Peter J. Sodini: Difference between revisions
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{{short description|American business executive}} |
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{{notability|Biographies|date=July 2009}} |
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'''Peter J. Sodini''' was the president and chief executive officer of [[The Pantry]], Inc. ([[NASDAQ]]: PTRY),<ref>{{Cite web|url=https://www.cspdailynews.com/company-news/pantry-ceo-search-continues|title=The Pantry CEO Search Continues|date=December 13, 2011|first=Steve|last=Holtz|website=CSP Daily News|language=en|access-date=2020-03-09}}</ref><ref>{{Cite web|url=https://www.bloomberg.com/profile/person/1425708|title=Peter J Sodini|last=|first=|date=|website=[[Bloomberg L.P.|Bloomberg]]|access-date=2020-03-09}}</ref> purportedly the leading independently operated [[convenience store]] chain in the Southeastern U.S.,<ref>[https://archive.today/20130201071110/http://www.reuters.com/article/pressRelease/idUS152915+23-Apr-2009+BW20090423 Pantry President and CEO Peter J. Sodini to Retire in 2009], reuters.com</ref> from June 1996 to September 2009. He became chairman of The Pantry's board effective February 2006. |
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{{refimprove|date=July 2009}} |
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==Executive Biography== |
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==Career== |
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Peter J. Sodini has been President and Chief Executive Officer of The Pantry, Inc. (NASDAQ: PTRY), purportedly the leading independently-operated convenience store chain in the Southeastern U.S.,<ref> [http://www.reuters.com/article/pressRelease/idUS152915+23-Apr-2009+BW20090423 ADDING and REPLACING Pantry President and CEO Peter J. Sodini to Retire in 2009], reuters.com </ref> since June 1996. He became Chairman of The Pantry's Board effective February 2006. He previously served as Chief Operating Officer from February 1996 until June 1996. Prior to his positions with The Pantry, Mr. Sodini was Chief Executive Officer and a director of Purity Supreme, Inc. from December 1991 through February 1996. Prior to 1991, Mr. Sodini held executive positions at several supermarket chains including Boys Markets, Inc. and Piggly Wiggly Southern, Inc. |
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He previously served as chief operating officer from February 1996 until June 1996. Prior to his positions with The Pantry, Sodini was chief executive officer and a director of [[Purity Supreme]], Inc. from December 1991 through February 1996. Prior to 1991, Sodini held executive positions at several supermarket chains, including [[Boys Markets]], Inc. and Piggly Wiggly Southern, Inc. |
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<ref> |
<ref>[http://ir.thepantry.com/phoenix.zhtml?c=72341&p=irol-govBio&ID=148437 Peter J. Sodini, Chairman and CEO], ir.thepantry.com</ref> |
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Sodini announced in April 2009 that he was going to retire from The Pantry when his contract expired at the end of September 2009.<ref>[http://www.fayobserver.com/Articles/2009/07/02/914407, "Pantry headquarters is moving to Cary"], FayObserver.com</ref> Sodini commented, "I have now spent over ten years with The Pantry, and am proud of what we have accomplished. Ultimately, however, the Board and I discussed the Company`s succession plan and we decided now was the right time to implement it. I look forward to working with the Board to assure a seamless transition and I continue to remain enthusiastic about the Company`s opportunities and prospects in the years to come."<ref>[https://archive.today/20130201071110/http://www.reuters.com/article/pressRelease/idUS152915+23-Apr-2009+BW20090423 Pantry President and CEO Peter J. Sodini to Retire in 2009], reuters.com</ref> |
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==Compensation== |
==Compensation== |
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While CEO of The Pantry in 2008, |
While CEO of The Pantry in 2008, Sodini earned a total compensation of $1,861,974, which included a base salary of $800,000; a cash bonus of $352,590, options granted of $586,673; and other compensation of $122,711. |
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<ref> |
<ref>[http://www.equilar.com/CEO_Compensation/The_Pantry_Peter_J._Sodini.php 2008 CEO Compensation for Peter J. Sodini] {{webarchive|url=https://web.archive.org/web/20090414094100/http://www.equilar.com/CEO_Compensation/The_Pantry_Peter_J._Sodini.php |date=2009-04-14 }}, Equilar.com</ref> |
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==References== |
==References== |
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<references/> |
<references/> |
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== External links == |
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* New CEO named [https://web.archive.org/web/20090901153017/http://www.csnews.com/csn/news/article_display.jsp?vnu_content_id=1004007731] |
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{{DEFAULTSORT:Sodini, Peter}} |
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{{uncategorized|date=July 2009}} |
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[[Category:American retail chief executives]] |
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[[Category:Living people]] |
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[[Category:Year of birth missing (living people)]] |
Latest revision as of 19:36, 10 July 2024
Peter J. Sodini was the president and chief executive officer of The Pantry, Inc. (NASDAQ: PTRY),[1][2] purportedly the leading independently operated convenience store chain in the Southeastern U.S.,[3] from June 1996 to September 2009. He became chairman of The Pantry's board effective February 2006.
Career
[edit]He previously served as chief operating officer from February 1996 until June 1996. Prior to his positions with The Pantry, Sodini was chief executive officer and a director of Purity Supreme, Inc. from December 1991 through February 1996. Prior to 1991, Sodini held executive positions at several supermarket chains, including Boys Markets, Inc. and Piggly Wiggly Southern, Inc. [4]
Sodini announced in April 2009 that he was going to retire from The Pantry when his contract expired at the end of September 2009.[5] Sodini commented, "I have now spent over ten years with The Pantry, and am proud of what we have accomplished. Ultimately, however, the Board and I discussed the Company`s succession plan and we decided now was the right time to implement it. I look forward to working with the Board to assure a seamless transition and I continue to remain enthusiastic about the Company`s opportunities and prospects in the years to come."[6]
Compensation
[edit]While CEO of The Pantry in 2008, Sodini earned a total compensation of $1,861,974, which included a base salary of $800,000; a cash bonus of $352,590, options granted of $586,673; and other compensation of $122,711. [7]
References
[edit]- ^ Holtz, Steve (December 13, 2011). "The Pantry CEO Search Continues". CSP Daily News. Retrieved 2020-03-09.
- ^ "Peter J Sodini". Bloomberg. Retrieved 2020-03-09.
- ^ Pantry President and CEO Peter J. Sodini to Retire in 2009, reuters.com
- ^ Peter J. Sodini, Chairman and CEO, ir.thepantry.com
- ^ "Pantry headquarters is moving to Cary", FayObserver.com
- ^ Pantry President and CEO Peter J. Sodini to Retire in 2009, reuters.com
- ^ 2008 CEO Compensation for Peter J. Sodini Archived 2009-04-14 at the Wayback Machine, Equilar.com
External links
[edit]- New CEO named [1]