Ingles Chairman Robert Ingle's 2008 pay rises 18% to $647K
Ingles reports 2008 executive compensation
By ExecPay News
Published: December 23, 2008
Ingles reported fiscal year 2008 executive compensation information on December 23, 2008.
In 2008, five Ingles executives received on average a compensation package of $407K, a 12% increase compared to previous year.
Average pay of disclosed executives at Ingles
Robert P. Ingle, II, Chairman, received $647K in total, which increased by 18% compared to 2007. 74% of Ingle's compensation, or $477K, was in salary. Ingle also received $150K in bonus and $20K in other compensation.
James W. Lanning, Chief Operating Officer, received a compensation package of $634K, which increased by 18% compared to previous year. 75% of the compensation package, or $477K, was in salary.
Ronald B. Freeman, Chief Financial Officer, earned $320K in 2008, a 8% increase compared to previous year.
Charles L. Gaither, Jr, President, Milkco, Inc, received $244K in 2008, which decreases by 2% compared to 2007.
Robert P. Ingle, Chief Executive Officer, earned $192K in 2008, a 3% increase compared to previous year.
Ingles' fiscal year ends on September 24.
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Source: SEC filing on December 23, 2008.