Jeffrey M. Ettinger was the CEO of Hormel Foods Corporation from 2006 to 2016. When he took the reins, he was already familiar with the company, having started his career there back in 1989. His rise through the ranks was...
Jeffrey M. Ettinger was the CEO of Hormel Foods Corporation from 2006 to 2016. When he took the reins, he was already familiar with the company, having started his career there back in 1989. His rise through the ranks was marked by various roles, including Vice President and President of Jennie-O Foods. Under his leadership, Hormel Foods experienced significant growth, which likely contributed to his impressive compensation packages, peaking at over $12 million in total earnings in 2016. Ettinger was known for his commitment to aligning executive pay with company performance, focusing on metrics like earnings per share. After stepping down as CEO, he remained on the board as Chairman until 2017. During his tenure, Ettinger demonstrated a strong focus on operational performance, contributing to a culture that prioritized profitability and shareholder value.