Companies Ingles Markets Inc
Ingles Markets (IMKTA): executive pay, fiscal 2025
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CEO pay, last three years
- $3,290,980FY2023
- $3,132,883FY2024
- $3,130,472FY2025
CEO total pay was $3,130,472 in fiscal 2025, down from $3,132,883 in fiscal 2024.
FY2025: salary $1,120,000 · bonus $1,945,000 · stock awards $0 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Ingle | $1,195,000 | $6,085,000 | $0 | $0 | $0 | $0 | $134,155 | $7,414,155 |
| Chairman of the Board | ||||||||
| James Lanning | 1,120,000 | 1,945,000 | 0 | 0 | 0 | 0 | 65,472 | 3,130,472 |
| Chief Executive Officer and President | ||||||||
| Patricia Jackson | 475,577 | 300,000 | 0 | 0 | 0 | 0 | 26,488 | 802,065 |
| Vice President Finance, Chief Financial Officer | ||||||||
| Michael Hogan | 340,962 | 65,000 | 0 | 0 | 49,950 | 0 | 19,389 | 475,301 |
| President, Milkco, Inc. | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Ingle | $7,414,155 | $7,422,380 | $7,951,372 | ↓ −8,225 |
| James Lanning | 3,130,472 | 3,132,883 | 3,290,980 | ↓ −2,411 |
| Patricia Jackson | 802,065 | 743,669 | 745,600 | ↑ +58,396 |
| Michael Hogan | 475,301 | 435,451 | 438,970 | ↑ +39,850 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Fred D. AyersIndependent · Audit/Compensation (Chair) | $42,500 | — | — | — | — | $42,500 |
| Brenda S. TudorIndependent · Audit/Compensation | 37,508 | — | — | — | — | 37,508 |
| Ernest E. FergusonIndependent · Audit/Compensation · Not standing for re-election | 37,508 | — | — | — | — | 37,508 |
| Laura Ingle SharpNot independent | 20,000 | — | — | — | — | 20,000 |
| John R. LowdenNot independent · Departed during FY | 17,500 | — | — | — | — | 17,500 |
Board fee structure and ownership guideline
| Annual cash retainer | $15,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,250 |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $155,016 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $155,016 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Ingles Markets as a peer
Companies that benchmark against IMKTA
1 company names IMKTA as a compensation peer
- Grocery Outlet Holding Corp.GOFY2025
- VILLAGE SUPER MARKET INCVLGEAFY2026
Each company listed discloses IMKTA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named IMKTA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
The companies Ingles Markets Inc names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | The Kroger Co. | 2025 | Ronald L. Sargent | $3,975,806 | $10,000,077 | — | — | $14,037,608 |
| 2 | Weis Markets, Inc. | 2025 | Jonathan Weis | 1,385,567 | — | — | 5,069,575 | 6,756,936 |
| 3 | Ingles Markets Inc | 2025 | James Lanning | 1,120,000 | 0 | 0 | 0 | 3,130,472 |
| 4 | Village Super Market, Inc | 2026 | John Sumas | 876,000 | 1,382,071 | 0 | 0 | 2,964,394 |
| — | SpartanNash Co. | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Ingles Markets Inc | not disclosed | not disclosed | not disclosed | not disclosed |
| SpartanNash Co. | not disclosed | not disclosed | not disclosed | not disclosed |
| The Kroger Co. | 93.84% | not disclosed | Yes — Value creation (iTSR) | Korn Ferry; Meridian Compensation Partners, LLC |
| Village Super Market, Inc | not disclosed | Restricted Stock 100 | not disclosed | Compensation Advisory Partners |
| Weis Markets, Inc. | not disclosed | Cash LTIP 100 | not disclosed | Willis Towers Watson (WTW) |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-30 | 51,861,483 | 5,001,102 | 76,100 | 91.2% | Passed |
| 2025 | 2025-03-03 | 50,789,689 | 3,725,692 | 27,709 | 93.17% | Passed |
| 2024 | 2024-02-13 | 50,989,199 | 3,077,889 | 38,319 | 94.31% | Passed |
| 2023 | 2023-02-14 | 51,843,045 | 2,573,840 | 42,116 | 95.27% | Passed |
| 2022 | 2022-02-15 | 52,773,567 | 2,655,623 | 53,913 | 95.21% | Passed |
| 2017 | 2017-02-14 | 68,666,260 | 93,456 | 75,704 | 99.86% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-30 | 91.2%a |
| 2025 | 2025-03-03 | 93.17%b |
| 2024 | 2024-02-13 | 94.31%c |
a. Approved under the standard stated in the filing — “Abstentions with respect to a proposal and broker non-votes are counted for purposes of establishing a quorum, but they will not be counted as votes cast for or against any proposal, and they will not have any effect on the outcome of any proposal.”.
