Village Super Market Executive Vice President William Sumas' 2011 pay rises 5% to $2.2M
Village Super Market reports 2011 executive compensation
By ExecPay News
Published: October 31, 2011
Village Super Market reported fiscal year 2011 executive compensation information on October 31, 2011.
In 2011, five executives at Village Super Market received on average a compensation package of $2.1M, a 4% increase compared to previous year.
William Sumas, Executive Vice President, received $2.2M in total, which increased by 5% compared to 2010. 32% of Sumas' compensation, or $715K, was in stock awards. Sumas also received $262K in bonus, $638K of change in pension value and nonqualified deferred compensation earnings, $585K in salary, as well as $6.9K in other compensation.
Kevin Begley, Chief Financial Officer, received a compensation package of $2.2M, which increased by 2% compared to previous year. 33% of the compensation package, or $715K, was in stock awards.
James Sumas, Chief Executive Officer, earned $2.1M in 2011, a 3% increase compared to previous year.
John P. Sumas, Executive Vice President, received $2.1M in 2011, which increases by 5% compared to 2010.
Robert Sumas, Chief Operating Officer, earned $2M in 2011, a 6% increase compared to previous year.
Village Super Market's fiscal year ends on July 27.