Weis Markets CEO David Hepfinger's 2011 pay rises 5% to $3.1M
Weis Markets reports 2011 executive compensation
By ExecPay News
Published: March 15, 2012
Weis Markets reported fiscal year 2011 executive compensation information on March 15, 2012.
In 2011, five executives at Weis Markets received on average a compensation package of $1.6M, a 14% increase compared to previous year.
Average pay of disclosed executives at Weis Markets
David J. Hepfinger, Chief Executive Officer, received $3.1M in total, which increased by 5% compared to 2010. 71% of Hepfinger's compensation, or $2.2M, was in non-equity incentive plan. Hepfinger also received $771K in salary and $140K in other compensation.
Jonathan H. Weis, Chief Executive Officer, received a compensation package of $2M, which increased by 73% compared to previous year. 62% of the compensation package, or $1.3M, was in non-equity incentive plan.
Robert F. Weis, Chairman, earned $1.9M in 2011, a 9% decrease compared to previous year.
Kurt A. Schertle, Executive Vice President of Sales and Merchandising, received $596K in 2011, which increases by 19% compared to 2010.
Scott F. Frost, Chief Financial Officer, earned $498K in 2011, a 20% increase compared to previous year.
Weis Markets' fiscal year ends on December 25.
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Source: SEC filing on March 15, 2012.