Hormel Foods Divests Whole Turkey Division
Hormel Foods has announced a strategic move to sell its whole-bird turkey business to Life-Science Innovations (LSI) as part of its efforts to refine its...
Tag : Hormel Foods
Hormel Foods Embraces Protein Trend While Planning Portfolio Streamlining
As Hormel Foods embraces the protein trend to bolster its revenues and profits, the U.S. retail and foodservice sectors are signaling potential further adjustments to...
Hormel Foods to Eliminate 250 Positions as Part of Restructuring Efforts
Hormel Foods plans to eliminate 250 positions as part of a corporate restructuring process, which will involve a combination of voluntary early retirements and layoffs....
Hormel Foods to Divest Justin’s Brand
Hormel Foods is strategically spinning off its Justin’s brand of nut butters and chocolate snacks through a partnership with Forward Consumer Partners. This transaction, anticipated...
Hormel Foods Appoints Interim CEO, Permanent Leader Yet to Be Named
Hormel Foods recently appointed Jeffrey Ettinger, former CEO and board member, as the US group’s interim chief executive. Notably, Hormel announced that it will take...
Hormel Foods CEO James Snee to Step Down at Fiscal Year-End
Jim Snee, the chairman, president, and CEO of Hormel Foods, will step down from his role by the end of the company’s financial year. Having...