Ingles reports 2018 executive compensation

CEO James W. Lanning receives $1.2M

Ingles reported fiscal year 2018 executive compensation information on December 27, 2018.

In 2018, four Ingles executives received on average a compensation package of $768,727, a 1% increase compared to previous year.

Average pay of disclosed executives at Ingles

James W. Lanning, Chief Executive Officer, received $1,199,679 in total, which increased by 1% compared to 2017. 60.24% of Lanning's compensation, or $722,692, was in salary. Lanning also received $450,000 in bonus and $26,987 in other compensation.

Robert P. Ingle, Chairman, received a compensation package of $1,110,132, which decreased by 1% compared to previous year. 60.60% of the compensation package, or $672,692, was in salary.

Ronald B. Freeman, Chief Financial Officer, earned $469,079 in 2018, which is about the same as previous year.

L. Keith Collins, President, Milkco, Inc, received $296,016 in 2018, which increases by 2% compared to 2017.

Ingles' fiscal year ends on September 29.