People: Ingles Markets Inc (IMKTA.OQ)

IMKTA.OQ on NASDAQ Stock Exchange Global Select Market

28.76USD
1 Aug 2013
Price Change (% chg)

$0.30 (+1.05%)
Prev Close
$28.46
Open
$28.76
Day's High
$29.22
Day's Low
$28.50
Volume
14,678
Avg. Vol
16,368
52-wk High
$29.22
52-wk Low
$15.33

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Summary

Name Age Since Current Position

Robert Ingle

44 2011 Chairman of the Board, Chief Executive Officer

James Lanning

53 2003 President, Chief Operating Officer, Director

Ronald Freeman

55 2005 Chief Financial Officer, Vice President - Finance, Director

L. Keith Collins

55 2011 President of Milkco Inc., Director

Laura Sharp

55 1997 Director

Fred Ayers

70 2006 Independent Director

John Pollard

74 1987 Independent Director

Charles Russell

73 2001 Independent Director

Biographies

Name Description

Robert Ingle

Mr. Robert P. Ingle, II, is Chairman of the Board, Chief Executive Officer of Ingles Markets, Incorporated. He has been a member of the Board of Directors since February 1997 and has served as Chairman of the Board since May 2004. He has been employed by the Company in a variety of executive positions since 1985.

James Lanning

Mr. James W. Lanning is President, Chief Operating Officer, Director of Ingles Markets, Incorporated. Mr. Lanning has served as a director of the Company since May 2003 and has served as President and Chief Operating Officer since March 2003. He has held many positions in his years with the Company, most recently serving as a District Manager in Georgia.

Ronald Freeman

Mr. Ronald B. Freeman is Chief Financial Officer, Vice President - Finance, Director of Ingles Markets, Incorporated. Mr. Freeman has served as a director of the Company since May 2005 and has served as Chief Financial Officer of the Company since April 2005. Prior to joining the Company, Mr. Freeman served as Chief Financial Officer of Silver-Line Plastics Corporation, a plastic pipe manufacturer, since 2000.

L. Keith Collins

Mr. L. Keith Collins is President of Milkco Inc., a subsidiary of the company, Director of Ingles Markets, Incorporated. He was appointed as Director of the Company on December 13, 2011. In September 2011, Mr. Collins was elected President of Milkco, Inc., a subsidiary of the Company that processes, packages and distributes milk, fruit juices and spring water. Mr. Collins was previously Vice President of Milkco from 2004 to 2011. He has been continuously employed by Milkco since 1990.

Laura Sharp

Ms. Laura Ingle Sharp is Director of Ingles Markets, Incorporated. The Company’s “Laura Lynn” private label products are named after Ms. Sharp. She has been a director of the Company since February 1997. She has in the past served the Company in several capacities on a full-time and part-time basis, including appearing from time to time in advertisements promoting the Company’s private label products.

Fred Ayers

Mr. Fred D. Ayers is Independent Director of Ingles Markets, Incorporated. Mr. Ayers retired in 2002 as a senior officer of Wachovia Bank after 37 years of service. He has served on numerous boards and remains active in the Asheville Community.

John Pollard

Mr. John O. Pollard is Independent Director of Ingles Markets, Incorporated. From January 1998 until his retirement in March 2006, Mr. Pollard was an attorney with the law firm of McGuireWoods, LLP, serving as a partner until January 2002. Prior to 1998, he was a partner in the Charlotte law firm of Blakeney & Alexander with which he was affiliated from 1973 and which merged with McGuireWoods, LLP, in 1998.

Charles Russell

Mr. Charles E. Russell is Independent Director of Ingles Markets Incorporated. Mr. Russell is a certified public accountant and has been a principal with Painter, Russell & Associates, PLLC, certified public accountants, since October 1992.

Basic Compensation

Name Fiscal Year Total

Robert Ingle

869,940

James Lanning

807,422

Ronald Freeman

362,945

L. Keith Collins

204,532

Laura Sharp

--

Fred Ayers

--

John Pollard

--

Charles Russell

--
As Of 28 Sep 2012

Options Compensation

Name Options Value

Robert Ingle

300,000 609,449

James Lanning

10,480 28,954

Ronald Freeman

0 0

L. Keith Collins

0 0

Laura Sharp

0 0

Fred Ayers

0 0

John Pollard

0 0

Charles Russell

0 0
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