Hormel Foods Corporation (HRL)

34.38 +0.34 (+1.00%) At close: 04:00PM EDT

Hormel Foods Corporation

1 Hormel Place
Austin, MN 55912-3680
United States
507 437 5611
https://www.hormelfoods.com

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full Time Employees: 20,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. James P. Snee	Chairman, President & CEO	2.51M	N/A	1967
Ms. Jacinth C. Smiley	Executive VP & CFO	1.02M	N/A	1969
Ms. Deanna T. Brady	Executive Vice President of Retail	995.45k	N/A	1965
Mr. Kevin L. Myers Ph.D.	Senior Vice President of Research & Development and Quality Control	744.24k	132.43k	1965
David W. Dahlstrom	Director of Investor Relations	N/A	N/A	N/A
Mr. Pierre M. Lilly	Senior VP & Chief Compliance Officer	N/A	N/A	1972
Ms. Katie Clark	Senior VP & Chief Communications Officer	N/A	N/A	N/A
Mr. Nathan P. Annis	Vice President of Corporate Development	N/A	N/A	N/A
Ms. Katherine M. Losness Larson	Senior Vice President of Human Resources	N/A	N/A	1966
Mr. D. Scott Aakre	Group VP & Chief Marketing Officer of Hormel Foods Retail Business	N/A	N/A	1964

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Corporate Governance

Hormel Foods Corporation’s ISS Governance QualityScore as of April 1, 2024 is 8. The pillar scores are Audit: 10; Board: 7; Shareholder Rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.