VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
Directors elected David C. Judge to serve as Chairman of the
Audit Committee of the Board of Directors of the Company. Mr.
Judge has served as a Director of the Company since June 2003.
The Companys previous Chairman of the Audit Committee, Steven
Crystal, will remain a member of the Companys Board of Directors
and Audit Committee.
16, 2016. The following persons were elected as directors to the
following votes:
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Directors
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For
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Withheld
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|||
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James Sumas
|
29,722,364
|
4,135,327
|
|||
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Robert Sumas
|
29,563,840
|
4,293,851
|
|||
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William Sumas
|
29,378,979
|
4,478,712
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|||
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John P. Sumas
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27,395,277
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6,462,414
|
|||
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Kevin Begley
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31,555,397
|
2,302,294
|
|||
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Nicholas Sumas
|
29,403,704
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4,477,987
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|||
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John J. Sumas
|
27,394,858
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6,462,833
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|||
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Steven Crystal
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33,767,518
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90,173
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|||
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David Judge
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33,768,220
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89,471
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|||
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Peter Lavoy
|
33,766,651
|
91,040
|
|||
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Stephen Rooney
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33,767,755
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89,936
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KPMG LLP as the Companys independent registered public accounting
firm for the 2017 fiscal year. The vote totals were as follows:
For 47,182,244; Against 15,075; Abstain 16,136.
Stock Plan. The vote totals were as follows: For 28,792,970;
Against – 5,060,885; Abstain – 3,833; Broker non-vote 13,355,766.
Directors declared quarterly cash dividends of $0.25>per Class
A common share and $0.1625>per Class B common share. The
dividends will be payable on January 26, 2017>to shareholders
of record at the close of business on January 5, 2017.
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Description
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99.1
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Press release issued by the registrant, dated December
16, 2016 |
About VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA)
Village Super Market, Inc. (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania. The Company is a member of Wakefern Food Corporation (Wakefern), which is a retailer-owned food cooperative and owner of the ShopRite name. As of July 30, 2016, Wakefern operated 336 supermarkets and other retail formats, including 94 stores operated by Wakefern. The Company’s stores include the Village Food Garden concept, featuring a restaurant style kitchen and several kiosks offering a variety of store prepared specialty foods for both take-home and in-store dining. The Company offers a range of products, including groceries, dairy and frozen, produce, meats, non-foods, deli and prepared food, pharmacy, seafood, bakery and liquor. VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA) Recent Trading Information
VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA) closed its last trading session up +0.38 at 33.19 with 51,394 shares trading hands.