Effective December 9, 2014, Mr. John O. Pollard resigned from Ingles Markets, Incorporated's Board of Directors for health reasons. Mr. Pollard confirmed to the company that his resignation was not as a result of a disagreement or dispute with the company. On December 9, 2014, the company's Board of Directors elected two new directors, Ms. Brenda S. Tudor and Mr. Ernest E. Ferguson, to replace Mr. Pollard and Mr. Charles E. Russell who died on August 28, 2014. Ms. Tudor and Mr. Ferguson have been designated as the Company's Class A directors. Ms. Tudor and Mr. Ferguson were also appointed to the Audit/Compensation Committee of the Board of Directors. Mr. Fred D. Ayers, a current member of the Board of Directors and the Audit/Compensation Committee, was designated as an audit committee financial expert who is independent of the management of the company. Mr. Ayers has also been designated as a Class B director. He was previously designated as a Class A director. Ms. Tudor is a President and Chief Financial Officer of Morgan-Keefe Builders Inc. Ms. Tudor retired as Vice President Finance and Chief Financial Officer of Ingles Markets Inc. in 2005 and was a director of the company from 1998 to 2005.
Mr. Ferguson retired in 2007 as a senior vice president and commercial sales director of Wachovia Bank (now Wells Fargo). He has continued to serve on numerous boards and remains active within the Asheville, NC community.
Ingles Markets, Incorporated is a supermarket chain in the southeast United States. It operates a total of 198 supermarkets, including 75 in North Carolina, 65 in Georgia, 35 in South Carolina, 21 in Tennessee, one in Virginia and one in Alabama. It operates 189 supermarkets under the name Ingles, and nine supermarkets under the name Sav-Mor. Ingles supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables, and non-food products. Its non-food products include fuel centers, pharmacies, health and beauty care products and general merchandise. It also offers private label items and locally sourced items throughout its market areas. In addition, it focuses on selling products to its customers through the development of certified organic products, bakery departments and prepared foods, including delicatessen sections. It also operates 114 in-store pharmacies and 108 fuel stations.
INGLES MARKETS, INCORPORATED 
