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Hormel Foods Corp (HRL)

HRL on New York Consolidated

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30 Sep 2016
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Summary

Name Age Since Current Position

Jeffrey Ettinger

57 2015 Chairman of the Board, Chief Executive Officer

James Snee

48 2015 President, Chief Operating Officer

Jody Feragen

60 2010 Chief Financial Officer, Executive Vice President, Director

Chad Randick

2015 President of Burke Marketing Corp

Steven Binder

58 2011 Executive Vice President, President - Hormel Business Units

Lori Marco

48 2015 Senior Vice President - External Affairs and General Counsel

Lawrence Lyons

60 2015 Senior Vice President of Human Resources

Bryan Farnsworth

58 2014 Senior Vice President - Supply Chain

Kevin Myers

50 2015 Senior Vice President - Research & Development

James Sheehan

60 2016 Chief Accounting Officer, Vice President

Jana Haynes

2016 Vice President, Controller

Gary Jamison

2016 Vice President, Treasurer

David Weber

2015 Vice President - Marketing, Foodservice

Brian Johnson

55 2010 Vice President, Corporate Secretary

Jeffrey Baker

51 2015 Group Vice President - Foodservice

Deanna Brady

50 2015 Group Vice President and President - Consumer Product Sales

Thomas Day

57 2013 Group Vice President - Refrigerated Foods

Tyler Hulsebus

2016 Vice President - Engineering

Donald Kremin

55 2011 Group Vice President - Specialty Foods Group

Glenn Leitch

55 2011 Group Vice President, President of Jennie-O Turkey Store Inc.

James Splinter

53 2010 Group Vice President - Grocery Products

Larry Vorpahl

52 2015 Group Vice President; President of Hormel Foods International

John Morrison

70 2011 Lead Independent Director

Gary Bhojwani

48 2014 Independent Director

Terrel Crews

60 2007 Independent Director

Glenn Forbes

68 2011 Independent Director

Stephen Lacy

62 2011 Independent Director

Elsa Murano

56 2006 Independent Director

Robert Nakasone

67 2006 Independent Director

Susan Nestegard

55 2009 Independent Director

Dakota Pippins

67 2001 Independent Director

Christopher Policinski

57 2012 Independent Director

Sally Smith

58 2014 Independent Director

Steven White

55 2014 Independent Director

Biographies

Name Description

Jeffrey Ettinger

Mr. Jeffrey M. Ettinger is re-designated as Chairman of the Board of the Company., effective October 30, 2016. He was Chairman of the Board, Chief Executive Officer of the Company since October 26, 2015. He was Chairman of the Board, President and Chief Executive Officer from November 2006 to October 2015, President and Chief Executive Officer from January to November 2006, and President and Chief Operating Officer from 2004 to 2006. Mr. Ettinger is a member of the Board of Directors of The Toro Company, Bloomington, Minnesota, Ecolab Inc., Saint Paul, Minnesota, Grocery Manufacturers of America, Washington, D.C., North American Meat Institute, Washington, D.C., Minnesota Business Partnership, Minneapolis, Minnesota, and The Hormel Foundation, Austin, Minnesota. In addition to his exemplary executive leadership of the Company, Mr. Ettinger brings practical finance, marketing and legal expertise to the Board, as well as a deep knowledge of the Company and food industry developed during his 26-year tenure with the Company.

James Snee

Mr. James P. Snee has been appointed as President, Chief Executive Officer, Chief Operating Officer of the Company., effective October 31, 2016. He was President, Chief Operating Officer, of the Company since October 26, 2015. He was Group Vice President and President, Hormel Foods International Corporation from October 2012 to October 2015, Vice President and Senior Vice President, Hormel Foods International Corporation from October 2011 to October 2012, Vice President, Affiliated Business Units from October 2008 to October 2011, and Director of Purchasing from February 2006 to October 2008. In addition to his executive leadership experience, Mr. Snee brings broad sales, marketing, supply chain and international business expertise to the Board, as well as in-depth knowledge of the Company and food industry developed during his 26-year career with the Company.

