon

Executive Chairman

2018 – Present

As the grandson of the founders, he served as CEO during the company's absolute most explosive growth phase, cementing its reputation as the premier LTL carrier in North America.

Greg Gantt

President and Chief Executive Officer

2018 – 2023

Serving as CEO from 2018 to 2023, he guided the company through the severe supply chain shocks of the pandemic, maintaining absolutely unparalleled operational margins.

Adam N. Satterfield

Executive Vice President and Chief Financial Officer

2016 – Present

As CFO, he oversees the massive capital expenditure required to continuously expand the company's vital network of service centers, ensuring the company never runs out of capacity.

Keep researching Old Dominion

Who Founded Old Dominion? FAQ

What does the historic company name 'Old Dominion' signify?

Earl and Lillian Congdon founded Old Dominion in 1934 in Richmond, Virginia, starting with one truck on the Richmond-Norfolk route.

How did the 1980 Motor Carrier Act test the founders' business model?

The Motor Carrier Act of 1980 completely deregulated US trucking, causing over 1,000 legacy trucking companies to go bankrupt due to cut-throat pricing; Old Dominion survived and flourished by expanding non-union interstate lanes and investing in superior customer service.

Who was Lillian Congdon and what was her pioneering role in American trucking?

Lillian Congdon was one of the earliest female executives in the US trucking industry. After co-founding Old Dominion in 1934, she assumed the role of company president following her husband Earl Congdon Sr.'s death in 1950, steering the company through post-war expansion and mentoring her sons Earl Jr. and Jack.

How did Earl Congdon Jr. shape the modern Old Dominion Freight Line?

Earl Congdon Jr. served as CEO and Chairman for decades, orchestrating the transition to a non-union carrier, the 1980 post-deregulation nationwide expansion, and the 1991 NASDAQ initial public offering, cementing Old Dominion as the most disciplined operator in transportation history.

What role does the Congdon family play in Old Dominion today?

David Congdon, grandson of the founders, served as CEO from 2008 to 2018 and currently serves as Executive Chairman of the Board. The Congdon family maintains substantial equity ownership, preserving multi-generational stewardship and operational discipline.

How did the founders instill the "OD Family" culture across the workforce?

From its single-truck beginnings, the founders emphasized treating drivers and dockworkers with dignity, establishing competitive pay, clean equipment, profit-sharing bonuses, and an open-door management policy that fostered fierce employee loyalty.

Where did the name "Old Dominion" come from?

The founders named the company after Virginia's official historic nickname, "The Old Dominion" (bestowed by King Charles II of England for the colony's loyalty to the crown during the English Civil War), reflecting the carrier's proud Virginia origins.

What philanthropic legacy did the Congdon family establish?

Through the Earl and Lillian Congdon Family Foundation, the family has donated tens of millions of dollars to universities, hospitals, and community causes across Virginia and North Carolina, including High Point University's Congdon School of Health Sciences.

Related Founder Profiles

Compare founding stories, origins, and entrepreneurial journeys

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.