Ingles CEO James Lanning's 2021 pay jumps 57% to $2M
Ingles reports 2021 executive compensation
By ExecPay News
Published: January 6, 2022
Ingles reported fiscal year 2021 executive compensation information on January 6, 2022.
In 2021, four Ingles executives received on average a compensation package of $1.2M, a 51% increase compared to previous year.
Average pay of disclosed executives at Ingles
James W. Lanning, Chief Executive Officer, received $2M in total, which increased by 57% compared to 2020. 52% of Lanning's compensation, or $1M, was in bonus. Lanning also received $903K in salary and $46K in other compensation.
Robert P. Ingle, Chairman, received a compensation package of $1.9M, which increased by 66% compared to previous year. 52% of the compensation package, or $975K, was in bonus.
Ronald B. Freeman, Chief Financial Officer, earned $623K in 2021, a 21% increase compared to previous year.
L. Keith Collins, President, Milkco, Inc, received $396K in 2021, which increases by 23% compared to 2020.
Ingles' fiscal year ends on September 24.
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Source: SEC filing on January 6, 2022.