Jody Feragen

Ms. Jody H. Feragen is no longer Chief Financial Officer, Executive Vice President, Director of Hormel Foods Corporation, effective October 30, 2016. Ms. Feragen is Executive Vice President and Chief Financial Officer of the Company. She was elected to that position in 2010, and was Senior Vice President and Chief Financial Officer from 2007 to 2010, and Vice President of Finance and Treasurer from 2005 to 2007. Ms. Feragen is a member of the Board of Directors of Patterson Companies, Inc., Saint Paul, Minnesota, Graco Inc., Minneapolis, Minnesota, and the University of North Dakota Alumni Association and Foundation, Grand Forks, North Dakota. Ms. Feragen brings to the Board in-depth expertise in finance and related functions developed during her over 29-year finance career, as well as knowledge of the Company and food industry.

Chad Randick

Mr. Chad A. Randick is President of Burke Marketing Corp of the Company. He was Vice President - Foodservice Division of Hormel Foods Corporation. Randick began his career with Hormel Foods in 1994 as an accountant at the Fremont (Neb.) Plant. He progressed through various credit analyst positions and then became the manager of accounts payable and payroll at the Jennie-O Turkey Store Corporate Office (Willmar, Minn.) in 1996, and the general accounting manager in 1997. Randick transitioned to Jennie-O Turkey Store foodservice sales the following year, starting as a regional sales manager and then advancing to a division director in 2006. In 2012, he became the director of foodservice and distribution for Jennie-O Turkey Store.

Steven Binder

Mr. Steven G. Binder is Executive Vice President, President - Hormel Business Units of Hormel Foods Corporation. He is responsible for the company’s refrigerated products operations, including meat products, foodservice, fresh pork, Saag’s and Dan’s Prize. He joined Hormel Foods in 1979 and progressed through numerous sales and management positions within the foodservice and meat products groups. In 1993, he became Regional Sales Manager of the foodservice group. In 1996, he advanced to Director of Sales for the foodservice group, responsible for hiring, training and managing the company’s direct sales representatives and food broker network. In 1998, he was named Vice President of the foodservice group, responsible for overseeing the group’s growth, profitability and strategic direction. In 2000, he was named Group Vice President - Foodservice group and was appointed in 2007 as Group Vice President - Refrigerated products. He earned a Bachelor of Science degree in Business Administration from Southwest Minnesota State University in Marshall, Minn.

Lori Marco

Ms. Lori J. Marco is Senior Vice President - External Affairs and General Counselof Hormel Foods Corporation. She will oversee law, corporate communications and legislative and regulatory affairs. She started her career at Hormel Foods in 2004 as a corporate attorney and was named senior attorney in 2007. Marco is a member of the Minnesota State Bar Association, American Intellectual Property Law Association and Minnesota Intellectual Property Law Association.

Lawrence Lyons

Mr. Lawrence C. Lyons is Senior Vice President of Human Resources of Hormel Foods Corporation. Lyons joined Hormel Foods in 1978 as an industrial engineering trainee at the Fort Dodge Plant. In 1981, he became a compensation analyst at the Corporate Office, and later became industrial relations supervisor. In 1988, he transferred to the Beloit Plant in the role of manager of personnel and purchasing. Lyons became the corporate manager of safety and security at the Corporate Office in 1993, followed by other human resources roles including manager of employee relations and director of personnel.

