Hormel Foods Corporation (0J5Z.L) LSE

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Hormel Foods Corporation

Address

1 Hormel Place

Austin, MN 55912-3680

United States of America (the)

Phone

507 437 5611

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

20000

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Jeffrey EttingerInterim Chief Executive Officer & Director1.59M1958
Swen NeufeldtGroup Vice President & President of Hormel Foods International688,1681974
Colleen R. BatchelerSenior Vice President of External Affairs, General Counsel & Corporate Secretary1.18M1974
John F. GhingoPresident & Director2.67M1973
Jess BlombergDirector of Investor Relations0N/A
Jason LevineGroup VP & Chief Marketing Officer0N/A
Nathan AnnisVice President of Corporate Development0N/A
Paul R. KuehnemanInterim Chief Financial Officer & Controller01971
Mary Katherine ClarkSenior Vice President & Chief Communications Officer01980
Donald MonkSenior VP & CTO0N/A
Pierre LillySenior Vice President & Chief Compliance Officer01971
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Description

Hormel Foods Corporation is a prominent global food company dedicated to the development, production, and supply of a diverse array of meat, nut, and other food items. It caters to a broad spectrum of clients, encompassing retail outlets, food service establishments, delicatessens, and other commercial entities, both within the United States and across international markets. The company structures its extensive operations into four primary segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Its product range includes a variety of perishable goods such as fresh meats, frozen offerings, refrigerated prepared meals, an assortment of sausages, hams, guacamole, and bacons. Complementing these are numerous shelf-stable products, featuring canned luncheon meats, nut butters, snack nuts, chili, microwaveable meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these, Hormel actively processes, markets, and sells both branded and unbranded pork, beef, poultry, and turkey products. Its portfolio further extends to nutritional food supplements, desserts, drink mixes, and industrial gelatin products. Hormel's merchandise is primarily sold under a portfolio of well-known brands, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Herdez, Wholly, Columbus, Planters, and Corn Nuts, among many others. Distribution to customers is facilitated by its own sales force, independent brokers, and a network of distributors. Founded in 1891, the company was initially known as Geo. A. Hormel & Company before officially changing its name to Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.

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