Village Super Market CEO Robert Sumas' 2024 pay slips 20% to $1.5M
Village Super Market reports 2024 executive compensation
By ExecPay News
Published: October 28, 2024
Village Super Market reported fiscal year 2024 executive compensation information on October 28, 2024.
In 2024, four executives at Village Super Market received on average a compensation package of $1.3M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Village Super Market
Robert Sumas, Chief Executive Officer, received $1.5M in total, which decreased by 20% compared to 2023. 60% of Sumas' compensation, or $924K, was in salary. Sumas also received $446K in bonus, $150K of change in pension value and nonqualified deferred compensation earnings, as well as $18K in other compensation.
John P. Sumas, Executive Vice President, received a compensation package of $1.4M, which decreased by 24% compared to previous year. 58% of the compensation package, or $796K, was in salary.
William Sumas, Chairman, earned $1.3M in 2024, a 29% decrease compared to previous year.
Nicholas J. Sumas II, Co, President, received $1.2M in 2024, which decreases by 32% compared to 2023.
Village Super Market's fiscal year ends on July 27.
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Source: SEC filing on October 28, 2024.