Bryan Farnsworth

Mr. Bryan D. Farnsworth is as Senior Vice President - Supply Chain of Hormel Foods Corporation since March 3, 2014. In 1981, Farnsworth began his career with Hormel Foods at the Fremont Plant. He held a variety of quality and process control positions at the Fremont Plant, Corporate Office, Austin Plant, Beloit Plant and at Jennie-O Turkey Store. He gained plant manager experience in 1995 at Jennie-O Turkey Store, and moved back to the Corporate Office in 1996 as director of quality management. Farnsworth has held his current position since 2005. Farnsworth graduated from Western Michigan University with a Bachelor of Science degree in Manufacturing Administration and is a graduate of the University of Minnesota Carlson School of Management Executive Program.

Kevin Myers

Dr. Kevin L. Myers Ph.D., has been appointed as Senior Vice President - Research & Development of Hormel Foods Corporation effective March 20, 2015. Myers came to Hormel Foods with 11 years of experience in the food industry, holding management positions in food technology, research science, and new product development. In 2001, he started with the company as a research scientist for fresh meat at research and development. He was promoted to development leader of fresh and processed meats in 2005, and a year later, was promoted to group manager of product development. In 2012, he assumed his current role as director of product and process development. Myers is a graduate of Iowa State University.

James Sheehan

Mr. James N. Sheehan has been appointed as Chief Financial Officer, Senior Vice President of the Company, effective 30 October 2016. Sheehan began his career in 1978 as an accountant at the Fremont Plant. The same year, he moved to Fort Dodge, Iowa, and became the manager of data processing, billing and invoices. Two years later, he became the manager of general accounting and claims in Fort Dodge, and then moved to Algona, Iowa, to become the office manager. In 1986, he moved to Kenosha, Wis., in the role of office manager and then became the controller one year later. In 1988, he became the corporate credit manager at the Corporate Office, and in 1996, became the corporate manager of credit and claims. In 1998, he became the president of Hormel Financial Services and a year later became the treasurer. He assumed his current role in 2000.

Jana Haynes

Ms. Jana L. Haynes has been re-designated as Vice President, Controller of the Company., effective May 30, 2016. Haynes joined Hormel Foods in 1994 as an accountant at the Austin Plant and subsequently served in several accounting manager positions in the Austin Plant, Fremont (Neb.), Rochelle (Ill.) Foods, and Osceola (Iowa) Food plants. In addition, she gained experience at Koch Industries as a business unit accounting manager from 1997-2000. In 2002, she became to manager of international and property tax at the Corporate Office (Austin, Minn.). Haynes assumed the role of director of taxes in 2007, and her current role in 2013.

Gary Jamison

Mr. Gary Jamison has been appointed as Vice President, Treasurer of the Company. Jamison began his career as an accountant at the Fremont Plant in 1988. He moved to the Corporate Office the next year for a role as an internal auditor. In 1990, he moved back to the Fremont Plant and became the manager of production cost analysts and production costs. Over the next few years, he held several positions as a cost analyst and in 1997, he became a production manager and price administer in fresh pork at the Corporate Office. In 2000, he became the manager of expense analysis and control, and the next year became the manager of cost accounting for Refrigerated Foods. In 2003, he became the business unit controller for Specialty Foods and in 2006, the vice president of finance at Farmer John in Vernon, Calif. He assumed his current role in 2012.

David Weber

Mr. David F. Weber has been appointed as Vice President - Marketing, Foodservice of the Company, with effect from October 26, 2015. Weber started his career with Hormel Foods in 1992 and has held several foodservice sales and product manager positions throughout the United States. In 2006 Weber was promoted to foodservice regional manager in Charlotte, N.C. Weber assumed his current position as president of Burke Corporation, a subsidiary of Hormel Foods, in 2012.

