Hormel Foods Corporation announced the election of Debbra Schoneman, president of Piper Sandler Companies, to its Board of Directors, effective September 21, 2024. Schoneman will also join the Audit and Governance Committees of the board. Her extensive background in finance and corporate development is expected to be a valuable asset to the company.
Jim Snee, chairman of the board, president, and chief executive officer of Hormel Foods, expressed delight in welcoming Schoneman. He highlighted her impressive background and expertise as invaluable for the company's ongoing transformation, modernization, and growth strategies. This appointment aims to bolster the board's strategic capabilities.
Schoneman has served as president of Piper Sandler Companies since 2018, managing its equities, fixed income, and public finance businesses. Her 34 years with the firm, including a tenure as chief financial officer, provide a strong foundation for her contributions to Hormel Foods' governance and strategic direction.
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