In 2023, James Lanning earned $3.29M in total compensation at Ingles Markets, including $1.12M salary and $2.12M bonus. Most recently sold 9,936 shares in Nov 2021. 9+ years at the helm of Ingles Markets.
Compensation History
Annual executive compensation data for James Lanning, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.29M
Salary
$1.12M
Bonus
$2.12M
Other
$57.52K
Salary
$1.12MBoard Justification
The compensation program aims to attract, motivate, and retain top-quality executives while delivering competitive total compensation packages based on both Company and individual performance.
Bonus
$2.12MBoard Justification
Annual cash bonuses are determined based on the Company's profitability and the individual performance of the Executive Officer for the fiscal year.
Other Compensation
$57.52KBoard Justification
Other compensation includes employer match for 401(k) plan, life insurance premiums, and travel expenses.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.
Performance Metrics
The performance metrics for determining the compensation include Company profitability and individual performance evaluations.
James Lanning
CEO of Ingles Markets
Education
N/A
Field of Expertise
Consumer Goods & Retail - Retail
Sector of Economy
Consumer Defensive
Born
April 10, 1958 - 67 years ago
CEO of Ingles Markets for
9 years 8 months (Mar 2016 - Present)
Previous Experience
President of Ingles Markets since 2003
Other Ingles Markets CEOs
Holdings
Track James Lanning's stock holdings and portfolio value over time.
Total Stock Sold
$769.84K
$769.84K
9,936 IMKTA shares
What if they kept their stock?
If James Lanning didn't sell their stock, today they would have:
Extra IMKTA9,936 shares worth $737.75K.
This is -4.17% and $32.09K less than what they got when they sold the stock.
Insider Trading
James Lanning's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
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