Brian Johnson

Mr. Brian Dean Johnson is Vice President, Corporate Secretary of Hormel Foods Corporation. He served as Corporate Secretary & Senior Attorney of the company. He handles acquisition, corporate governance, securities, advertising, financing and real estate matters for Hormel Foods Corporation, and serves on the Disclosure and Compliance Committees. He started with Hormel Foods in 1995 as a corporate attorney. He was promoted to senior attorney in 2000. In 2005, he was promoted to assistant secretary, and was promoted to corporate secretary in 2007.Prior to joining Hormel Foods, Johnson practiced law with Doherty, Rumble & Butler, P.A. He graduated from Minnesota State University, Mankato in 1983 with a Bachelor of Science degree, cum laude, with majors in Accounting, Finance and Real Estate/Insurance, and minors in Economics and Political Science. He earned designation as a Certified Public Accountant in 1984, and graduated magna cum laude and Order of the Coif with a J.D. degree from the University of Minnesota Law School in 1991. He volunteers in the local community and church, serving on the finance committee for his church. He also served several years on the Austin City Planning Commission, acting as Chair in 2000 through 2006.

Jeffrey Baker

Mr. Jeffrey R. Baker has been appointed as Group Vice President - Foodservice of the Company, with effect from October 26, 2015. Baker joined Hormel Foods in sales in 1990. After holding product manager positions for smoked meats and sausage, Baker became the meat products district manager in Buffalo, N.Y., in 2001. In 2002, he was promoted to senior product manager, meat products, and became the group product manager for meat products three years later. Baker advanced to director of fresh meats marketing and Precept Foods in 2009, and he advanced to his most recent role as vice president of marketing, foodservice, in 2012.

Deanna Brady

Ms. Deanna T. Bradyhas been appointed as Group Vice President and President - Consumer Product Sales of the Company, with effect from October 26, 2015. She was the Group Vice President - Foodservice of Hormel Foods Corp. In this position, Ms. Brady oversees all of Hormel Foods’ foodservice sales force. She began her career with Hormel Foods in September 1996 as a Foodservice Territory Manager in the Metro area, and over the ensuing years, held various foodservice sales positions across the United States. In June 2003, Brady was promoted to Foodservice Regional Manager in Los Angeles, Calif. In 2007, she was promoted to Vice President of Sales, Foodservice. She is a graduate of California Polytechnic State University in San Luis Obispo where she received a Bachelor of Science degree in Dietetics and Food Administration, and is also a registered dietitian.

Thomas Day

Mr. Thomas R. Day is Group Vice President - Refrigerated Foods of Hormel Foods Corp., since October 28, 2013. He is responsible for the sales and marketing of foodservice products within the United States. He joined Hormel Foods in 1981 on a relief assignment in Texas and was promoted to Territory Manager of Meat products later that year. In 1985, he was named Territory Manager of Foodservice, and in 1989 he became Manager of National Accounts for Foodservice. He served as Manager of National Accounts and Regional Manager beginning in 1992, and in 1994 was appointed Director of Sales and Marketing of Dubuque Foods. He was named Director of Sales for the Foodservice group in 1998, and Vice President Foodservice Sales 2000. He was promoted to his current position in 2007. He is a graduate of the University of Wisconsin-Eau Claire, with a Bachelor’s degree in Business Administration. He holds a Master’s degree in Business Administration from the University of Texas, San Antonio, and is a graduate of the University of Minnesota Carlson School of Management Executive Program.

Tyler Hulsebus

Mr. Tyler L. Hulsebus has been appointed as Vice President - Engineering of the Company., effective 30 May 2016. Hulsebus began his career at Hormel Foods in 1997, as an associate maintenance engineer at the Austin (Minn.) Plant. In 2000, he transferred to the Corporate Office as a staff engineer, and after a few months he relocated to Rochelle (Ill.) Foods to become a project engineer. In 2004, he returned to the Austin Plant as the superintendent of plant engineering. In July 2006, he transferred to the Corporate Office as the corporate coordinator of reliability improvement and was promoted in 2009 to the corporate manager of plant engineering and reliability. In 2011, he became manager of plant engineering at the Austin Plant. He assumed his current role in 2013.

