Village Super Market, Inc. Announces Management Appointments; Declares Quarterly Dividend on Class A Common Shares and Class B Common Shares, Payable on January 25, 2018
December 15, 2017 at 02:31 pm EST
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Village Super Market, Inc. appointed Robert Sumas as Chief Executive Officer, and approved William Sumas as Chairman of the Board of Directors and John P. Sumas as Secretary of the Board of Directors. Robert Sumas has served as President since 2009. He has served variously as Executive Vice President, Chief Operating Officer, Secretary and a Director of the Company since 1969. William Sumas has served as Vice Chairman of the Board since 2009. He has served as Vice President and a Director of the Company since 1980. Since 1989, he has served as an Executive Vice President. John P. Sumas has served as Vice President and a Director of the Company since 1982. Since 1989, he has served as an Executive Vice President.
On December 15, 2017, the company announced that its Board of 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 25, 2018 to shareholders of record at the close of business on January 4, 2018.
Village Super Market, Inc. is engaged in the retail sale of food and nonfood products. It operates a chain of approximately 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and four specialty markets under the Gourmet Garage name in New York City. It is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite, Fairway and Gourmet Garage names. Wakefern operates supermarkets and other retail formats. It offers a variety of food products, including grocery, meat, produce, dairy, deli, seafood, prepared foods, bakery, and frozen foods as well as non-food product offerings, including health and beauty care, general merchandise, liquor, and 21 in-store pharmacies. Its Fairway Markets offer various natural, organic, specialty and gourmet products. Its Gourmet Garage specialty markets provides soups and prepared foods, meat and seafood, and charcuterie and gourmet cheeses.
Village Super Market, Inc. Announces Management Appointments; Declares Quarterly Dividend on Class A Common Shares and Class B Common Shares, Payable on January 25, 2018
VILLAGE SUPER MARKET, INC. 
