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OFFON

HORMEL FOODS CORPORATION

(HRL)
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Business Summary
Logo Hormel Foods Corporation
Hormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through four segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market and health and also consists of nutrition products, including Muscle Milk protein products.; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; and International & Other, which includes Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally. The Company’s brands also include Planters, NUT-rition, Planters Cheez Balls and Corn Nuts.

Number of employees : 19 100 people.
Sales per Business
20192020Delta
Refrigerated Foods5 210.7454.9%5 271.0654.9% +1.16%
Grocery Products2 369.3224.9%2 385.2924.8% +0.67%
Jennie-O Turkey Store1 323.7813.9%1 333.4613.9% +0.73%
International & Other593.486.2%618.656.4% +4.24%
USD in Million
Sales per region
20192020Delta
United States8 934.9194.1%9 006.0193.7% +0.8%
Foreign562.415.9%602.456.3% +7.12%
USD in Million
Managers
Name Title Age Since
James Snee Chairman, President & Chief Executive Officer 53 2017
James Sheehan Chief Financial Officer & Executive Vice President 65 2019
Kevin Myers Senior Vice President-Research & Development 55 2015
Pierre Lilly Chief Compliance Officer & Senior Vice President - 2020
Elsa A. Murano, Dr. Independent Director 61 2006
Terrell Kirk Crews Independent Director 65 2017
Susan K. Nestegard Independent Director 59 2009
Stephen Mark Lacy Independent Director 66 2011
Christopher J. Policinski Independent Director 61 2012
Gary C. Bhojwani Independent Director 53 2014
Members of the board
Name Title Age Since
James Snee Chairman, President & Chief Executive Officer 53 2017
Elsa A. Murano, Dr. Independent Director 61 2006
Terrell Kirk Crews Independent Director 65 2017
Susan K. Nestegard Independent Director 59 2009
Stephen Mark Lacy Independent Director 66 2011
Christopher J. Policinski Independent Director 61 2012
Gary C. Bhojwani Independent Director 53 2014
Sally J. Wold Smith Independent Director 62 2014
Steven A. White Independent Director 60 2014
William Newlands Independent Director 61 2018
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 542,556,859 284,458,398 52.4% 0 0.0% 52.4%
Shareholders
NameEquities%
The Hormel Foundation 256,433,116 47.3%
The Vanguard Group, Inc. 32,674,946 6.02%
SSgA Funds Management, Inc. 27,135,104 5.00%
Capital Research & Management Co. (International Investors) 10,997,612 2.03%
BlackRock Fund Advisors 7,170,206 1.32%
WEDGE Capital Management LLP 6,491,100 1.20%
Geode Capital Management LLC 5,157,426 0.95%
Principal Global Investors LLC 4,675,446 0.86%
Mairs & Power, Inc. 4,540,010 0.84%
Capital Research & Management Co. (Global Investors) 4,482,854 0.83%
Company contact information
Hormel Foods Corp.
1 Hormel Place
Austin, MN 55912-3680

Phone : +1.507.437.5611
Web : http://www.hormelfoods.com
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