Donald Kremin

Mr. Donald H. Kremin is Group Vice President - Specialty Foods Group of Hormel Foods Corp. He is no longer Vice President - Consumer Product Sales of the Company. He started with Hormel Foods in 1984 as a sales merchandiser in Grocery Products. He held various sales positions before being promoted to the director of customer development in CPS in 2004. In 2005, Kremin was named director of the Walmart business team and vice president of CPS. He was promoted to vice president of Hormel Foods and senior vice president of CPS for the Walmart business in 2007. He became the national sales manager for ethnic specialties in grocery products in Chicago, Ill., in 1999, and in 2004, he became the director of customer development in consumer products sales in Chicago. In 2005, he was named director of the Wal-Mart business team and vice president of consumer products sales in Bentonville, Ark. Originally from Chicago, Ill., he received his Bachelor of Arts from Northern Illinois University.

Glenn Leitch

Mr. Glenn R. Leitch is Group Vice President of Hormel Foods Corporation and President of Jennie-O Turkey Store Inc., subsidiary of the Company. He started his career as director of commodity sales at Jennie-O Turkey Store in 1996. He was promoted to senior vice president of the commodity and supply division at Jennie-O Turkey Store in 2001, and was named general manager at Jennie-O Turkey Store in 2011.

James Splinter

Mr. James M. Splinter is Group Vice President - Grocery Products of Hormel Foods Corporation. In this position, he is responsible for managing all brand building marketing activities, including the associated marketing budget and new product development activities. He also manages the profit and loss statement of the meat products division, develops a staff of marketing product managers and manages the brand assets of Hormel and Lloyd’s barbeque. He joined Dubuque Foods in 1984 and became product manager for retail sausage products in 1990. In 1995, he joined Hormel Foods as product manager for the meat products group in Austin, Minn., managing the marketing activities of the category’s brand – Hormel® pepperoni, which earned a Print Media Campaign award from Food and Beverage magazine. In 1997, he joined the grocery products division as group product manager for the recipe ingredient group and oversaw the brand revitalization efforts for the now 70-year-old SPAM brand. In 1999, he was promoted to senior vice president, sales and marketing of the retail division at Jennie-O Turkey Store. In 2003, he was promoted to his current position. He graduated from Loras College with a Bachelor of Arts degree in Business.

Larry Vorpahl

Mr. Larry L. Vorpahl has been appointed as Group Vice President; President of Hormel Foods International Corporation of the Company, with effect from October 26, 2015. He was President - Consumer Products Sales and oversees a sales force of approximately 300 people that services all formats of retail customers nationwide, selling both shelf stable grocery and refrigerated meat products. He joined Hormel Foods in 1986 as a sales merchandiser and later that year became a sales representative. He was promoted to associate product manager in 1987, product manager in 1990, senior product manager in 1993 and group product manager in 1995. He was promoted to director of marketing in 1996 and was named vice president of marketing in 1999. In 2003, he became vice president and general manager - grocery products, responsible for overseeing the company’s grocery products division. He was promoted to his current position in October 2005. A graduate of the University of Wisconsin, Eau Claire, he holds a Bachelor’s degree in Business Administration with a comprehensive Marketing major. He is a graduate of several executive education programs, including the Executive Education Program at Harvard Business School, the Minnesota Executive Program at the Carlson School of Management at University of Minnesota and the Minnesota Management Institute at the Carlson School of Management at University of Minnesota.

John Morrison

Mr. John L. Morrison is Lead Independent Director of Hormel Foods Corporation since November 21, 2011. Mr. Morrison has served as Managing Director, Goldner Hawn Johnson & Morrison Incorporated, a private equity investment firm, since 1989 and Chairman, Callanish Capital Partners, a private hedge fund, since 2001. He was Executive Vice President of Pillsbury and Chairman of the U.S. Consumer Foods Group from 1987 to 1989, and President of Pillsbury’s International Group from 1981 to 1987. Mr. Morrison is a member of the Board of Directors of Andersen Corporation, St. Paul, Minnesota. Mr. Morrison brings extensive expertise in finance, corporate development, and international business, as well as deep food industry knowledge, to the Board.

