Tropical Storm Helene, inflation and higher labor costs ate into Ingles Markets’ profits last year, but the company’s board chairman still received a bonus of more than $6 million.
Robert P. Ingle II, son of the Black Mountain-based grocery chain founder, received a total of $7.4 million in compensation in 2024, including a salary of $1.2 million and bonus of nearly $6.1 million. That’s a 7 percent decrease from his 2023 package of nearly $8 million, according to a proxy statement filed with the U.S. Securities and Exchange Commission Friday.
Ingles’ Chief Executive Officer and President James W. Lanning received $3.1 million, 5 percent less than 2023. His bonus for 2024 was nearly $2 million.
Ingles reported decreases in compensation for its top executives in 2024. // Source: Proxy Statement
Although the company’s fiscal year results included only two days following the storm, Helene contributed to lower profits for the company in 2024, as Asheville Watchdogpreviously reported. The Sept. 27 storm knocked out power to 80 of the company’s 198 stores, forced the closure of four stores, and damaged the Black Mountain distribution center and corporate headquarters.
The grocery company lost $14 million in sales and nearly $35 million in inventory and property damage as of Sept. 28, the day after the storm and the end of Ingles’ fiscal year. Although partially offset by insurance, losses were expected to grow in the early part of this year, the company’s annual report said.
Net income was also down: $105.5 million in 2024 compared to $210.8 million the previous year. The company attributed the loss to “inflation in the cost of goods and increases in operating expenses due to increased labor market competition,” according to the report.
Ingles awards monthly bonuses to managers based on the performance of their business units and discretionary annual bonuses to some associates and to executives based on company performance. Ingles paid $29.2 million in bonuses last year, down from $34.4 million in 2023, the annual report said.
Ingles reported a slight increase in the wages of its full-time, part-time and temporary employees. In 2024 the 24,285 employees as of Sept. 15 earned a median salary of $22,801, an increase of $93 annually over the $22,708 median salary for 26,253 employees as of September 2023.
The company’s fiscal year consisted of 53 weeks in 2023 versus 52 weeks in 2024, which would make the median associate’s weekly salary $438 last year, a $10 increase over the previous year.
The gap between Lanning’s compensation and that of other Ingles employees, known in the SEC filings as the CEO pay ratio, decreased to 137-to-1 in 2024 from 145-to-1 in 2023.
The company’s annual meeting of shareholders is scheduled for March 3. A shareholder proposal to increase the size of the board of directors by adding two Class A shareholder seats is expected to be rejected. Robert P. Ingle holds nearly 73 percent of the voting power at the company and intends to oppose the measure, the proxy statement said.
The proxy statement also indicates that while she remains a director of the company, Laura Lynn Ingle Sharp, Robert P. Ingle’s sister and namesake of the Laura Lynn brands sold at Ingles, no longer holds any shares of the company.
Asheville Watchdog is a nonprofit news team producing stories that matter to Asheville and Buncombe County. Sally Kestin is a Pulitzer Prize-winning investigative reporter. Email skestin@avlwatchdog.org. The Watchdog’s reporting is made possible by donations from the community. To show your support for this vital public service go to avlwatchdog.org/support-our-publication/.
www.thecentersquare.com – By Alan Wooten | The Center Square – (The Center Square – ) 2025-09-05 09:01:00
State Sen. Bobby Hanig announced his Republican primary candidacy for North Carolina’s 1st Congressional District, aiming to challenge Rocky Mount Mayor Sandy Roberson and incumbent Democrat Rep. Don Davis. Hanig filed with the Federal Elections Commission, while Roberson plans to run. Hanig emphasizes conservative leadership aligned with the America First agenda. The district, covering 22 northeastern counties, was highly competitive in 2024, with Davis narrowly winning. Hanig, an Army veteran and former state representative, chairs key legislative committees and runs two Outer Banks businesses. He supports tax cuts, border control, pro-life policies, and Second Amendment rights, aligning with former President Trump’s agenda.
(The Center Square) – State Sen. Bobby Hanig will enter the Republican primary for North Carolina’s 1st Congressional District, hoping to defeat Rocky Mount Mayor Sandy Roberson and eventually second-term incumbent Democratic Rep. Don Davis.
