Weis Markets CEO David Hepfinger's 2010 pay jumps 93% to $3M
Weis Markets reports 2010 executive compensation
By ExecPay News
Published: March 10, 2011
Weis Markets reported fiscal year 2010 executive compensation information on March 10, 2011.
In 2010, five executives at Weis Markets received on average a compensation package of $1.4M, a 47% increase compared to previous year.
Average pay of disclosed executives at Weis Markets
David J. Hepfinger, Chief Executive Officer, received $3M in total, which increased by 93% compared to 2009. 67% of Hepfinger's compensation, or $2M, was in non-equity incentive plan. Hepfinger also received $746K in salary and $237K in other compensation.
Robert F. Weis, Chairman, received a compensation package of $2.1M, which increased by 6% compared to previous year. 35% of the compensation package, or $725K, was in salary.
Jonathan H. Weis, Secretary, earned $1.2M in 2010, a 4% increase compared to previous year.
Kurt A. Schertle, Executive Vice President of Sales and Merchandising, received $502K in 2010.
Scott F. Frost, Chief Financial Officer, earned $415K in 2010, a 90% increase compared to previous year.
Weis Markets' fiscal year ends on December 25.
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Source: SEC filing on March 10, 2011.