IMKTA - Ingles Markets, Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Ingles Markets, Incorporated

PO Box 6676
Asheville, NC 28816
United States
828-669-2941
http://www.ingles-markets.com

SectorConsumer Defensive
IndustryGrocery Stores
Full Time Employees9,880

Key Executives

NameTitlePayExercisedYear Born
Mr. James W. LanningCEO, Pres, COO & Director1.2MN/A1959
Mr. Ronald B. FreemanCFO, VP of Fin. & Director469.08kN/A1957
Pat Jackson CPASec. & ControllerN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Its supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as organic, beverage, and health-related items. As of September 30, 2018, it operated 190 supermarkets under the Ingles name; and 10 supermarkets under the Sav-Mor name in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 108 pharmacies and 102 fuel stations. In addition, it is involved in the fluid dairy operation and shopping center rental businesses. Ingles Markets, Incorporated was founded in 1963 and is based in Asheville, North Carolina.

Corporate Governance

Ingles Markets, Incorporated’s ISS Governance QualityScore as of June 25, 2019 is 10. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 10; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.