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Hormel Foods Corporation (HRL)

NYSE - NYSE Delayed Price. Currency in USD
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47.81-0.42 (-0.87%)
At close: 04:03PM EDT
48.27 +0.46 (+0.96%)
After hours: 07:59PM EDT
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Hormel Foods Corporation

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

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full Time Employees20,000

Key Executives

NameTitlePayExercisedYear Born
Mr. James P. SneeChairman, Pres & CEO6.05M1.61M1967
Ms. Jacinth C. SmileyExec. VP & CFO728.38kN/A1969
Ms. Lori J. MarcoSr. VP of External Affairs & Gen. Counsel1.11MN/A1967
Ms. Deanna T. BradyExec. VP of Refrigerated Foods1.38MN/A1965
Mr. Nathan P. AnnisDirector of Investor RelationsN/AN/AN/A
Mr. Pierre M. LillySr. VP & Chief Compliance OfficerN/AN/A1971
Ms. Wendy A. WatkinsSr. VP & Chief Communications OfficerN/AN/A1966
Mr. Fred D. HalvinVP of Corp. Devel.N/AN/AN/A
Ms. Janet L. HoganSr. VP of HRN/AN/A1964
Mr. Patrick J. ConnorGroup VP & Pres of Consumer Products SalesN/AN/A1969
Amounts are as of December 31, 2021 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 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 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, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names 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 May 1, 2022 is 4. The pillar scores are Audit: 8; Board: 3; Shareholder Rights: 7; Compensation: 2.

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.
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