Hormel Foods Corporation announced the re-appointment of Jeffrey M. Ettinger, chairman of The Hormel Foundation, to its Board of Directors, effective March 21, 2025. Ettinger previously served as the company's president and chief executive officer from 2005 to 2016, bringing nearly three decades of experience with Hormel Foods. His return to the board is expected to provide valuable insights.
Ettinger will join the board's Governance Committee and the CEO Search Committee, playing a crucial role in the ongoing leadership transition following the announced retirement of current CEO James P. Snee. His deep understanding of the company and its culture is considered a significant asset. Bill Newlands, chairman of the Hormel Foods board, expressed pleasure in welcoming Ettinger back.
The Hormel Foundation, which Ettinger chairs, beneficially owns approximately 46% of Hormel Foods' outstanding common stock, making his representation on the board particularly important. His re-appointment reinforces the company's commitment to strong governance and leveraging experienced leadership to shape its future growth trajectory.
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