HRL - Hormel Foods Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

Hormel Foods Corporation

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

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full Time Employees18,700

Key Executives

NameTitlePayExercisedYear Born
Mr. James P. SneeChairman, Pres & CEO4.43M1.63M1967
Mr. James N. SheehanExec. VP & CFO1.42M3.55M1955
Mr. Glenn R. LeitchExec. VP of Supply Chain1.37MN/A1960
Mr. Nathan P. AnnisDirector of Investor RelationsN/AN/AN/A
Ms. Lori J. MarcoSr. VP of External Affairs & Gen. CounselN/AN/A1967
Amounts are as of December 31, 2019 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 produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Wholly, Hormel, Black Label, Columbus, etc. brand names through sales personnel, as well as through 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 December 7, 2019 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 1.

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.