Gary Bhojwani

Mr. Gary C. Bhojwani is Independent Director of the Company. Mr. Bhojwani is founder and serves as Chief Executive Officer of GCB, LLC, an insurance and financial services consulting company, a position he has held since April 2015. He was Chairman of Allianz Life Insurance Company of North America, a provider of retirement solutions, and a member of the Board of Management of Allianz SE from 2012 to January 1, 2015 and Chief Executive Officer of Allianz Life Insurance Company of North America from 2007 to 2011. Mr. Bhojwani was President of Commercial Business, Fireman’s Fund Insurance Company from 2004 to 2007, Chief Executive Officer of Lincoln General Insurance Company from 2002 to 2004, founder and Chief Executive Officer of Avalon Risk Management from 1998 to 2002, and President, Trade Insurance Services from 1995 to 1997. He is a past member of the Board of Directors of the U.S. Chamber of Commerce, Irving, Texas, American Council of Life Insurers, Washington, D.C., and Financial Services Roundtable, Washington, D.C., and is a member of the Board of Directors of Teach for America Twin Cities, Minneapolis, Minnesota, and the Minneapolis Institute of Arts, Minneapolis, Minnesota. Mr. Bhojwani brings extensive expertise in risk management, finance and consumer product marketing to the Board, as well as experience as the Chairman and Chief Executive Officer of a large insurance company

Terrel Crews

Mr. Terrell K. Crews is Independent Director of Hormel Foods Corporation. Mr. Crews retired from Monsanto Company, an agricultural company, in 2009. He served as Executive Vice President, Chief Financial Officer and Vegetable Business CEO for Monsanto Company from 2007 to 2009, and Executive Vice President and Chief Financial Officer from 2000 to 2007. Mr. Crews is a member of the Board of Directors of Archer-Daniels-Midland Company, Chicago, Illinois, WestRock Company, Richmond, Virginia, and Junior Achievement of Greater St. Louis, Chesterfield, Missouri, and the Board of Trustees of Freed-Hardeman University, Henderson, Tennessee. Mr. Crews brings extensive expertise in finance and related functions to the Board, as well as significant knowledge of corporate development, agri-business and international operations.

Glenn Forbes

Dr. Glenn S. Forbes, M.D., is an Independent Director of Hormel Foods Corporation since September 24, 2011. Dr. Forbes is retired Executive Board Chair, past CEO Mayo Clinic-Rochester, and Emeritus Physician, Mayo Clinic, having retired in 2012. He was Medical Director for Diversified Business Activities for Medical Imaging Services at Mayo Clinic from 2010 to 2012, Medical Director for State Government Affairs and Public Relations at Mayo Clinic from 2009 to 2010, and Chief Executive Officer, Mayo Clinic-Rochester from 2006 to 2009. Dr. Forbes was Professor of Radiology, Mayo Clinic College of Medicine from 1990 to 2012, and Consultant in the Department of Diagnostic Radiology at Mayo Clinic from 1977 to 2012. He was a member of the Board of Trustees, Mayo Clinic from 2006 to 2009, and the Board of Governors, Mayo Clinic from 2003 to 2009, and Chair of the Executive Board, Mayo Clinic-Rochester from 2006 to 2009. He is Chair of the Board of Directors of the American Board of Radiology Foundation, Tucson, Arizona. Dr. Forbes brings executive leadership experience with a large Minnesota-based health care institution and extensive public policy and corporate governance expertise to the Board.

