Weis Markets CEO Jonathan Weis' 2018 pay jumps 119% to $5.9M

Weis Markets reports 2018 executive compensation

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. 80.08% of Weis' compensation, or $4.7M, was in non-equity incentive plan. Weis also received $1M in salary and $152.2K in other compensation.

Kurt A. Schertle, Chief Operating Officer, received a compensation package of $2M, which increased by 124% compared to previous year. 61.26% 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 $752.9K in 2018, a 83% increase compared to previous year.

Weis Markets' fiscal year ends on December 29.