Sundar PichaiSundar Pichai earned $164M in 2023
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David J. Hepfinger

Ex-CEO of Weis Markets

Field of Expertise

Consumer Goods & Retail - Retail

Economy Sector

Consumer Defensive

Tenure

4 years 8 months (Jan 2009 - Sep 2013)

Previous Experience

Price Chopper Supermarkets

David J. Hepfinger served as the President and CEO of Weis Markets, Inc. from January 2009 until September 2013. During his leadership, he oversaw significant changes and strategies to strengthen the company. Before joining Weis Markets, he had a long...

Year

2013

Total Compensation

$3.12M

Salary

$623.97K

Board Justification

The compensation philosophy aims to attract and retain qualified executives through a competitive compensation package that aligns with the company's financial objectives.

Bonus

$0.00

Board Justification

No bonus was earned under the non-equity incentive plan or the CEO Incentive Award Plan for 2013 as these plans were superseded by the Separation Agreement.

Other

$2.50M

Board Justification

Includes severance pay of $2,458,884 pursuant to the Separation Agreement and other payments related to health benefits and physical examinations.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2013.

Performance Metrics

The performance metrics for determining compensation are based on the overall performance of the Company, although executive compensation is not specifically tied to corporate performance.