Ingles Markets, Incorporated (IMKTA)

73.27 -0.07 (-0.10%) At close: 04:00PM EDT

Ingles Markets, Incorporated

2913 U.S. Hwy.
70 West, Black Mountain
Asheville, NC 28711
United States
828 669 2941
https://www.ingles-markets.com

Sector(s): Consumer Defensive
Industry: Grocery Stores
Full Time Employees: 11,625

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. James W. Lanning	CEO, President & Director	3.29M	N/A	1959
Ms. Patricia E. Jackson CPA	CFO, VP of Finance, Secretary & Director	745.6k	N/A	1966
Mr. Michael David Hogan	President of Milkco	438.97k	N/A	1983
Ms. Cynthia L. Brooks	Vice President of Human Resources	N/A	N/A	1963

Amounts are as of December 31, 2023 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, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

Corporate Governance

Ingles Markets, Incorporated’s ISS Governance QualityScore as of April 1, 2024 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder Rights: 10; Compensation: 4.

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.