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Hormel Foods CEO Jeffrey M. Ettinger to retire

Jeffrey M EttingerHormel Foods Corporation announced that Jeffrey M. Ettinger will retire as chief executive officer on October 30, 2016.
Mr. Ettinger will continue to serve as Hormel Foods chairman of the board.

Mr. Ettinger served as chairman of the board, president and chief executive officer from November 2006 to October 2015.

Mr. Ettinger joined Hormel Foods in 1989 and has served in a variety of roles, including senior attorney, product manager for Hormel chili products and treasurer.

In 1999, he was named president of Jennie-O Turkey Store — the largest subsidiary of Hormel Foods, based in Willmar, Minn. He was appointed president of Hormel Foods in 2004 and CEO effective January 1, 2006.

Mr. Ettinger has served on the Hormel Foods Board of Directors since 2004, and currently serves on the boards of The Toro Company, Ecolab, North American Meat Institute, Grocery Manufacturers Association, The Hormel Foundation, The Hormel Institute and the Minnesota Business Partnership.

The Board of Directors elected James P. Snee to be the company's next chief executive officer from October 31, 2016.

Mr. Snee served as president and chief operating officer since October 2015. In that role, he led all of the company’s business segments and global operations including Grocery Products, Refrigerated Foods, Specialty Foods, Jennie-O Turkey Store and International & Other.

Mr. Snee joined Hormel Foods in 1989 in the foodservice division and served in various positions within the group before being named manager of inventory and distribution for the Refrigerated Foods segment in 1995.

He was promoted to foodservice area manager and foodservice regional sales manager in 1996 and 1998, respectively.

Mr. Snee was named director of purchasing in 2006 and vice president of affiliated business units in 2008. He was named vice president of Hormel Foods and senior vice president of Hormel Foods International Corporation at the end of fiscal year 2011.

Mr. Snee advanced to group vice president of Hormel Foods and president of Hormel Foods International Corporation in October 2012.




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