0001104659-12-065466.txt : 20120926 0001104659-12-065466.hdr.sgml : 20120926 20120926082055 ACCESSION NUMBER: 0001104659-12-065466 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120924 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120926 DATE AS OF CHANGE: 20120926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HORMEL FOODS CORP /DE/ CENTRAL INDEX KEY: 0000048465 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 410319970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02402 FILM NUMBER: 121110141 BUSINESS ADDRESS: STREET 1: 1 HORMEL PL CITY: AUSTIN STATE: MN ZIP: 55912-3680 BUSINESS PHONE: (507) 437-5611 MAIL ADDRESS: STREET 1: 1 HORMEL PLACE CITY: AUSTIN STATE: MN ZIP: 55912-3680 FORMER COMPANY: FORMER CONFORMED NAME: HORMEL GEO A & CO DATE OF NAME CHANGE: 19920703 8-K 1 a12-22102_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D. C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)   September 24, 2012

 

HORMEL FOODS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

1-2402

 

41-0319970

(State or Other
Jurisdiction of
Incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification
Number)

 

 

1 Hormel Place

Austin, MN  55912

(Address of Principal Executive Office)

 

Registrant’s telephone number, including area code:  (507) 437-5611

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 

Section 5 – CORPORATE GOVERNANCE AND MANAGEMENT

 

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On September 24, 2012, the Board of Directors of Hormel Foods Corporation (the Company) received notice of the upcoming retirements of Richard A. Bross and Ronald W. Fielding.  Mr. Bross will retire as group vice president of the Company and president of Hormel Foods International Corporation, effective December 31, 2012.  Mr. Fielding’s retirement as executive vice president of corporate strategy, planning and development for the Company is tentatively planned for January 27, 2013.

 

A press release announcing the retirements of Richard A Bross and Ronald W. Fielding, as well as executive advancements for the Company, is attached hereto as Exhibit 99.1.

 

 

Section 9 – FINANCIAL STATEMENTS AND EXHIBITS

 

Item 9.01 Financial Statements and Exhibits

 

(d)          Exhibits pursuant to Item 5.02

 

99.1                    Press release, dated September 26, 2012, announcing the retirements of Richard A. Bross and Ronald W. Fielding and executive advancements for the Company

 

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SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

HORMEL FOODS CORPORATION

 

      (Registrant)

 

 

 

 

Dated: September 26, 2012

By /s/ JEFFREY M. ETTINGER

 

JEFFREY M. ETTINGER

 

Chairman of the Board, President

 

and Chief Executive Officer

 

 

 

 

 

 

Dated: September 26, 2012

By /s/ JAMES N. SHEEHAN

 

JAMES N. SHEEHAN

 

Vice President and Controller

 

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EX-99.1 2 a12-22102_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

 

 

Contact:

Julie H. Craven

 

 

507-437-5345

 

 

media@hormel.com

 

 

 

Hormel Foods announces retirements, advancements

 

AUSTIN, Minn. (Sept. 26, 2012) — Hormel Foods Corporation (NYSE:HRL),  today announced the upcoming retirements of Richard A. Bross, group vice president of Hormel Foods, president of Hormel Foods International Corporation (HFIC), and Ronald W. Fielding, executive vice president of corporate strategy, planning and development.

 

“Thank you to Rick and Ron for their long-term careers at Hormel Foods. We greatly appreciate their leadership and wish them both the best in their retirements,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods.

 

The following advancements will take place as a result of the retirements:

 

James P. Snee, vice president of Hormel Foods, senior vice president of HFIC, will replace Bross in the position of group vice president of Hormel Foods, president of HFIC, effective Oct. 29.

 

Fred D. Halvin, director of corporate development, will assume responsibility for corporate development in the position of vice president, corporate development, effective Oct. 29.

 

“Congratulations to Jim and Fred on their advancements,” Ettinger said. “We look forward to their continued leadership.”

 

Bross
In 1973, Bross began his career at Hormel Foods in Grocery Products sales in the Pittsburgh, Pa., area. In 1981, he became a product marketing manager in the Grocery Products division at the Corporate Office (Austin, Minn.), where he held a variety of manager and director level positions. In 1995, he became the vice president of Grocery Products and in 1999 was promoted to vice president of Hormel Foods, president of HFIC. In 2001, he assumed his current position as group vice president of Hormel Foods, president of HFIC.

 

Fielding
Fielding joined Hormel Foods in 1994 as a meat products regional sales manager in Arlington, Texas. In 1995, he became the vice president of HFIC at the Corporate Office and was named president of HFIC the next year. In 1997, he moved to vice president of Hormel Foods, president of HFIC. Fielding was named group vice president, meat products, in 1999 and held several other group vice president positions until 2007 when he was promoted to executive vice president of Grocery Products, mergers and acquisitions. He moved to executive vice president of Grocery Products, corporate development, in 2008 and to his current position as executive vice president of corporate strategy, planning and development in 2010.

 

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Snee
Snee began his career at Hormel Foods in Hayward, Calif., in 1989 in the foodservice division where he held various sales positions before being named foodservice territory manager in San Francisco, Calif., in 1991. In 1992, Snee became an associate product manager in foodservice at the Corporate Office and moved to manager of inventory and distribution for Refrigerated Foods in 1995. He moved back to the foodservice division in Lebanon, N.J., in 1996 and held various manager positions before being named director of purchasing at the Corporate Office in 2006. In 2008, he was named vice president of affiliated business units, Refrigerated Foods, and in 2011 was promoted to vice president of Hormel Foods and senior vice president, HFIC.

 

Halvin
Halvin joined Hormel Foods in 1985 as an accountant at the Fremont (Neb.) Plant. In 1990, he moved to the Corporate Office where he held a variety of positions, including cost analyst, assistant controller, treasurer and director of investor relations. In 2007, Halvin was promoted to director of mergers, acquisitions and strategy, and he assumed his current position as the director of corporate development in 2008.

 

About Hormel Foods

 

Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace. The company is a member of the Standard & Poor’s (S&P) 500 Index, S&P Dividend Aristocrats for 2012, Maplecroft Climate Innovation Indexes, Global 1000 Sustainable Performance Leaders and was again named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the fourth year in a row. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com.

 

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