COMMUNICATION WITH THE BOARD OF DIRECTORS
Shareholders and other interested parties may communicate with the Board of Directors by sending written communication to the directors c/o the Company’s Secretary,
Village Super Market, Inc., 733 Mountain Avenue, Springfield, New Jersey 07081. All such communications will be reviewed by the Secretary to determine which communications will be forwarded to the directors. All communications will be forwarded except those that are related to Company products, are solicitations, or otherwise relate to improper or irrelevant topics, as determined in the sole discretion of the Secretary. The Secretary shall report to the Board of Directors on the number and nature of communications that were determined not to be forwarded.
The Company has a policy of requiring all directors standing for election at the annual meeting of shareholders to attend such meeting, unless unforeseen circumstances arise. All nine directors attended the 2018 annual meeting of shareholders held on December 14, 2018.
The Company has a written Code of Ethics that applies to, among others, the Chief Executive Officer, Chief Financial Officer and Principal Accounting Officer. During fiscal
2019,2022, there were no changes to, or waivers of, the Code of Ethics. The Company will furnish a copy of the Code of Ethics, without charge, to each person who forwards a written request to the Company’s Secretary, Village Super Market, Inc., 733 Mountain Avenue, Springfield, New Jersey 07081. The Code of Ethics is also available at www.sec.gov as an Exhibit to the
20192022 Form 10-K.EXECUTIVE
COMPENSATIONOFFICERS
The Compensation Committeefollowing table sets forth information concerning the Company’s executive officers and certain biographical information furnished by them:
Robert Sumas | | | 81 | | | Chief Executive Officer and Vice Chairman of the Board of Directors |
William Sumas | | | 75 | | | Executive Vice President and Chairman of the Board of Directors |
John P. Sumas | | | 73 | | | Executive Vice President, Secretary and Director |
Nicholas Sumas | | | 53 | | | Co-President and Director |
John J. Sumas | | | 52 | | | Co-President and Director |
John Van Orden | | | 43 | | | Chief Financial Officer & Treasurer |
Luigi Perri | | | 40 | | | Controller (Principal Accounting Officer) |
The Company’s executive officers are elected by, and serve at the discretion of, the Board hasBoard. The business experience for the primary responsibilitypast five years, and in some instances, for establishingprior years, of each of the compensation paid to theCompany’s executive officers of the Company, including the named executive officers who are identified in the Summary Compensation Table below. This includes base salary, bonus awards and supplemental retirement plans. The full Board of Directors reviews and approves restricted share awards and stock option grants. The Compensation Committee consists of is as follows:
Robert Sumas has served as our Chief Executive Officer; Officer since 2017 and served as President from 2009 through 2018. For Robert Sumas’s biography, please see the section above entitled “Nominees for Election.”
William Sumas has served as an Executive Vice President since 1989. For William Sumas’s biography, please see the section above entitled “Nominees for Election.”
John P. Sumas has served as an Executive Vice President; President since 1989. For John P. Sumas’s biography, please see the section above entitled “Nominees for Election.”
Nicholas Sumas has served as Co-President since 2018 and was the Company’s Chief Marketing Officer from 2014 to 2018 and a Vice President from 2008 through 2014. For Nicholas Sumas’s biography, please see the section above entitled “Nominees for Election.”
John J. Sumas
has served as Co-President
since 2018 and
was the Company’s Chief Operating Officer from 2014 to 2018, General
Counsel; Steven CrystalCounsel from 2007 through 2019 and
Peter R. Lavoy, independent directors.Vice President from 2007 through 2014. For John J. Sumas’s biography, please see the section above entitled “Nominees for Election.”
John Van Orden, has served as Chief Financial Officer, Treasurer and principal financial officer since 2014 and was Controller and principal accounting officer from 2011 to 2014. Prior to joining the Company in 2011, Mr. Van Orden held various positions of increasing responsibility within KPMG LLP’s audit practice. He is also a Certified Public Accountant in the states of New Jersey and New York.
Luigi Perri has served as Controller and principal accounting officer since 2014. Prior to joining the Company in 2014, Mr. Perri served as the North America Retail Controller for Ralph Lauren Corporation. Prior to that, Mr. Perri held positions at both the Hertz Corporation and KPMG LLP. He is also a Certified Public Accountant in the state of New Jersey.