All Rights Reserved. I want to help manage your career. He became my sponsor through my entire 20 years there, and he is a white man. Jen Ehresmann, Hormel's VP of Supply Chain. Prior to joining Cantor Fitzgerald in 2018, Young held senior biotech analyst positions at Credit Suisse and Deutsche Bank. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. The move is part of the companys plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. ABOUT HORMEL FOODS - Inspired People. Jacinth Smiley, EVP, CFO at Hormel Foods / Photo courtesy of Hormel Foods, The 5 best supplements for healthy aging, according to a longevity expert, Elon Musk says he learned a lot today after cancelling SpaceXs giant rocket launch at last minute. More than 30 production facilities and co-packing partners make up Hormels supply chain, which produces thousands of diverse products to customers across the globe. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. He became senior vice president of the retail division of Jennie-O Turkey Store in 2003. In addition, we work closely with our palm oil and South American beef suppliers to ensure they comply with these principles as well as additional requirements we have outlined. For additional information about our supply chain, please visit our corporate website. If suppliers are found to be noncompliant, appropriate action is taken up to and including termination. Since joining Hormel in 2001, Ehresmann worked in roles involving product exporting, management and marketing in addition to working as senior vice president of commodity and supply chain with Jennie-O Turkey Store. Smoky and sweet heat flavors are featured in recent sandwich additions. Hormel Foods values the long-standing relationships we have established with our suppliers. We will report additional information about this initiative in future reports. Organic sales increased 13% for the quarter. He was promoted to senior vice president of its commodity and supply division in 2001 and was named general manager in 2011 and promoted to president that same year. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for 12 years in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. AUSTIN, MINN. Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the company's executive vice president of supply chain, and the promotions of Mark Coffey to . Sinead is currently EVP of finance in Shells global Upstream business. Glenns expertise will be invaluable as we find ways to be more strategic, cost-effective and agile in preparing to meet the needs of todays changing marketplace.. Shes the companys second female CFO. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. (In June,Hormel acquiredthe Planters snacking portfolio from the Kraft Heinz Company.). Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. He is a 25-year veteran of Hormel Foods Corporation and was senior vice president of supply chain at Jennie-O Turkey Store prior to his appointment to Applegate's senior leadership team. In addition, to ensure compliance with our sourcing principles, Hormel Foods will require suppliers to assess plantations in its supply chain (through internal and external assessment teams) and submit reports and findings annually, which will be reviewed by the Hormel Foods Palm Oil Council. "Glenn's expertise has been invaluable as we have optimized our global supply chain to be more strategic, cost-effective and agile to meet the needs of today's changing marketplace," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. AUSTIN, Minnesota , January 30, 2014 ( press release ) - Hormel Foods Corporation (HRL), today announced the upcoming retirements of William F. Snyder, senior vice president - supply chain, David P. Juhlke, vice president of human resources, and Michael L. Devine, vice president of operations - grocery products. Our purchasing spend with diverse businesses was $1.3 billion in calendar year 2021. The work of this initiative improved production efficiencies, integrated new capacity, and leveraged strategic partnerships to increase production without compromising employee or food safety, according to Jim Snee, chairman of the board, president, and CEO of Hormel Foods. Jody Feragen, the first, retired in 2016. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. Our management team fosters an environment where careers flourish and innovative ideas come to life. Hormel Foods Announces the Strategic Merger of its Grocery Products and Specialty Foods, Merged segment to deliver revenue and cost synergies, Hormel Foods to Buy Deli Meat Maker Columbus, its Largest Acquisition, Hormel picks up a specialist in cured meats and millennial marketing for $850 million, California Transparency in Supply Chains Act of 2010, Hormel Foods 45-Day Satisfaction Guarantee. Our Board of Directors is critical to the growth and development of our employees, our consistent returns to shareholders and the long-term success of the company. She started her career as a civil engineer before embarking on a finance career when she joined Shell in 1999. AUSTIN, MINN. - Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the company's executive vice president of supply chain, and the promotions of Mark Coffey to. Solidifies Companys Plans to Modernize and Optimize Global Supply Chain. Hormel Foods procurement, manufacturing, logistics, research and development, and quality management will report to Leitch. How has the company handled supply chain challenges? He also previously served as chief accounting officer and treasurer of DoubleClick. In his new role, Mr. Coffey will lead Hormels One Supply Chain global operation. This feat hasn't been achieved since 2016, according to Hormel Foods' latest earnings call transcript. Inspired Food.. Earlier in his career, Paris served as audit senior manager for Deloitte & Touche LLP. We also meet with our top suppliers annually to evaluate their initiatives and review service metrics along with diverse business spend and sustainability. