Weis Markets reports 2018 executive compensation

CEO Jonathan H. Weis receives $5.9M

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 $2,109,237, a 111% increase compared to previous year.

Average pay of disclosed executives at Weis Markets

Jonathan H. Weis, Chief Executive Officer, received $5,876,245 in total, which increased by 119% compared to 2017. 80.08% of Weis' compensation, or $4,705,623, was in non-equity incentive plan. Weis also received $1,018,457 in salary and $152,165 in other compensation.

Kurt A. Schertle, Chief Operating Officer, received a compensation package of $2,014,646, which increased by 124% compared to previous year. 61.26% of the compensation package, or $1,234,271, was in non-equity incentive plan.

Scott F. Frost, Chief Financial Officer, earned $1,084,335 in 2018, a 96% increase compared to previous year.

Harold G. Graber, Senior Vice President of Real Estate and Development, received $818,049 in 2018, which increases by 82% compared to 2017.

David W. Gose II, Senior Vice President of Operations, earned $752,910 in 2018, a 83% increase compared to previous year.

Weis Markets' fiscal year ends on December 29.