Weis Markets CEO Jonathan Weis' 2018 pay jumps 119% to $5.9M
Weis Markets reports 2018 executive compensation
By ExecPay News
Published: March 12, 2019
Weis Markets reported fiscal year 2018 executive compensation information on March 12, 2019.
In 2018, five executives at Weis Markets received on average a compensation package of $2.1M, a 111% increase compared to previous year.
Average pay of disclosed executives at Weis Markets
Jonathan H. Weis, Chief Executive Officer, received $5.9M in total, which increased by 119% compared to 2017. 80% of Weis' compensation, or $4.7M, was in non-equity incentive plan. Weis also received $1M in salary and $152K in other compensation.
Kurt A. Schertle, Chief Operating Officer, received a compensation package of $2M, which increased by 124% compared to previous year. 61% of the compensation package, or $1.2M, was in non-equity incentive plan.
Scott F. Frost, Chief Financial Officer, earned $1.1M in 2018, a 96% increase compared to previous year.
Harold G. Graber, Senior Vice President of Real Estate and Development, received $818K in 2018, which increases by 82% compared to 2017.
David W. Gose II, Senior Vice President of Operations, earned $753K in 2018, a 83% increase compared to previous year.
Weis Markets' fiscal year ends on December 25.
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Source: SEC filing on March 12, 2019.