Old Dominion vs Samsung: Founders, CEOs and History
Old Dominion was founded in 1934 by Earl Congdon, Lillian Congdon and is led by Kevin M. "Marty" Freeman. Samsung was founded in 1969 by Lee Byung-chul and is led by Jun Young-hyun and Roh Tae-moon.
Company facts
Old Dominion
- Founded
- 1934
- Headquarters
- Thomasville, North Carolina, United States
- Current CEO
- Kevin M. "Marty" Freeman
- Employees
- 20,591
Samsung
- Founded
- 1969
- Headquarters
- Suwon, South Korea
- Current CEO
- Jun Young-hyun and Roh Tae-moon
- Employees
- 259,149
Founders
Old Dominion
Earl Congdon
Earl Congdon and his wife Lillian founded Old Dominion in 1934 during the Great Depression, operating one truck between Richmond and Norfolk, Virginia.
Lillian Congdon
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.
Samsung
Lee Byung-chul
Lee Byung-chul founded Samsung Sanghoe in Daegu in 1938, trading dried fish, produce and noodles.
CEOs and their tenures
Old Dominion
- Adam N. Satterfield2016–present
Executive Vice President and Chief Financial Officer
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.
Source - David S. Congdon2018–present
Executive Chairman
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.
Source - Greg Gantt2018–2023
President and Chief Executive Officer
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.
Source - Kevin M. "Marty" Freeman2023–present
President and Chief Executive Officer
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.
Source - Gregory B. Plemmons2023–present
Executive Vice President and Chief Operating Officer
As COO, he ensures the incredibly complex terminal network operates with absolute military precision, maintaining the industry's lowest claims ratio for damaged freight.
Source
Samsung
- Jong-Hee Han2022–2025
Vice Chairman and CEO
A longtime TV business leader who helped keep Samsung the top global TV brand. He died suddenly in March 2025 while in office.
Source - Jay Y. Lee2022–present
Executive Chairman
Grandson of the founder and son of Lee Kun-hee. He was convicted in the 2017 bribery case and pardoned in 2022, and became Executive Chairman in October 2022. In 2025 the Supreme Court upheld his acquittal in the separate merger and accounting fraud case.
Source - Jun Young-hyun2024–present
Vice Chairman, Co-Chief Executive Officer, Head of Device Solutions
He implemented a complete overhaul of the semiconductor division's engineering processes, issuing a rare public apology in 2024 for the company's technological delays.
Source - Roh Tae-moon (TM Roh)2025–present
Co-Chief Executive Officer, Head of Device eXperience
As head of the MX (Mobile eXperience) division, he heavily integrated AI features (Galaxy AI) into the S-series flagship phones to combat Apple's dominance in the premium tier.
Source
Timeline: Old Dominion and Samsung side by side
1934Old Dominion
Old Dominion Founded
Earl and Lillian Congdon started the freight carrier with one truck in Richmond, Virginia.
1938Samsung
Samsung Group begins
Lee Byung-chul founded Samsung as a trading company before later generations expanded the group into electronics and industry.
1969Samsung
Samsung Electronics established
Samsung Electronics Industry Co. Ltd. was established as the group entered electronics manufacturing.
1977Samsung
Korea Semiconductor acquired
Samsung acquired Korea Semiconductor, a key step toward memory and component manufacturing leadership.
1991Old Dominion
Nasdaq Listing
Old Dominion went public on Nasdaq under the ticker ODFL.
1993Samsung
New Management initiative
Lee Kun-hee launched the New Management push to raise quality, design, and global competitiveness.
2017Samsung
Harman acquisition closes
Samsung completed the Harman acquisition, expanding into connected car systems and premium audio.
2018Old Dominion
Greg Gantt becomes CEO
Greg Gantt succeeded David S. Congdon as CEO; Congdon became Executive Chairman.
2022Samsung
Jong-Hee Han becomes CEO
Jong-Hee Han became CEO of Samsung Electronics Co. in 2022. A longtime TV business leader who helped keep Samsung the top global TV brand.
2023Old Dominion
Marty Freeman becomes CEO
Kevin M. "Marty" Freeman became President and CEO on July 1, 2023, after Gantt retired; Greg Plemmons became COO.
2023Old Dominion
Withdrew Yellow terminal bid
Old Dominion placed a $1.5 billion stalking-horse bid for Yellow's terminals, was topped by Estes, and later pulled out of the auction.
2024Samsung
Jun Young-hyun becomes CEO
Jun Young-hyun became CEO of Samsung Electronics Co. in 2024. Head of the semiconductor (Device Solutions) division and memory business; sole CEO for part of 2025 after Han Jong-hee's death, then co-CEO with TM Roh from November 2025.
2025Old Dominion
$5.496B FY2025 Revenue
Old Dominion reported $5.496 billion of revenue and $1.024 billion of net income for FY2025.
2025Samsung
TM Roh joins Young Hyun Jun as co-CEO
Samsung named TM Roh Head of Device eXperience and CEO, joining Young Hyun Jun as co-CEO.
2025Samsung
Annual revenue reaches ~$237B (KRW 333.6T)
Samsung Electronics reported ~$237 billion (KRW 333.6 trillion) in 2025 annual revenue and ~$31 billion (KRW 43.6 trillion) in operating profit.
2025Samsung
Roh Tae-moon (TM Roh) becomes CEO
Roh Tae-moon (TM Roh) became CEO of Samsung Electronics Co. in 2025. Longtime head of the mobile business.
2026Old Dominion
Q2 2026: 70.1% operating ratio
Revenue rose 10.4% to $1.554 billion and EPS rose 32.3% to $1.68, matching the company record.
Acquisitions
Old Dominion
No verified acquisitions are listed.
Samsung
- FlaktGroup2025$1.7B
- Xealth2025Undisclosed
- Harman International2017$8B
- SmartThings2014$200M
Questions about Old Dominion vs Samsung
Who is the CEO of Old Dominion Freight Line, Inc. and Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. is led by Kevin M. "Marty" Freeman and Samsung Electronics Co., Ltd. is led by Jun Young-hyun and Roh Tae-moon. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Old Dominion Freight Line, Inc. founded vs Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. was founded in 1934 — 35 years before Samsung Electronics Co., Ltd., which was founded in 1969. Old Dominion Freight Line, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Samsung Electronics Co., Ltd..
How many employees does Old Dominion Freight Line, Inc. have compared to Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. employs approximately 20,591 people, while Samsung Electronics Co., Ltd. employs approximately 259,149. Samsung Electronics Co., Ltd. has the larger workforce at 259,149 employees, compared to Old Dominion Freight Line, Inc.'s 20,591. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Old Dominion Freight Line, Inc. and Samsung Electronics Co., Ltd. headquartered?
Old Dominion Freight Line, Inc. is headquartered in United States and Samsung Electronics Co., Ltd. is headquartered in South Korea. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Old Dominion Freight Line, Inc. and Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. was founded by Earl Congdon, Lillian Congdon. Samsung Electronics Co., Ltd. was founded by Lee Byung-chul.
Which company has a longer operating history — Old Dominion Freight Line, Inc. or Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. has been operating for approximately 92 years, making it the more established of the two companies. Samsung Electronics Co., Ltd. has been in operation for around 57 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Old Dominion vs Samsung overview