Hormel CEO Jim Snee joined Jim Cramer on "Mad Money" to discuss how the food producer delivered record results amid the pandemic. Hormel Foods Corp. said James Snee will become chief executive on Oct. 31 as Jeffrey Ettinger retires as CEO but remains chairman. The typical Hormel Account Executive salary is $78,210. A typical brand consultant salary at Hormel Foods is $89,213 per year. Average pay of disclosed executives at Hormel Foods James P. Snee , Chief Executive Officer, received $10.3M in total, which increased by 23% compared to 2019. NYSE:HRL CEO Compensation October 11th 2020 Hormel Foods Corporation’s Growth This is the second year in a row the company has been named on the list. All content is posted anonymously by employees working at Hormel. This is the kind of company that … At the time of writing, our data says that Hormel Foods Corporation has a market cap of US$25b, and reported total annual CEO compensation of US$8.3m for the year to October 2019. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across more than 80 countries worldwide. Bonus: $300 Total compensation: $13,005,596 for the year ended Oct. 31. Jeff Ettinger is Former Chairman/CEO at Hormel Foods Corp. See Jeff Ettinger's compensation, career history, education, & memberships. Hormel CEO Jim Snee joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the food supply chain is functioning amid the coronavirus outbreak. Hormel Foods Corp. Jeffrey Ettinger, chairman, president, CEO. According to our data, Hormel Foods Corporation has a market capitalization of US$22b, and pays its CEO total annual compensation worth US$6.4m. We think total compensation is more important but we note that the CEO salary is lower, at US$883k. Hormel Foods pays a modest slice of remuneration through salary, as compared to the broader industry. Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Frank began his career at Hormel in 1998 as a meat products sales representative, progressing eventually to the position of senior product manager in 2003. Total compensation: $13,304,936 for the year ended October 25, 2020. Hormel Foods Corp. had a record-setting fiscal year in 2013, and the company rewarded some of its top executives accordingly. George Hormel Wiki: Salary, Married, Wedding, Spouse, Family George "Geordie" Hormel (July 17, 1928 – February 12, 2006) was the son of Jay Catherwood Hormel and grandson of George A. Hormel. Hormel Foods employees earn $50,000 annually on average, or $24 per hour, which is 28% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at Hormel Foods is an Account Executive at $77,000 annually while the lowest paying job at Hormel Foods is an Administrative Assistant at $32,000 annually. While the average employee salary at Hormel Foods is $46,927, there is a big variation in pay depending on the role. See salaries by job title from real Hormel Foods Corp employees. This estimate is based upon 8 Hormel Account Executive salary report(s) provided by employees or estimated based upon statistical methods. All content is posted anonymously by employees working at Hormel. This is the second year in a row the company has been named on the list. We note that's an increase of 31% above last year. Bonus: $300 Joel Johnson can afford to do plenty of holiday shopping this year. In 2005, he was named director of retail marketing at Hormel’s former business in Los Angeles, Calif., and was promoted to vice president of retail marketing in 2007. Hormel's CEO sees salary, bonus climb . After only working at Hormel for 6 months I had received two raises, which boosted my original starting salary by about $10,000. … During the last fiscal year, Hormel’s stock rose 26.1 percent, and during his time as CEO, Hormel’s stock has a total return of 236 percent, or a total annualized return of 16.1 percent. Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. While we always look at total compensation first, we note that the salary component is less, at US$933k. Salary: $1,000,220. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. Salary: $966,360. This is the Hormel company profile. "We are proud to be recognized, once again, as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel … This is the Hormel company profile. 353 reviews from Hormel Foods employees about Hormel Foods culture, salaries, benefits, work-life balance, management, job security, and more. In 2020, seven executives at Hormel Foods received on average a compensation package of $3.4M, a 12% decrease compared to previous year. This is the second year in a row the company has been named on the list. It should be a happy holiday season for Jim Snee.The president, chairman and CEO of Hormel Foods Corp. was paid $6.3 million in the company's 2017 fiscal year, according to … Hormel Foods Once Again Recognized by Forbes on World's Best Employers List | Hormel Foods. View detailed HRL description & address. Learn how much Hormel Foods Corp pays its employees in Austin, Minnesota. It’s important to note that a slant towards non-salary compensation suggests that total pay is tied to the company’s performance. Glassdoor gives you an inside look at what it's like to work at Hormel, including salaries, reviews, office photos, and more. How Does Jim Snee's Compensation Compare With Similar Sized Companies? According to our data, Hormel Foods Corporation has a market capitalization of US$22b, and paid its CEO total annual compensation worth US$6.4m over the year to October 2018. James Snee Hormel Foods Corp. Chairman, president, CEO. The aim of all this is to consider the appropriateness of CEO pay levels. Hormel Foods Corp.’s top employees all saw salary increases in fiscal 2016. Company profile for Hormel Foods Corp. including key executives, insider trading, ownership, revenue and average growth rates. Account Executive salaries at Hormel can range from $72,288 - $89,611. View our latest analysis for Hormel Foods . The higher paying positions at Hormel Foods include brand consultant, industrial engineer, developer analyst, and account executive. Jeffrey Ettinger earned nearly $12.2 million in his final year as Hormel Foods Corp.’s CEO. According to our data, Hormel Foods Corporation has a market capitalization of US$22b, and paid its CEO total annual compensation worth US$6.4m over the year to October 2018. … Some of the big gainers on this year’s food & beverage list: Douglas Conant, Campbell Soup, +70 percent; Jeffrey Ettinger, Hormel Foods, +44 percent; A. (One step behind Tollett was another low-paid CEO: Berkshire Hathaway’s Warren Buffet, who makes only $100,000 a year.) Hormel Foods Corporation adalah perusahaan Amerika Serikat yang didirikan pada tahun 1891 di Austin, Minnesota, oleh George A. Hormel sebagai George A. Hormel & Company.Awalnya berfokus pada pengemasan dan penjualan ham (dagung paha babi), Spam, sosis, dan produk daging babi, ayam, daging sapi, dan domba lainnya kepada konsumen; pada 1980-an, Hormel mulai menawarkan lebih banyak … "We are proud to be recognized, once again, as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel Foods. Joel W Johnson Total Compensation $12.06 mil (#122) 5-Year Compensation Total $28.28 mil Joel W Johnson has been CEO of Hormel Foods for 13 years.Mr. Glassdoor gives you an inside look at what it's like to work at Hormel, including salaries, reviews, office photos, and more. According to Forbes' 2005 list of Executive Pay, Joel W Johnson, the CEO of Hormel Foods (HRL) was paid $4.6 mil in total compensation. "We are proud to be recognized, once again, as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel Foods.