Stephen Lacy

Mr. Stephen M. Lacy is an Independent Director of Hormel Foods Corporation since September 24, 2011. Mr. Lacy is Chairman of the Board, President and Chief Executive Officer of Meredith Corporation, a media and marketing company, a position he has held since 2010. He served Meredith Corporation as President and Chief Executive Officer starting in 2006, President and Chief Operating Officer starting in 2004, President, Publishing Group, and President, Interactive and Integrated Marketing Group, starting in 2000, and Chief Financial Officer starting in 1998. Mr. Lacy was President, from 1995 to 1997, and Chief Financial Officer, from 1992 to 1995, of Johnson & Higgins, an insurance brokerage firm, and General Manager, from 1990 to 1992, and Chief Financial Officer, from 1988 to 1990, of Commtron Corporation, a distributor of video cassettes and consumer electronics equipment. He is a member of the Board of Directors of Meredith Corporation, Des Moines, Iowa, and Great Western Bancorp, Inc., Sioux Falls, South Dakota. Mr. Lacy brings extensive expertise in finance and consumer product marketing to the Board, as well as ongoing experience as the active Chief Executive Officer of a publicly held company whose stock is traded on the NYSE.

Elsa Murano

Dr. Elsa A. Murano, Ph.D., is Independent Director of Hormel Foods Corporation. Dr. Murano has served Texas A&M University as Director of the Norman Borlaug Institute for International Agriculture since October 2014, Professor, Department of Animal Science, since 2001, and President Emerita since 2009. She was Interim Director of the Norman Borlaug Institute for International Agriculture from 2012 to 2014, President of Texas A&M University from 2008 to 2009, and Vice Chancellor and Dean of Agriculture, Director of the Texas Agricultural Experiment Station, from 2005 to 2007. Dr. Murano was Undersecretary for Food Safety, U.S. Department of Agriculture from 2001 to 2004. Dr. Murano brings preeminent food safety expertise and significant experience in agri-business and regulatory affairs to the Board.

Robert Nakasone

Mr. Robert C. Nakasone is Independent Director of Hormel Foods Corporation. Mr. Nakasone is Chief Executive Officer of NAK Enterprises, a family-owned investment and consulting business he has led since 2000. Mr. Nakasone was Chief Executive Officer, Toys “R” Us, Inc. from 1998 to 1999, President and Chief Operating Officer from 1994 to 1997, Vice Chairman from 1989 to 1993, and President U.S. Toy Stores from 1985 to 1988. Prior to 1985, he served in multiple senior executive capacities with the Jewel Companies, Inc., including Group Vice President and General Manager of the Jewel Food Stores Midwest Region. Mr. Nakasone is a member of the Board of Trustees of Claremont McKenna College, Claremont, California, Cottage Health System, Santa Barbara, California, and the “V” Foundation For Cancer Research, Cary, North Carolina. He was a founding member of the Board of Directors of Staples, Inc., Framingham, Massachusetts and retired from that Board in 2015. Mr. Nakasone brings extensive expertise in retail food product marketing and international business development to the Board, as well as experience as the Chief Executive Officer of a large publicly held company.

Susan Nestegard

Ms. Susan K. Nestegard is Independent Director of Hormel Foods Corporation. Ms. Nestegard is former President, Global Healthcare Sector, of Ecolab Inc., a provider of cleaning and sanitizing products and services. She held that position from 2010 to 2012, and was Executive Vice President, Global Healthcare Sector, from 2008 to 2010, Senior Vice President, Research, Development and Engineering, and Chief Technical Officer, from 2003 to 2008. Ms. Nestegard served as interim Chief Executive Officer of Cambridge Major Laboratories, Inc., a pharmaceutical company, from March 2014 to August 2014. She also has over 20 years of experience with 3M Company in product development, research and development, and business unit management. Ms. Nestegard is a member of the Board of Directors of American Capital, Ltd., Bethesda, Maryland. Ms. Nestegard brings significant expertise in food safety, research and development, foodservice, and international business to the Board.

