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Hormel Foods Corporation (HRL)

NYSE - NYSE Delayed Price. Currency in USD
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46.58-0.84 (-1.77%)
At close: 4:02PM EDT

Hormel Foods Corporation

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

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full Time Employees20,100

Key Executives

NameTitlePayExercisedYear Born
Mr. James P. SneeChairman, Pres & CEO6.59M6.71M1967
Mr. James N. SheehanExec. VP & CFO1.83M1.88M1955
Ms. Lori J. MarcoSr. VP of External Affairs & Gen. Counsel1.24M6.15M1967
Ms. Deanna T. BradyExec. VP of Refrigerated Foods1.36M1.47M1965
Mr. Nathan P. AnnisDirector of Investor RelationsN/AN/AN/A
Mr. Pierre M. LillySr. VP & Chief Compliance OfficerN/AN/AN/A
Ms. Wendy A. WatkinsVP of Corp. CommunicationsN/AN/AN/A
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, 2020 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, Jennie-O, Café H, Herdez, Black Label, Sadler's, 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 April 30, 2021 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.