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Friday, November 27, 2009, 3:10PM ET - U.S. Markets closed early today. Dow Down 1.48% Nasdaq Down 1.73%
Hormel Foods Corp. (HRL)At 1:01PM ET: 37.56  Down 0.53 (1.39%)  
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Hormel Foods Corp.
1 Hormel Place
Austin, MN 55912-3680
United States - Map
Phone: 507-437-5611
Fax: 507-437-5489
Web Site: http://www.hormel.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Consumer Goods
Industry:Meat Products
Full Time Employees:19,100

BUSINESS SUMMARY 
Hormel Foods Corporation, together with its subsidiaries, engages in the production and marketing of various meat and food products in the United States and internationally. It offers various meat products, including fresh, frozen, cured, smoked, cooked, and canned meat. The company provides perishable meat products, such as fresh meats, sausages, hams, wieners, and bacon; poultry products; and shelf-stable products, including canned luncheon meats, shelf-stable microwaveable entrees, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, and tortilla chips. It also offers nutritional food products and supplements, sugar and sugar substitutes, creamers, salt and pepper products, sauces and salad dressings, dessert and drink mixes, and industrial gelatin products. The company sells its products through its sales personnel, as well as independent brokers and distributors. Hormel Foods Corporation, formerly known as George A. Hormel & Company, was founded in 1891 and is based in Austin, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    Hormel Foods Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 43.4% of S&P 500 companies and 88.2% of Food Beverage & Tobacco companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jeffrey M. Ettinger , 51
    Chairman, Chief Exec. Officer and Pres
    $ 4.44M $ 892.00K
    Ms. Jody H. Feragen , 53
    Chief Financial Officer, Sr. VP
    $ 947.00K $ 123.00K
    Mr. Rick Bross , 58
    Group VP and Pres of Hormel Foods International Corp.
    $ 1.10M $ 437.00K
    Mr. Ronald W. Fielding , 56
    Exec. VP of Grocery Products and Corp. Devel.
    $ 1.35M $ 502.00K
    Mr. Robert J. Tegt , 58
    Group VP and Pres of Jennie-O Turkey Store
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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