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The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Hormel Foods (HRL) investor relations material
Hormel Foods Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Proxy Filing summary17 Dec, 2025
Executive summary
The 2026 Annual Meeting will be held in person on January 27, 2026, in Austin, Minnesota, with a record date of November 28, 2025.
Four main proposals will be voted on: election of 12 directors, ratification of Ernst & Young LLP as auditor, advisory approval of executive compensation, and approval of the 2026 Equity and Incentive Compensation Plan.
Shareholders can vote by mail, phone, or online, and must provide proof of ownership for meeting admission.
Voting matters and shareholder proposals
Proposals include electing 12 directors, ratifying the auditor, approving executive compensation (say-on-pay), and approving the 2026 Equity and Incentive Compensation Plan.
Board recommends voting FOR all proposals; only the auditor ratification allows broker discretionary voting.
Shareholder proposals for the 2027 meeting must be submitted by August 19, 2026.
Board of directors and corporate governance
Board consists of 12 directors, with a mix of tenures and backgrounds; 9 are independent.
Board leadership is separated: an independent Chairman (Newlands) and an Interim CEO (Ettinger).
Board committees (Audit, Compensation, Governance) are composed solely of independent directors.
Annual self-evaluations, strategic planning retreats, and stock ownership guidelines are in place.
Insider trading, stock pledging, and hedging by directors and officers are prohibited.
Ghingo's relocation and severance rationale
Justify 2026 Equity Plan's share increase and overhang
Explain pay-for-performance given negative TSR
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Next Hormel Foods earnings date
Q1 202626 Feb, 2026
Next Hormel Foods earnings date
Q1 202626 Feb, 2026
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Frequently asked questions
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company offers bacon line of products; lunchmeats; pepperoni; cured pork bellies; cooked hams; and specialty meat items, such as Swiss cheese curl snacks. It also provides processed meats, such as cooked chicken products; cooked beef products for barbecue grilling; and sliced meats for sandwiches. In addition, the company offers consumer nut products comprising trail mixes featuring a variety of nuts and other ingredients including dried fruits such as raisins or cranberries, peanuts, chocolate chips, coconut flakes and sea salt; snack mixes of roasted nuts in a variety of flavors including BBQ and cinnamon sugar flavored almonds; single ingredient trail mixes consisting of nuts and dried fruits such as raisins or cranberries; candied nuts products including whole cashews in a wax shell or roasted cashews coated in chocolate or caramel.
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