HRL · Hormel Foods Corp · Executive Compensation

$21.06 -0.30 (-1.40%) At close · Oct 23

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$11.59B

550.35M

Volume · Oct 23 3.28M Avg daily vol (3M) 4.99M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Former President and Chief Executive Officer	$1,050,000	—	$2,000,013	$1,999,770	$1,453,000	$341,315	$7,395,224
Jeffrey M. Ettinger	Interim Chief Executive Officer and Board Member	$323,077	—	$1,800,022	$3,825,000	$380,769	$64,819	$6,428,699
Jeffrey Ettinger	CEO	$323,077	—	$1,800,022	$3,825,000	$380,769	$64,819	$6,428,699
Jacinth C. Smiley	Former Executive Vice President and Chief Financial Officer	$606,731	—	$715,018	$715,101	$521,800	$84,181	$2,730,149
Jacinth Smiley	Former Executive Vice President and Chief Financial Officer	$606,731	—	$715,018	$715,101	$521,800	$84,181	$2,730,149
John F. Ghingo	President and Board Member	$561,923	—	$515,424	$515,498	$534,474	$168,774	$2,401,213
John Ghingo	Board Member	$561,923	—	$515,424	$515,498	$534,474	$168,774	$2,401,213
Colleen R. Batcheler	Senior Vice President, External Affairs, General Counsel and Corporate Secretary	$561,346	—	$485,032	$484,930	$437,600	$180,289	$2,195,864
Swen Neufeldt	Group Vice President, Hormel Foods International	$363,077	—	$475,051	$325,108	$276,738	$48,353	$1,583,080

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$1,050,000	—	$2,000,006	$2,000,187	$1,842,450	$201,849	$8,112,809
Deanna Brady	Executive Vice President	$555,000	—	$450,015	$450,120	$576,575	$70,820	$2,561,044
Jacinth Smiley	Executive Vice President and Chief Financial Officer	$554,904	—	$500,006	$499,730	$640,725	$71,022	$2,349,654
Jacinth C. Smiley	Executive Vice President and Chief Financial Officer	$554,904	—	$500,006	$499,730	$640,725	$71,022	$2,349,654
Kevin L. Myers	Senior Vice President	$409,519	—	$210,001	$209,935	$366,555	$61,686	$1,537,789
Colleen R. Batcheler	Senior Vice President	$202,789	$150,000	$385,025	$234,986	$204,542	$41,294	$1,239,054

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$1,032,692	—	$2,000,038	$1,999,841	$1,347,400	$134,501	$6,785,979
Jacinth C. Smiley	Executive Vice President and Chief Financial Officer	$513,077	—	$440,015	$440,051	$458,100	$47,981	$1,944,870
Jacinth Smiley	Executive Vice President and Chief Financial Officer	$513,077	—	$440,015	$440,051	$458,100	$47,981	$1,944,870
Deanna Brady	Executive Vice President	$527,307	—	$400,014	$400,232	$432,050	$36,096	$1,914,339
Kevin L. Myers	Senior Vice President	$396,538	—	$300,025	$200,116	$288,100	$59,598	$1,317,987
Mark A. Coffey	Group Vice President	$406,538	—	$210,031	$210,326	$308,820	$58,904	$1,300,232

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$1,000,000	$200	$1,750,042	$1,749,732	$4,733,850	$244,278	$9,478,102
Deanna Brady	Executive Vice President	$466,346	$200	$375,039	$374,967	$890,610	$72,364	$2,179,526
Jacinth Smiley	Executive Vice President and Chief Financial Officer	$482,692	$200	$375,039	$374,967	$766,768	$70,964	$2,120,553
Jacinth C. Smiley	Executive Vice President and Chief Financial Officer	$482,692	$200	$375,039	$374,967	$766,768	$70,964	$2,120,553
Lori J. Marco	Senior Vice President	$370,000	$200	$190,002	$189,874	$649,520	$65,531	$1,465,127
Mark A. Coffey	Group Vice President	$394,808	$200	$180,030	$180,312	$621,762	$59,220	$1,436,332
James N. Sheehan	Former Executive Vice President and Chief Financial Officer	$90,865	$200	—	—	$521,432	$25,264	$637,761

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$1,010,577	$200	$1,675,044	$1,674,704	$4,792,500	$248,311	$9,957,474
James N. Sheehan	Former Executive Vice President and Chief Financial Officer	$526,435	$200	$400,012	$400,180	$1,085,400	$82,975	$2,894,119
Deanna Brady	Executive Vice President	$450,034	$200	$310,038	$309,672	$854,368	$71,276	$2,189,104
Glenn R. Leitch	Former Executive Vice President	$232,458	$200	$397,541	$350,064	$792,110	$57,895	$2,038,728
Jacinth C. Smiley	Executive Vice President and Chief Financial Officer	$294,231	—	$996,819	$175,122	$333,527	$100,617	$1,974,236
Jacinth Smiley	Executive Vice President and Chief Financial Officer	$294,231	—	$996,819	$175,122	$333,527	$100,617	$1,974,236
Lori J. Marco	Senior Vice President	$377,108	$200	$180,044	$180,268	$675,180	$57,392	$1,624,337