Rep. Bobby Hanig, R-Currituck
Michael Lewis via NCLeg.gov
Filing with the State Board of Elections is in December. Hanig has filed paperwork with the Federal Elections Commission. Roberson said he would run in April.
“I’m running because northeastern North Carolina deserves true conservative leadership that will fight for our community and the America first agenda,” he said in a release.
The seat was the most competitive between Democrats and Republicans in 2024 and figures to again be so in the 2026 midterms. Davis outlasted Republican Laurie Buckhout 49.52%-47.84%, winning by 6,307 votes of more than 376,000 cast.
Twenty-two counties are touched in the northeastern part of the state.
Hanig, R-Currituck, is a veteran of the Army. He has served the Board of Commissioners in Currituck County, and was in the state House of Representatives for two terms. By trade, he began as “the pool guy” and operates two businesses serving nearly 400 properties across the Outer Banks.
He’s chairman of the State and Local Government Committee, and serves as chairman within the Committee on Appropriations for General Government and Information Technology. He’s vice chairman of the Joint Legislative Committee on Local Government.
Four other assignments are Agriculture, Energy and Environment; Education/Higher Education; Regulatory Reform; and Transportation.
“I believe in President Trump’s America First Agenda and my record in the Legislature backs it up,” Hanig said. “I’ve cut taxes for North Carolina families, toughened border control in the state, stood up for life, and defended our Second Amendment rights.”
Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.
Political Bias Rating: Center-Right
The article largely reports factual information about the candidates entering the North Carolina 1st Congressional District race, including their backgrounds, election filing status, and statements of political positions. It mainly quotes Sen. Bobby Hanig’s own words and campaign messaging, especially his alignment with “America First” and conservative values. The coverage uses neutral language without editorializing or explicitly endorsing any viewpoint. However, the focus on Hanig’s quoted statements about tax cuts, border control, pro-life stance, and Second Amendment rights, along with an absence of equivalent direct quotes from the Democratic incumbent or the other Republican candidate, subtly frames the narrative from a conservative perspective. This leads to a slight center-right tilt, as the piece highlights Hanig’s positions without presenting counterpoints or Democratic viewpoints in comparable detail. Overall, it functions as informational content about the race rather than overt advocacy, but the emphasis on conservative policy references indicates a modest center-right leaning.
SUMMARY: Laura Leslie, a veteran North Carolina political reporter with 21 years of experience, will become the new editor of NC Newsline on September 29. Leslie, currently WRAL’s capitol bureau chief, led the innovative NCCapitol project covering state politics across multiple platforms. Previously, she was capitol bureau chief at WUNC public radio and authored the award-winning blog “Isaac Hunter’s Tavern.” An Emmy winner recognized nationally, Leslie replaces Rob Schofield, who retired in August. She expressed gratitude to WRAL and enthusiasm for joining NC Newsline, part of the expanding States Newsroom nonprofit network. Leslie’s last day at WRAL is September 5.
North Carolina’s 2025 crop season shows promise with healthy corn, soybeans, cotton, and apples, a major improvement from 2024’s drought and storm damage. However, challenges remain: Tropical Depression Chantal caused flooding, wet conditions hurt tobacco, and relief payments from last year’s disasters are delayed. Farmers face financial stress due to low crop prices, rising input costs, trade tariffs impacting exports, and labor shortages exacerbated by strict immigration policies and higher wages. The USDA relocating operations to Raleigh raises hopes for better local support. Despite struggles, a bountiful harvest is expected, supporting the state’s agricultural resilience and fall agritourism.
by Jane Winik Sartwell, Carolina Public Press September 4, 2025
The news about crops out of North Carolina farms is good this year: the corn is tall, the soybeans leafy, the cotton fluffy and the apples ripe.
Compared to last year’s disastrous summer, when it seemed flooding was the only relief from extreme drought, this summer has left farmers feeling hopeful. In Wayne County, extension agent Daryl Anderson says this is the best corn crop the county has seen in 50 years.
That’s a major turnaround from last year, when dry conditions decimated cornfields from the coast to the mountains.
Still, no year in the fields is free of struggle. Rainy weather, delayed relief payments, market conditions and dramatic federal policy shifts have kept farmers on their toes.
