Latest news with #TheHormelFoundation
Yahoo
15-05-2025
- Business
- Yahoo
Hormel Foods Announces Retirement of Scott Aakre, Group Vice President and Chief Marketing Officer for Retail, Following a Distinguished 35-year career
Aakre extends his service to the company by joining Hormel Foods board of directors AUSTIN, Minn., May 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Scott Aakre, group vice president and chief marketing officer for Retail, will retire at the end of the company's fiscal 2025 after 35 years of distinguished service. His responsibilities will be transitioned internally. The company also announced that Aakre, who serves on The Hormel Foundation board, was appointed to the Hormel Foods board of directors, effective May 15, 2025, enabling the company to continue benefiting from his expertise. "Scott has been a tremendous asset to our organization, and we have been incredibly fortunate to benefit from his leadership, creativity and business expertise for over three decades," said Jim Snee, president and chief executive officer, Hormel Foods. "Austin, Minnesota, is both Scott's hometown and the home of Hormel Foods, and we are grateful he chose to build his career here with us. I'm delighted he will continue to support the company beyond his retirement as a member of the Hormel Foods board of directors." "We are pleased to welcome Scott to the Hormel Foods board of directors," said Bill Newlands, chairman of the Hormel Foods board. "His marketing experience has helped strengthen the connection between the company's brands and the people who love them, and he is a champion for the Austin, Minnesota, community. We're excited to have his perspective on the board, which, now at 12 members, we believe is a good size." "It's been incredibly rewarding to be part of this company's journey over the past 35 years," Aakre said. "I'm honored to join the Hormel Foods board and support the company's continued success in this new capacity. As a recently appointed director of The Hormel Foundation, I look forward to representing The Hormel Foundation and all of our shareholders." About Scott AakreAakre joined Hormel Foods in 1990 and held a variety of management positions for the company before being named vice president of marketing for grocery products in 2005. Aakre transitioned to vice president of corporate innovation and new product development in 2011. He then became senior vice president of Brand Fuel in 2022 and assumed his current position in 2023. Aakre is active in the innovation industry as well as in a variety of community and charitable causes. He has been a champion for the United Way of Mower County, previously serving on its board. In April 2025, Aakre was named to the board of directors of The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission that beneficially owns approximately 46% of the company's common stock. Aakre earned a bachelor's degree and a master's degree in business administration from the University of Minnesota. About Hormel Foods — Inspired People. Inspired Food.™ Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, JUSTIN'S®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit Contact: Media RelationsHormel Foodsmedia@ View original content to download multimedia: SOURCE Hormel Foods Corporation Sign in to access your portfolio
Yahoo
20-03-2025
- Business
- Yahoo
Hormel Foods Appoints Jeff Ettinger to Board of Directors
AUSTIN, Minn., March 20, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Jeffrey M. Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Hormel Foods Board of Directors, effective March 21, 2025. The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission, beneficially owns approximately 46% of Hormel Foods outstanding common stock. Ettinger previously served on the Hormel Foods Board of Directors and spent nearly three decades with the company, retiring in 2016 after a successful tenure as president and chief executive officer. "We are happy to welcome Jeff Ettinger back to the Hormel Foods Board of Directors," said Bill Newlands, chairman of the Hormel Foods board. "During his tenure with the company and as chairman for our largest shareholder, Jeff has demonstrated a steadfast commitment to supporting Hormel Foods, our shareholders, and our hometown of Austin, Minnesota." He continued, "We are proud to continue to evolve and deepen our relationship with The Hormel Foundation, which was established more than 80 years ago by company founders George A. Hormel and his son Jay, to support the vibrancy and success of Hormel Foods for generations to come." "Returning to the Hormel Foods Board of Directors is a privilege and honor," Ettinger said. "I look forward to representing The Hormel Foundation and all shareholders while working with the board and management to help shape the next chapter of growth for Hormel Foods, rooted in our Austin, Minnesota, community." Ettinger will join the board's Governance Committee and CEO Search Committee. About Jeff Ettinger Ettinger currently is chairman of The Hormel Foundation, one of Minnesota's largest community foundations and grant makers. In this role, Ettinger oversees the distribution of millions of dollars in charitable donations to organizations in and around Austin, Minnesota, enhancing the quality of life in the community. Ettinger served as the interim president of the University of Minnesota from 2023 to 2024. Previously, he was president and chief executive officer of Hormel Foods from 2005 to 2016. He became Hormel Foods' chief executive officer after serving in roles including corporate attorney, treasurer, and president of Jennie-O Turkey Store, Inc. Ettinger is also an experienced independent public company director, previously serving on the boards of The Toro Company and Ecolab Inc., including serving as Ecolab's lead director for nearly six years. Ettinger holds a Bachelor of Arts degree and a Juris Doctor from the University of California, Los Angeles. About Hormel Foods – Inspired People. Inspired Food.™ Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, JUSTIN'S®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit Contact: Media RelationsHormel Foodsmedia@ View original content to download multimedia: SOURCE Hormel Foods Corporation Sign in to access your portfolio
Yahoo
07-03-2025
- Climate
- Yahoo
Smashing Cancer Demolition Derby moved to March 15
Mar. 6—Originally scheduled for this Saturday, the Smashing Cancer Demolition Derby has been postponed to the following Saturday, March 15 at the Mower County Fairgrounds. The move was made due to this Wednesday's snowstorm and blizzard conditions. Pit gates open at 9 a.m. and the ticket booth and silent auction opens at 11 a.m. with the derby itself scheduled to start at 1 p.m. This event is part of the overall effort of Paint the Town Pink, with funds generated going to The Hormel Foundation.
