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Hormel Foods Corporation (HRL)

NYSE - NYSE Delayed price. Currency in USD
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33.93-0.74 (-2.13%)
At close: 04:00PM EDT
33.91 -0.02 (-0.06%)
After hours: 06:25PM EDT

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, President & CEO2.51MN/A1967
Ms. Jacinth C. SmileyExecutive VP & CFO1.02MN/A1969
Ms. Deanna T. BradyExecutive Vice President of Retail995.45kN/A1965
Mr. Kevin L. Myers Ph.D.Senior Vice President of Research & Development and Quality Control744.24k132.43k1965
David W. DahlstromDirector of Investor RelationsN/AN/AN/A
Mr. Pierre M. LillySenior VP & Chief Compliance OfficerN/AN/A1972
Ms. Katie ClarkSenior VP & Chief Communications OfficerN/AN/AN/A
Mr. Nathan P. AnnisVice President of Corporate DevelopmentN/AN/AN/A
Ms. Katherine M. Losness LarsonSenior Vice President of Human ResourcesN/AN/A1966
Mr. D. Scott AakreGroup VP & Chief Marketing Officer of Hormel Foods Retail BusinessN/AN/A1964
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes 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 other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company 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, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands 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 1 April 2024 is 8. The pillar scores are Audit: 10; Board: 7; Shareholder rights: 7; Compensation: 4.

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 10 indicates higher governance risk.