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United States

Ingles Markets Inc (IMKTA.OQ)

IMKTA.OQ on NASDAQ Stock Exchange Global Select Market

25.50USD
22 Nov 2017
Change (% chg)

$0.75 (+3.03%)
Prev Close
$24.75
Open
$24.80
Day's High
$25.85
Day's Low
$24.70
Volume
21,117
Avg. Vol
30,442
52-wk High
$52.30
52-wk Low
$20.75

Summary

Name Age Since Current Position

Robert Ingle

48 2016 Chairman of the Board

James Lanning

57 2016 President, Chief Executive Officer, Director

Ronald Freeman

59 2005 Chief Financial Officer, Director

L. Keith Collins

59 2011 President of Milkco Inc., Director

Laura Sharp

59 1997 Director

Fred Ayers

74 2006 Independent Director

Ernest Ferguson

69 2014 Independent Director

Brenda Tudor

59 2014 Independent Director

Biographies

Name Description

Robert Ingle

Mr. Robert P. Ingle II, is Chairman of the Board of the Company. Mr. Ingle member of the Board of Directors since February 1997, has served as Chairman of the Board since May 2004, and served as Chief Executive Officer from March 2011 until March 2016. He has been employed by the Company in a variety of positions since 1985.

James Lanning

Mr. James W. Lanning is President, Chief Executive Officer, Director of the Company. He has served as a director of the Company since May 2003 and was appointed Chief Executive Officer in March 2016. He has served as President since March 2003. He has been employed by the Company in a variety of positions since 1975.

Ronald Freeman

Mr. Ronald B. Freeman is Chief Financial Officer, 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.

L. Keith Collins

Mr. L. Keith Collins is President of Milkco Inc., a subsidiary of the company, Director of Ingles Markets, Incorporated. He has served as a director since December 2011. Mr. Collins is 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. 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. The Company’s “Laura Lynn” private label products are named after Ms. Sharp.

Fred Ayers

Mr. Fred D. Ayers is Independent Director of Ingles Markets, Incorporated. He has served as a director of the Company since February 2006. Mr. Ayers retired in 2002 as a senior officer of Wachovia Bank. He has served on numerous boards and remains active in the Asheville community.

Ernest Ferguson

Mr. Ernest E. Ferguson is Independent Director of the Company. Mr. Ferguson was elected as a director of the Company on December 9, 2014. Mr. Ferguson retired in 2007 as a senior vice president and commercial sales director of Wachovia Bank (now Wells Fargo). He has continued to serve on numerous boards and remains active in the Asheville community.

Brenda Tudor

Ms. Brenda S. Tudor is Independent Director of the Company. Ms. Tudor has served as a director of the Company since December 2014. Ms. Tudor is a certified public accountant. She is President and Chief Financial Officer of Morgan-Keefe Builders, Inc.

Basic Compensation

Name Fiscal Year Total

Robert Ingle

1,096,630

James Lanning

1,073,540

Ronald Freeman

451,564

L. Keith Collins

275,656

Laura Sharp

19,000

Fred Ayers

35,000

Ernest Ferguson

29,000

Brenda Tudor

30,000
As Of  23 Sep 2016

Options Compensation