Ingles CEO James Lanning's 2020 pay rises 2% to $1.3M
Ingles reports 2020 executive compensation
By ExecPay News
Published: December 23, 2020
Ingles reported fiscal year 2020 executive compensation information on December 23, 2020.
In 2020, four Ingles executives received on average a compensation package of $806K, a 3% increase compared to previous year.
James W. Lanning, Chief Executive Officer, received $1.3M in total, which increased by 2% compared to 2019. 60% of Lanning's compensation, or $753K, was in salary. Lanning also received $475K in bonus and $32K in other compensation.
Robert P. Ingle, Chairman, received a compensation package of $1.1M, which increased by 1% compared to previous year. 61% of the compensation package, or $693K, was in salary.
Ronald B. Freeman, Chief Financial Officer, earned $513K in 2020, a 6% increase compared to previous year.
L. Keith Collins, President, Milkco, Inc, received $321K in 2020, which increases by 5% compared to 2019.
Ingles' fiscal year ends on September 24.