Ingles Chairman Robert Ingle's 2022 pay jumps 108% to $3.9M
Ingles reports 2022 executive compensation
By ExecPay News
Published: January 5, 2023
Ingles reported fiscal year 2022 executive compensation information on January 5, 2023.
In 2022, five Ingles executives received on average a compensation package of $1.5M, a 22% increase compared to previous year.
Average pay of disclosed executives at Ingles
Robert P. Ingle, Chairman, received $3.9M in total, which increased by 108% compared to 2021. 71% of Ingle's compensation, or $2.8M, was in bonus. Ingle also received $1.1M in salary and $80K in other compensation.
James W. Lanning, Chief Executive Officer, received a compensation package of $2.2M, which increased by 13% compared to previous year. 53% of the compensation package, or $1.2M, was in bonus.
Ronald B. Freeman, Chief Financial Officer, earned $470K in 2022, a 25% decrease compared to previous year.
L. Keith Collins, President, Milkco, Inc, received $428K in 2022, which increases by 8% compared to 2021.
Patricia E. Jackson, Chief Financial Officer, earned $367K in 2022.
Ingles' fiscal year ends on September 24.
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Source: SEC filing on January 5, 2023.