Leadership & Pay ·
Hormel Foods Corporation announced that Jeffrey M. Ettinger will be appointed Interim CEO and John F. Ghingo will be…
HRLHormel Foods Corp
Hormel Foods Corporation announced that Jeffrey M. Ettinger will be appointed Interim CEO and John F. Ghingo will be appointed President, effective July 14, 2025, following the upcoming retirement of CEO James P. Snee. The appointments include compensation agreements featuring a $1.2 million annual base salary and $7.2 million one-time equity grant for Ettinger, and a $730,000 annual base salary and $3.2 million annual long-term incentive target for Ghingo.