Crops lie ruined in fields in Person County after Tropical Depression Chantal, which passed through the area on July 6, 2025. Provided / Person County Cooperative Extension
It’s been a wet year — at times, too wet. Tropical Depression Chantal flooded fields in Central North Carolina in early July. Unusually wet conditions all summer hurt the tobacco crop across the state.
Plus, state relief money for the tribulations of 2024 is coming slow. The legislature just approved an additional $124 million to address last year’s agricultural disasters, but farmers still haven’t received the money originally allocated to the Ag Disaster Crop Loss Program in March.
For Henderson County extension director Terry Kelley, the money is an urgent matter. In Kelley’s neck of the woods, apple farmers are still recovering from the devastation Helene wrought on their orchards. Finances are starting to spiral out of control for many.
“Our farmers are really anxious to get that money,” Kelley told Carolina Public Press.
Rains and flooding from Tropical Storm Helene create a massive washout in a Mills River tomato field in Henderson County in 2024. Provided / Terry Kelley / Henderson County Extension
“They’ve got bills due from last year. They’ve used their credit up to their limit and beyond. We need that money. It’s been a long summer of waiting.”
Though Helene upped the ante in the West, Kelley’s anxieties are felt across North Carolina. In Bladen County, where many 2024 crops were devastated by Tropical Storm Debbie, extension agent Matthew Strickland says there’s been a dearth of information about how the program works.
“We are not sure when those payments will be issued and exactly how they will be calculated,” Strickland said. “We were told they’d go out mid-summer. There’s been no update. Who knows when they’ll go out? Nobody really knows.”
The financial pressure extends beyond those delayed relief payments. North Carolina farmers find themselves at the whim of unexpected shifts in both the market and federal policies.
Though both quality and yield are high for field crops this year, the price of those crops at market is low. Meanwhile, input costs continue to rise. This makes for an unsettling financial equation for farmers.
Plus, President Donald Trump’s tariffs have made American crops less desirable overseas, according to Strickland. Before recent tariff hikes, lots of North Carolina corn, soybeans and tobacco made its way to China. Now, not as much.
“With the political trade wars, we’re really worried when it comes to our soybeans and tobacco,” Surry County extension agent Ryan Coe told CPP. “A lot of farmers are still waiting to see what’s going to happen. We don’t have a crystal ball.”
The tariffs haven’t been all bad, though. While some crops suffer, others have found opportunities. Kelley says the lack of Mexican tomatoes on the market has created a higher demand for local Henderson County tomatoes, for example.
Labor, too, is giving farmers pause. Many rely on legal migrant workers, but the Trump administration’s strict immigration policies have tightened the market.
“It’s more difficult now to get labor, even with legal workers,” Kelley said. “It’s not available as it once was, and it’s terribly expensive.”
That’s because wages for migrant workers on legal H-2A visas continue to rise. In North Carolina, farmers must now pay migrant workers $16.16 per hour. This number is called an Adverse Effect Wage Rate, and it’s designed to ensure that wages for American workers don’t fall.
A cornfield at Trask Family Farms outside Wilmington on Aug. 29. Jane Winik Sartwell / Carolina Public Press
There’s a chance, however, that going forward, North Carolina farmers may have a bigger say in American agricultural policies.
The U.S. Department of Agriculture is moving major operations to Raleigh, in an effort to bring the department closer to the nation’s farming hubs. Some North Carolina farmers are excited about it.
“Having the USDA in this area will be good for all farmers in North Carolina,” said Mikayla Berryhill, an extension agent in Person County, where farms were flooded by Chantal’s heavy rains. “We will be able to show them what specific problems we have here in North Carolina and get help with those.”
In the meantime, it looks like it will be a bountiful harvest of crops here in North Carolina. This fall’s agritourism attractions, from corn mazes and county fairs to hay rides and apple markets, should reflect that agricultural resilience.
Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.
Political Bias Rating: Centrist
The content presents a balanced and factual overview of agricultural conditions in North Carolina, highlighting both challenges and positive developments without evident partisan framing. It discusses impacts of federal policies, including tariffs and immigration enforcement under the Trump administration, in a straightforward manner without overt criticism or praise. The article focuses on practical issues affecting farmers, such as weather, market conditions, and government relief efforts, maintaining a neutral tone throughout.
