Hormel Foods Management
Management criteria checks 4/4
Hormel Foods' CEO is Jim Snee, appointed in Oct 2015, has a tenure of 9.17 years. total yearly compensation is $8.11M, comprised of 12.9% salary and 87.1% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $11.85M. The average tenure of the management team and the board of directors is 2.9 years and 10.4 years respectively.
Key information
Jim Snee
Chief executive officer
US$8.1m
Total compensation
| CEO salary percentage | 12.9% |
| CEO tenure | 9.2yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.9yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.29
Dec 13
Hormel Foods Corporation (NYSE:HRL) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Dec 07Hormel Foods: Bears Strike Yet Another Blow
Dec 04Hormel Foods' (NYSE:HRL) Upcoming Dividend Will Be Larger Than Last Year's
Nov 29Sentiment Still Eluding Hormel Foods Corporation (NYSE:HRL)
Nov 17Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
Oct 11Hormel Foods: A Former Darling Has Fallen Out Of Favor
Sep 27Hormel Foods' (NYSE:HRL) Dividend Will Be $0.2825
Sep 27Hormel Foods' Q3 Earnings Cook, But Revenue Misses The Plate
Sep 05An Intrinsic Calculation For Hormel Foods Corporation (NYSE:HRL) Suggests It's 29% Undervalued
Aug 17Hormel Foods: How Good Is The Dividend Profile, And Is It A Good Buy Now?
Aug 16Hormel Foods Corporation's (NYSE:HRL) Popularity With Investors Is Clear
Jul 29Hormel Foods: The Reasons We Are Not Starting A Position
Jun 11Hormel: You Are Two-Thirds Of The Way There
Jun 05Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
May 24Is Hormel Foods (NYSE:HRL) A Risky Investment?
May 12Hormel Foods: A Wait And See Approach For This Dividend King
Apr 30Hormel: Hit The Fade And Look To Buy Below $25
Apr 22Hormel Foods Corporation (NYSE:HRL) Shares Could Be 31% Below Their Intrinsic Value Estimate
Apr 21Hormel Foods (NYSE:HRL) Will Pay A Dividend Of $0.2825
Apr 03The Reasons Hormel Foods Has Fallen Out Of Favor With Us
Mar 20Hormel: Mixed Outlook For This Dividend King
Mar 14Hormel Foods Corporation Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next
Mar 03Hormel: Peak Pessimism, Buy For A Trade And Then Hit The Fade
Feb 15Hormel: Discounted Dividend King With Historically High Yield
Feb 08Down 40%, 3.6%-Yielding Hormel Foods Has Become Very Attractive
Jan 15These 4 Measures Indicate That Hormel Foods (NYSE:HRL) Is Using Debt Reasonably Well
Jan 10Hormel: This Dividend King Is Getting Very Old
Jan 05Hormel Foods' (NYSE:HRL) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 22Hormel Is A Historic Buy, And So Are These 6%-Yielding Dividend Aristocrats
Dec 06Hormel Foods: Q4 Earnings Might Not Look Pretty
Nov 20Hormel Foods: Getting Closer To A Buy
Nov 13Hormel Foods Stock: Caution, Just Caution
Oct 11Hormel Feeds The Bears Some More
Aug 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 27 2024 | US$8m | US$1m | US$805m |
| Jul 28 2024 | n/a | n/a | US$781m |
| Apr 28 2024 | n/a | n/a | US$767m |
| Jan 28 2024 | n/a | n/a | US$795m |
| Oct 29 2023 | US$7m | US$1m | US$794m |
| Jul 30 2023 | n/a | n/a | US$878m |
| Apr 30 2023 | n/a | n/a | US$934m |
| Jan 29 2023 | n/a | n/a | US$978m |
| Oct 30 2022 | US$9m | US$1m | US$1b |
| Jul 31 2022 | n/a | n/a | US$1b |
| May 01 2022 | n/a | n/a | US$960m |
| Jan 30 2022 | n/a | n/a | US$926m |
| Oct 31 2021 | US$10m | US$1m | US$909m |
| Jul 25 2021 | n/a | n/a | US$861m |
| Apr 25 2021 | n/a | n/a | US$888m |
| Jan 24 2021 | n/a | n/a | US$887m |
| Oct 25 2020 | US$10m | US$966k | US$908m |
| Jul 26 2020 | n/a | n/a | US$929m |
| Apr 26 2020 | n/a | n/a | US$926m |
| Jan 26 2020 | n/a | n/a | US$980m |
| Oct 27 2019 | US$8m | US$933k | US$979m |
| Jul 28 2019 | n/a | n/a | US$985m |
| Apr 28 2019 | n/a | n/a | US$996m |
| Jan 27 2019 | n/a | n/a | US$950m |
| Oct 28 2018 | US$6m | US$883k | US$1b |
Compensation vs Market: Jim's total compensation ($USD8.11M) is below average for companies of similar size in the US market ($USD12.86M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Snee (57 yo)
9.2yrs
Tenure
US$8,112,809
Compensation
Mr. James P. Snee, also known as Jim, has been the Chief Executive Officer of Hormel Foods Corporation since October 31, 2016 and its President from October 26, 2015. Mr. Snee served as the Chief Operating...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.2yrs | US$8.11m | 0.068% $ 11.9m | |
| Executive VP & CFO | 2.9yrs | US$2.35m | 0.013% $ 2.2m | |
| Senior VP of External Affairs & General Counsel | less than a year | US$1.24m | 0.0050% $ 860.0k | |
| Senior Vice President of Research & Development and Quality Control | 9.8yrs | US$1.54m | 0.0098% $ 1.7m | |
| Senior VP & Chief Compliance Officer | 4.2yrs | no data | 0.0035% $ 601.6k | |
| Senior VP & Chief Communications Officer | less than a year | no data | 0.0016% $ 272.2k | |
| Vice President of Corporate Development | no data | no data | no data | |
| Senior Vice President of Human Resources | 2.2yrs | no data | 0.0051% $ 880.8k | |
| Group VP & Chief Marketing Officer of Hormel Foods Retail Business | 21.3yrs | no data | no data | |
| Group VP & President of Hormel Foods International | 8.2yrs | no data | 0.0076% $ 1.3m | |
| Senior Vice President of Brand Fuel | 1.4yrs | no data | no data | |
| Executive Vice President of Retail | less than a year | no data | 0.0047% $ 821.8k |
2.9yrs
Average Tenure
56yo
Average Age
Experienced Management: HRL's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.2yrs | US$8.11m | 0.068% $ 11.9m | |
| Independent Director | 13.3yrs | US$295.01k | 0.015% $ 2.6m | |
| Independent Director | 10.4yrs | US$314.47k | 0.013% $ 2.3m | |
| Independent Director | 12.3yrs | US$299.19k | 0.019% $ 3.3m | |
| Independent Lead Director | 6.1yrs | US$320.48k | 0.0060% $ 1.0m | |
| Independent Director | 10.4yrs | US$283.62k | 0.011% $ 1.9m | |
| Independent Director | 18.3yrs | US$265.01k | 0.017% $ 3.0m | |
| Independent Director | 10.4yrs | US$296.42k | 0.013% $ 2.3m | |
| Independent Director | less than a year | no data | 0.00046% $ 79.8k | |
| Independent Director | 1.8yrs | US$277.51k | 0.0017% $ 293.0k | |
| Independent Director | 5.1yrs | US$267.51k | 0.0037% $ 636.3k |
10.4yrs
Average Tenure
64yo
Average Age
Experienced Board: HRL's board of directors are seasoned and experienced ( 10.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hormel Foods Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Benjamin Theurer | Barclays |