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of The 100 Best Corporate Citizens by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. He was elevated to his current role in 2017. A new study by Thryv Holdings, Inc. (Nasdaq: THRY) and Payments Dive found younger consumers are driving the trend of digital payments. Gross profit increased $89 million compared to last year, a 20% increase. Hormel Foods Corp., Austin, Minn. Glenn Leitch was appointed executive vice president of supply chain, responsible for managing procurement, manufacturing, logistics, research and development and quality management. Third, establishing our vision. By visiting this website, certain cookies have already been set, which you may delete and block. At Hormel Foods, our multifaceted supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation. For example, in 2020, company research showed that consumers became increasingly more loyal to the SPAM, Skippy, Jennie-O, Applegate, Columbus, and Hormel Black Label brands since consumers shifted to eating home-prepared meals due to Covid lockdowns and restrictions. View original content with multimedia:http://www.prnewswire.com/news-releases/hormel-foods-names-glenn-leitch-executive-vice-president-supply-chain-300559960.html. All Rights Reserved. Steve Lykken to Lead Jennie-O Turkey Store. Hormel Foods 8 years 8 months Retired Director of Finance - Supply Chain Jul 2022 - Present10 months Austin, Minnesota, United States Director of Finance - Supply Chain Mar 2018 - Jul. He became senior vice president of the retail division of Jennie-O Turkey Store in 2003. Vice President of Supply Chain @ Rise Baking Company. During his 18 years at Motorola, he was a part of six acquisitions and saw the companys name change from Motorola Home to Motorola Mobility, a Google Company, to ARRIS and in 2019 to CommScope. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly, Hormel Black Label, Columbus and more than 30 other beloved brands. AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ --Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. Jen Ehresmann Elevated to Vice President, Supply Chain AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. Image source: gojak/iStock/Getty Images. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. Prior to joining Apollo, he was CFO and treasurer of CM Finance Inc. Agarwal also held several senior roles at Blackstones real estate finance group and Capital Trust, Inc. Eric Bauerwas named EVP and CFO atSharps Compliance Corp.(Nasdaq: SMED), a waste management solutions provider. Glenn's expertise will be invaluable as we find ways to be more strategic, cost-effective and agile in preparing to meet the needs of today's changing marketplace.". The growth was driven by strength in refrigerated foods, Jennie-O Turkey Store, and the addition of the Planters snack nuts business, Smiley said in Tuesdays earnings call. Join to view profile Hormel Foods. Organic net sales were down 4% for the quarter. In his new role, Coffey will lead Hormels One Supply Chain global operation. During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. Robinson Worldwide, Inc. 2023 Hormel Foods Corporation. Coffey will assume leadership of the One Supply Chain organization, including continuing the mission of the strategic and competitively advantaged organization while optimizing it to deliver sustainable long-term growth. "One of our 20 by 30 challenge goals is our commitment to set a Science Based Target for the reduction of greenhouse-gas emissions by 2023. Our Board of Directors is critical to the growth and development of our employees, our consistent returns to shareholders and the long-term success of the company. Leitch is well known in the food industry and has been involved in numerous organizations, associations and boards during his time with the company. The company lives by its purpose statement Inspired People. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images). Hormel, headquartered in Austin, Minn., is a major processor and distributor of meat and other food products, with its goods sold in more than 80 countries. , certain cookies have already been set, which you may delete and block and development, quality. At Credit Suisse and Deutsche Bank continuing to browse the site you are agreeing our! And Supply Chain @ Rise Baking Company. ) flourish and innovative come. Turkey Store in 2003 website, certain cookies have already been set, you. Fosters an environment where careers flourish and innovative ideas come to life currently EVP of finance in Shells global business. 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