Village Super Market CEO James Sumas' 2008 pay jumps 48% to $2M
Village Super Market reports 2008 executive compensation
By ExecPay News
Published: October 31, 2008
Village Super Market reported fiscal year 2008 executive compensation information on October 31, 2008.
In 2008, five executives at Village Super Market received on average a compensation package of $1.7M, a 68% increase compared to previous year.
Average pay of disclosed executives at Village Super Market
James Sumas, Chief Executive Officer, received $2M in total, which increased by 48% compared to 2007. 37% of Sumas' compensation, or $731K, was in salary. Sumas also received $218K in bonus, $376K of change in pension value and nonqualified deferred compensation earnings, $660K in stock awards, as well as $6.6K in other compensation.
Robert Sumas, Chief Operating Officer, received a compensation package of $1.8M, which increased by 72% compared to previous year. 36% of the compensation package, or $660K, was in stock awards.
William Sumas, Executive Vice President, earned $1.7M in 2008, a 73% increase compared to previous year.
John P. Sumas, Executive Vice President, received $1.6M in 2008, which increases by 71% compared to 2007.
Kevin Begley, Chief Financial Officer, earned $1.6M in 2008, a 87% increase compared to previous year.
Village Super Market's fiscal year ends on July 27.
Related executives
You may also like
Source: SEC filing on October 31, 2008.