James P. Snee has been the CEO of Hormel Foods Corporation since 2016. His journey with Hormel started back in 1989, working in various roles all the way up to president and COO before taking the helm as CEO. With...

Current Market Cap

$16.30B

Number of Employees

20K

Total Compensation

2019 - 2023

Trending down by -61.02% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 3.27% last year

Bonus

Down by -100.00% last year

Other

Down by -44.94% last year

Year

2023

Total Compensation

$1.17M

Salary

$1.03M

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive interests with shareholder value.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$134.50K

Board Justification

Other compensation includes contributions to retirement plans and perquisites.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023.

Performance Metrics

The performance metrics for 2023 included EBIT, Net Sales, and ESG initiatives.

SEC Filing

From December 20, 2023

James P. Snee

CEO of Hormel Foods

H

Education

Not specified

Field of Expertise

Business & Management - Business Management

Born

January 1, 1967 - 57 years ago

Is Founder?

No

Current Tenure

8 years 0 months (Oct 2016 - Present)

Previous Experience

Various positions in the Company since 1989, including President and Chief Operating Officer

View Holdings

Insider Holdings of James P. Snee

HRLRSG

$21.71M

-$3.40M (-13.54%)

Last Insider Trade

HRL

64,809 shares

HRL

Feb 3, 2023

Received