Ingles CEO James Lanning's 2019 pay rises 3% to $1.2M
Ingles reports 2019 executive compensation
By ExecPay News
Published: December 27, 2019
Ingles reported fiscal year 2019 executive compensation information on December 27, 2019.
In 2019, four Ingles executives received on average a compensation package of $787K, a 2% increase compared to previous year.
James W. Lanning, Chief Executive Officer, received $1.2M in total, which increased by 3% compared to 2018. 60% of Lanning's compensation, or $742K, was in salary. Lanning also received $470K in bonus and $27K in other compensation.
Robert P. Ingle, Chairman, received a compensation package of $1.1M, which is about the same as previous year. 61% of the compensation package, or $683K, was in salary.
Ronald B. Freeman, Chief Financial Officer, earned $485K in 2019, a 3% increase compared to previous year.
L. Keith Collins, President, Milkco, Inc, received $307K in 2019, which increases by 4% compared to 2018.
Ingles' fiscal year ends on September 24.