Jeffrey M Ettinger Net Worth is7.0 $Million
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Company Name: Hormel Foods Corporation / company logo

Hormel Foods Corporation is a food company based in southeastern Minnesota (Mower County), perhaps best known as the producer of SPAM luncheon meat. The company was founded as George A. Hormel & Company in Austin, Minnesota, U.S., by George A. Hormel in 1891. The company changed its name to Hormel Foods Corporation 102 years later in 1993. Hormel sells food under many brands, including the Chi-Chi's, Dinty Moore, Farmer John, Herdez, Jennie-O, Lloyd's, SPAM and Stagg brands, as well as under its own name. The company is listed on the Fortune 500.
George A. Hormel (born 1860 in Buffalo, New York) worked in a Chicago slaughterhouse before becoming a traveling wool and hide buyer. His travels took him to Austin and he decided to settle there, borrow $500, and open a meat business. Hormel handled the production side of the business and his partner, Albert Friedrich, handled the retail side. The two dissolved their partnership in 1891 so that Hormel could start a complete meat packing operation on his own. He opened George A. Hormel & Co. in the northeast part of Austin in an old creamery building on the Cedar River. To make ends meet in those early days, Hormel continued to trade in hides, eggs, wool, and poultry. Joining George in November 1891 was his youngest brother, Benjamin, age 14. By the end of 1891 Hormel employed six men and had slaughtered and sold 610 head of livestock. By 1893, the increased use of refrigerator cars had allowed many large meat packers to force smaller business under. Two additional Hormel brothers, Herman and John, joined the business that same year and together they processed 1,532 hogs, enough to stay in business. The remaining members of the Hormel family moved to Austin in 1895 and joined the growing business. George turned to full-time management in 1899 and turned his focus on increasing production.
In 1901, the plant was expanded and the business was incorporated. The first directors were A.L. Eberhart and the four Hormel broth

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Jeffrey M Ettinger Latest News

Hormel Foods Announces Chief Executive Officer Retirement And Appointment

Hormel Foods Corporation (NYSE:HRL) today announced that Jeffrey M. Ettinger will retire as chief executive officer on October 30, 2016. Ettinger will continue to serve as Hormel Foods chairman of the board. The Board of Directors elected James P.
Posted: September 5, 2016, 5:00 pm

Your Sitaxentan-Turbo Charge Helps Make The Whole Tenofovir Process So Exciting

Sweeney, MD, FACC Jeffrey T. Anderson, MD, FACC ... Creager, Maryland, FACC, FAHA; David DeMets, PhD; Steven Mirielle. Ettinger, Maryland, FACC; Robert Any. Guyton, MD, FACC; Judith Azines. Hochman, M . d ., FACC, FAHA; Paul H. Kushner, Doctor, FACC ...
Posted: August 13, 2017, 5:00 pm

Hormel Foods Names New President, COO

Snee was also appointed to the Board of Directors. Snee succeeds Jeffrey M. Ettinger, 57, who has served as president since 2004. Ettinger will continue to serve as the company’s chairman and chief executive officer. In his new role, Snee, 48 ...
Posted: October 25, 2015, 5:00 pm

Jeffrey M. Ettinger

Mr. Jeffrey M. Ettinger, also known as Jeff, served as the Chief Executive Officer of Hormel Foods Corporation from January 2006 to October 30, 2016. Mr. Ettinger served as the President of Hormel Foods Corporation from June 28, 2004 to October 25, 2015.
Posted: August 12, 2017, 3:25 am

Hormel Foods to Buy Applegate Farms for $775 Million

The deal was Hormel’s largest acquisition ever and signaled even more clearly the efforts of Jeffrey M. Ettinger, its chief executive, to diversify the company. It bought Skippy in 2013, and last year it added CytoSport, the maker of the Muscle Milk line ...
Posted: May 27, 2015, 8:36 am
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