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    Frederick J. Holzgrefe

    President and Chief Executive Officer at Saia Inc
    Board
    Since April 2020
    Age
    57 years
    Tenure
    Joined SAIA in September 2014 as Vice President and Chief Financial Officer, then advanced through roles as Executive Vice President and CFO, President and Chief Operating Officer, and has served as President and Chief Executive Officer since April 2020 with board membership commencing in January 2019.

    Also at Saia Inc

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    Anthony R. Norwood
    Executive Vice President and Chief Human Resources Officer
    DLC
    Douglas L. Col
    Executive Vice President and CFO
    KWB
    Kelly W. Benton
    Vice President and Chief Accounting Officer

    About

    Frederick J. Holzgrefe, III currently serves as the President and Chief Executive Officer of Saia, Inc. and is 57 years old as of fiscal year 2024. His extensive leadership experience combines deep insights in both financial and operational management.

    He began his tenure at SAIA in September 2014 when he joined as Vice President and Chief Financial Officer. Over the subsequent years, he advanced through several key roles including Executive Vice President and CFO, then President and Chief Operating Officer, and ultimately assumed his current role as President and CEO in April 2020.

    In addition to his executive responsibilities, he has contributed significantly as a member of the Board of Directors since January 2019. His background includes valuable experience in diverse industries such as food, technology, and financial advisory services, which underpins his effective leadership at the company.

    $SAIA Performance Under Frederick J. Holzgrefe

    Past Roles

    OrganizationRoleDate RangeDetails
    Saia, Inc.President and Chief Operating Officer May 2019 to April 2020 Held position prior to becoming CEO
    Saia, Inc.President, Chief Operating Officer, and Chief Financial Officer January 2019 to May 2019 Role transitioned during internal reorganization
    Saia, Inc.Executive Vice President and Chief Financial Officer July 2017 to January 2019 Preceded promotion to higher leadership roles
    Saia, Inc.Vice President and Chief Financial Officer September 2014 to July 2017 Early executive role at the company

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$910,000 N/AFixed annual salary
    Perquisites & Other Personal Benefits$11,039 N/AFixed annual benefit
    Car Allowance$8,706 N/AFixed annual car allowance
    Company Contributions to Defined Contribution Plans (401(k))$9,900 N/AFixed annual contribution
    Company Contributions to Defined Contribution Plans (Deferred Compensation)$126,147 N/AFixed annual contribution
    Life Insurance Premiums$4,902 N/AFixed annual premium

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan

    MetricThreshold PayoutTarget PayoutMaximum PayoutWeightGrant DateVesting ScheduleAdditional Details
    Annual Cash Incentive$250,250 $1,001,000 $2,002,000 50% Operating Income, 50% Operating RatioJanuary 31, 2023 No vesting; cash-basedPayout expressed as % of base salary: 27.5% (threshold), 110.0% (target), 220.0% (maximum)

    Performance Stock Units (PSUs)

    MetricThreshold SharesTarget SharesMaximum SharesWeightGrant DateVesting ScheduleAdditional Details
    Performance Stock Units (PSUs)1,175 4,698 9,396 Based on Total Shareholder Return (TSR)February 8, 2023 Vest upon TSR performance over a 3-year period (2023-2025), with payment in February 2026 Grant Date Fair Value: $2,018,026 ; Performance evaluated against a peer group

    Restricted Stock (RS)

    MetricShares GrantedGrant Date Fair ValueVesting ScheduleAdditional Details
    Restricted Stock (RS)4,698 $1,364,863 1/3 vests annually on February 8 of 2024, 2025, and 2026 N/A

    Pay Versus Performance Adjustments

    MetricActual ResultAdditional Details
    Compensation Actually Paid (CAP)$17,257,547 Adjusted for fair value of equity awards and SEC adjustments; Performance metrics include TSR ($470.60 ), Net Income ($354,857,000 ), and Operating Income ($460,496,000 )