Weis Markets Chairman Robert Weis' 2009 pay jumps 27% to $2M
Weis Markets reports 2009 executive compensation
By ExecPay News
Published: March 11, 2010
Weis Markets reported fiscal year 2009 executive compensation information on March 11, 2010.
In 2009, six executives at Weis Markets received on average a compensation package of $972K, a 7% decrease compared to previous year.
Average pay of disclosed executives at Weis Markets
Robert F. Weis, Chairman, received $2M in total, which increased by 27% compared to 2008. 37% of Weis' compensation, or $725K, was in salary. Weis also received $387K of change in pension value and nonqualified deferred compensation earnings, $703K in non-equity incentive plan, as well as $169K in other compensation.
David J. Hepfinger, Chief Executive Officer, received a compensation package of $1.5M, which increased by 9% compared to previous year. 45% of the compensation package, or $692K, was in salary.
Jonathan H. Weis, Secretary, earned $1.1M in 2009, a 53% increase compared to previous year.
William R. Mills, Chief Financial Officer, received $566K in 2009, which increases by 7% compared to 2008.
John J. Ropietski Jr, Senior Vice President of Operations, earned $404K in 2009.
Scott F. Frost, Chief Financial Officer, received $218K in 2009.
Weis Markets' fiscal year ends on December 25.
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Source: SEC filing on March 11, 2010.