Core Insights - Hormel Foods Corporation announced the re-appointment of Jeffrey M. Ettinger to its Board of Directors, effective March 21, 2025, highlighting his long-standing commitment to the company and its shareholders [1][2] Company Overview - Hormel Foods is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue and operations in over 80 countries [5] - The company is recognized for its diverse portfolio of brands, including PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others [5] - Hormel Foods is a member of the S&P 500 Index and has received various accolades for corporate responsibility and community service [5] Leadership and Governance - Jeffrey M. Ettinger, who previously served as president and CEO of Hormel Foods from 2005 to 2016, will join the board's Governance Committee and CEO Search Committee [2][3] - Ettinger currently chairs The Hormel Foundation, which beneficially owns approximately 46% of Hormel Foods' outstanding common stock [1][3] Community Engagement - As chairman of The Hormel Foundation, Ettinger oversees the distribution of millions of dollars in charitable donations to enhance the quality of life in the Austin, Minnesota community [3][4]
Hormel Foods Appoints Jeff Ettinger to Board of Directors