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$966,360	$300	$1,625,047	$1,625,184	$5,410,600	$213,116	$10,280,130
James N. Sheehan	Former Executive Vice President and Chief Financial Officer	$491,340	$300	$350,020	$349,752	$1,268,925	$74,123	$2,931,183
Glenn R. Leitch	Former Executive Vice President	$456,240	$300	$300,018	$299,897	$1,237,960	$74,717	$2,678,993
Thomas R. Day	Former Executive Vice President	$237,510	$300	$350,020	$349,752	$932,047	$63,402	$2,451,688
Deanna Brady	Executive Vice President	$422,600	$300	$240,041	$240,071	$869,595	$63,662	$2,060,020
James M. Splinter	Former Group Vice President	$215,534	$300	$245,005	$244,673	$851,196	$41,274	$1,887,055
Lori J. Marco	Senior Vice President	$368,270	$300	$170,001	$170,274	$801,450	$73,141	$1,804,615

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$932,760	$400	—	$2,750,350	$3,309,597	$183,658	$8,324,267
Thomas R. Day	Former Executive Vice President	$466,380	$400	—	$624,732	$973,293	$82,826	$3,432,293
James N. Sheehan	Executive Vice President and Chief Financial Officer	$468,090	$400	—	$650,328	$886,371	$69,895	$2,956,859
Glenn R. Leitch	Former Executive Vice President	$434,790	$400	—	$575,436	$865,300	$65,090	$2,546,771
James M. Splinter	Former Group Vice President	$349,770	$400	—	$430,392	$770,162	$63,314	$2,273,126

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James P. Snee	Chairman of the Board, President and Chief Executive Officer	$882,750	$250	—	$2,374,691	$2,955,987	$139,577	$6,353,255
Thomas R. Day	Former Executive Vice President	$425,850	$250	—	$550,242	$974,091	$82,117	$2,032,550
James N. Sheehan	Executive Vice President and Chief Financial Officer	$439,430	$250	—	$600,138	$808,529	$70,807	$1,923,670
Glenn R. Leitch	Executive Vice President	$421,725	$250	—	$550,242	$776,123	$69,412	$1,817,752
James M. Splinter	Former Group Vice President	$338,280	$250	—	$415,107	$794,710	$65,988	$1,614,335

Executive changes

Person	Role	Change	Effective	Filed
Ash Bhumbla	Executive Vice President and Chief Financial Officer	Appointed	2026-09-08	2026-08-24
John F. Ghingo	President and Chief Executive Officer	Appointed	2026-10-26	2026-07-28
Paul Kuehneman	Interim Chief Financial Officer and Controller	Appointed	2025-10-27	2025-10-29
John F. Ghingo	member of the Board	Appointed	2025-07-14	2025-06-23
John F. Ghingo	President	Appointed	2025-07-14	2025-06-23
Jeffrey M. Ettinger	Interim Chief Executive Officer	Appointed	2025-07-14	2025-06-23
Scott Aakre	Group Vice President and Chief Marketing Officer for Retail	Retired	—	2025-05-16
D. Scott Aakre	Director	Appointed	2025-05-15	2025-05-16
Jeffrey Ettinger	Board of Directors	Appointed	2025-03-21	2025-03-20
Debbra Schoneman	Board of Directors	Appointed	2024-09-21	2024-09-23
Deanna Brady	Executive Vice President, Retail	Retired	2024-10-27	2024-08-19
Jose Luis Prado	member of the Board	Resigned	2024-03-25	2024-03-29
Raymond G. Young	Board of Directors	Resigned	2024-02-01	2024-02-02
Steve Lykken	group vice president of supply chain	Appointed	—	2024-02-01
Mark Coffey	group vice president of supply chain	Retired	—	2024-02-01
Mike Zechmeister	Board of Directors	Appointed	2023-03-27	2023-03-27
Ray Young	Board of Directors	Appointed	2023-03-27	2023-03-27

Leadership

Jeffrey Ettinger CEO, Board Member
Jeffrey M. Ettinger CEO
John F. Ghingo CEO, Board Member
Ash Bhumbla CFO
Jacinth C. Smiley CFO
Jacinth Smiley CFO
Colleen R. Batcheler General Counsel
D. Scott Aakre Board Member
Debbra Schoneman Board Member
John Ghingo Board Member
Mike Zechmeister Board Member
Ray Young Board Member

Key facts CIK 48465 CUSIP 440452100 13F (30d) 121 filings 113 filers Visit website Investor relations