Village Super Market COO Robert Sumas' 2009 pay slips 8% to $1.7M
Village Super Market reports 2009 executive compensation
By ExecPay News
Published: November 6, 2009
Village Super Market reported fiscal year 2009 executive compensation information on November 6, 2009.
In 2009, five executives at Village Super Market received on average a compensation package of $1.5M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Village Super Market
Robert Sumas, Chief Operating Officer, received $1.7M in total, which decreased by 8% compared to 2008. 46% of Sumas' compensation, or $788K, was of change in pension value and nonqualified deferred compensation earnings. Sumas also received $276K in bonus, $629K in salary, as well as $6.5K in other compensation.
James Sumas, Chief Executive Officer, received a compensation package of $1.5M, which decreased by 22% compared to previous year. 50% of the compensation package, or $780K, was in salary.
Kevin Begley, Chief Financial Officer, earned $1.4M in 2009, a 10% decrease compared to previous year.
William Sumas, Executive Vice President, received $1.4M in 2009, which decreases by 14% compared to 2008.
John P. Sumas, Executive Vice President, earned $1.4M in 2009, a 13% decrease compared to previous year.
Village Super Market's fiscal year ends on July 27.
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Source: SEC filing on November 6, 2009.