Dakota Pippins

Mr. Dakota A. Pippins is Independent Director of Hormel Foods Corporation. Mr. Pippins has been President and Chief Executive Officer, Pippins Strategies, LLC, a marketing consulting company, since 2003. He served as Director of Urban Think Tank and Director of Planning for the Vigilante Division of Leo Burnett, USA, an advertising agency, from 1998 to 2003, Director of Management Institute at New York University from 1990 to 1995, and has been an Adjunct Associate Professor at New York University since 1990. Prior experience includes various management positions at Citicorp, a banking company, General Foods Corporation, a food company, and Burrell Communications Group, a marketing company. Mr. Pippins brings to the Board in-depth expertise in consumer product marketing and corporate sustainability, developed both through professional work experience and academia.

Christopher Policinski

Mr. Christopher J. Policinski is an Independent Director of Hormel Foods Corp. since September 22, 2012. Mr. Policinski is President and Chief Executive Officer of Land O’Lakes, Inc., a member-owned cooperative which produces and markets dairy-based food products and agricultural supplies, a position he has held since 2005. He served Land O’Lakes, Inc. as Chief Operating Officer of the Dairy Foods business unit starting in 1999, and Vice President of Strategy and Business Development starting in 1997. Prior experience includes various management positions at Kraft General Foods Corporation, a food company, Bristol Myers Squibb, a biopharmaceutical and consumer goods company, and Pillsbury Company, a food company. Mr. Policinski is a member of the Board of Directors of Xcel Energy, Inc., Minneapolis, Minnesota, Grocery Manufacturers of America, Washington, D.C., National Council of Farmer Cooperatives, Washington, D.C., U. S. Global Leadership Campaign, Washington, D.C., and Catholic Relief Services, Baltimore, Maryland, the Board of Overseers of Carlson School of Management, Minneapolis, Minnesota, and the Board of Trustees of the University of Minnesota Foundation, Minneapolis, Minnesota. Mr. Policinski brings extensive expertise in agri-business, consumer product marketing and corporate development to the Board, as well as ongoing experience as the active Chief Executive Officer of a large Minnesota-based company operating globally in the food industry.

Sally Smith

Ms. Sally J. Smith is Independent Director of the Company. Ms. Smith is President and Chief Executive Officer of Buffalo Wild Wings, Inc., a restaurant company, a position she has held since 1996. She served Buffalo Wild Wings, Inc. as Chief Financial Officer from 1994 to 1996. Ms. Smith was Controller, from 1984 to 1987, and Chief Financial Officer, from 1987 to 1994, of Dahlberg, Inc., a manufacturer of hearing aids. She began her career with KPMG LLP, an international accounting and consulting firm. Ms. Smith is a member of the Board of Directors of Buffalo Wild Wings Inc., Minneapolis, Minnesota, Alerus Financial Corporation, Grand Forks, North Dakota, Allina Health System, Minneapolis, Minnesota, and the National Restaurant Association, Washington, D.C. Ms. Smith brings extensive expertise in finance, corporate development and the foodservice industry to the Board, as well as ongoing experience as the active Chief Executive Officer of a Minnesota-based publicly held company.

Steven White

Mr. Steven A. White is Independent Director of the Company. Mr. White is President, ComCast West Division, of ComCast Corporation, an entertainment and communications company, a position he has held since 2009. He served ComCast as Regional Senior Vice President, ComCast California from 2007 to 2009 and as Regional Senior Vice President, ComCast Mid-South Region from 2002 to 2007. Mr. White was Regional Vice President of AT&T Broadband, LLC from 2000 to 2002 and Regional Vice President of Telecommunications, Inc. from 1997 to 2000. Prior experience includes various marketing positions with Colgate-Palmolive Company from 1991 to 1997. He is a member of the Board of Directors of Comcast Foundation, Philadelphia, Pennsylvania, Children’s Hospital Colorado, Aurora, Colorado, and Denver Scholarship Foundation, Denver, Colorado. Mr. White brings significant expertise in digital commerce and consumer product marketing to the Board, as well as ongoing experience as the active President of a large business.