b. Approved under the standard stated in the filing — “Abstentions with respect to a proposal and broker non-votes are counted for purposes of establishing a quorum, but they will not be counted as votes cast for or against any proposal, and they will not have any effect on the outcome of any proposal.”.
c. Approved under the standard stated in the filing — “Abstentions with respect to a proposal and broker non-votes are counted for purposes of establishing a quorum, but they will not be counted as votes cast for or against any proposal, and they will not have any effect on the outcome of any proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 132 : 1 |
|---|---|
| CEO total compensation | $3,130,472 |
| Median employee compensation | $23,748 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (20 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Robert Ingle. DEF 14A, filed 2026-04-01. Section “SUMMARY COMPENSATION TABLE” · page 15. As printed: 7,414,155. View filing ↗
- Section 01, James Lanning. DEF 14A, filed 2026-04-01. Section “SUMMARY COMPENSATION TABLE” · page 15. As printed: 3,130,472. View filing ↗
- Section 01, Patricia Jackson. DEF 14A, filed 2026-04-01. Section “SUMMARY COMPENSATION TABLE” · page 15. As printed: 802,065. View filing ↗
- Section 01, Michael Hogan. DEF 14A, filed 2026-04-01. Section “SUMMARY COMPENSATION TABLE” · page 15. As printed: 475,301. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-01. Section “CEO Pay Ratio”. As printed: 132 : 1. View filing ↗
- Section 08, Fred D. Ayers. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 42,500. View filing ↗
- Section 08, Brenda S. Tudor. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 37,508. View filing ↗
- Section 08, Ernest E. Ferguson. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 37,508. View filing ↗
- Section 08, Laura Ingle Sharp. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 20,000. View filing ↗
- Section 08, John R. Lowden. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 17,500. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-05. Item 5.07 · say-on-pay result. As reported: 91.2% (votes for as printed: 51,861,483). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-03-05. Item 5.07 · say-on-pay result. As reported: 93.17% (votes for as printed: 50,789,689). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-02-15. Item 5.07 · say-on-pay result. As reported: 94.31% (votes for as printed: 50,989,199). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 155,016 + equity 0 + all other 0 = 155,016, summed across the director compensation table rows.
- The Kroger Co., Section 10b CEO total. DEF 14A, filed 2026-05-13. CEO total compensation as printed in The Kroger Co.'s own proxy. As printed: 14,037,608. View filing ↗
- Weis Markets, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Weis Markets, Inc.'s own proxy. As printed: 6,756,936. View filing ↗
- Ingles Markets Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Ingles Markets Inc's own proxy. As printed: 3,130,472. View filing ↗
- Village Super Market, Inc, Section 10b CEO total. DEF 14A, filed 2026-10-26. CEO total compensation as printed in Village Super Market, Inc's own proxy. As printed: 2,964,394. View filing ↗
- Section 10a, Village Super Market, Inc reciprocity. DEF 14A. Village Super Market, Inc names Ingles Markets Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