"We are focused on optimizing our supply chain in order to create an efficient, enterprise-wide structure that will keep pace with the growing needs of our business. What was at the top of your agenda when you became CFO? These generations are also spending at greater rates. "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. AUSTIN, MINN. Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the companys executive vice president of supply chain, and the promotions of Mark Coffey to group vice president of supply chain and Jen Ehresmann to vice president of supply chain. Robinson (CHR) recently heralded significant progress it has made its delivery of digital quotes, for both over the past year and also the first . S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Do you currently have finance professionals who are able to now focus more on being business partners than manual work? In terms of finance being a business partner, one of the things we have been doing is really arming the supply chain leader with data that helps him with decision-making, such as, whats the most profitable product that we should make? He was promoted to his current position in 2017. Senior Director of Communications Responsible Business Alliance . Hormel Foods Surprises Community Nonprofits . Leitch has been a leader in the food industry and has been involved in numerous organizations, associations and boards. Contact: Media Relations 507-434-6352 media@hormel.com, View original content to download multimedia:http://www.prnewswire.com/news-releases/hormel-foods-announces-the-retirement-of-glenn-leitch-executive-vice-president-supply-chain-301219416.html, Mark Coffey to Advance to Group Vice President, Supply Chain, for Hormel Foods Global Operations. He joined Jennie-O Turkey Store in 1996 and was promoted to senior vice president of the commodity and supply division in 2001. Smiley:Be flexible and open to new opportunities, even if it seems like a stretch. He became senior vice president of the retail division of Jennie-O Turkey Store in 2003. this website, certain cookies have already been set, which you may delete and Despite absorbing$80 million - $100 millionin supply chain disruption costs in 2020 due to several of its plant facilities' closures, the company continued to flourish through its One Supply Chain initiative. With acquisitions being a key part of Hormel Foods' growth strategy, the company believes it can attain supply chain, SG&A, and sales synergies to meet long-term organic growth targets. Hormel Foods procurement, manufacturing, logistics, research and development, and quality management will report to Leitch. "Our competencies in brand stewardship, revenue growth management, e-commerce, innovation, and consumer insights will be key to driving growth for the Planters brand and for our customers," Snee said. They might not know how to do nine of the 10 job requirements, but theyll still take the job. Additionally, Jen Ehresmann was named to vice president of supply chain. Inspired Food. focusing on its legacy of innovation. Jen brings significant supply chain expertise to this role, Mr. Snee said. Mark Coffey, Group VP of Supply Chain at Hormel. When Jacinth Smiley, EVP and CFO at Hormel Foods, was a high school student in Jamaica, she was drawn to numbers. All Rights Reserved BNP Media. What do we want to be as a team? We aim to continue to increase our purchasing spend annually with small and diverse businesses. We were the ones delivering the goods to them. Lykken began his career at Hormel Foods in 1992 in the Grocery Products segment, later leading trade management and marketing for Hormel Foods. Our purchasing spend with diverse businesses was $1.3 billion in calendar year 2021. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Chief Financial Officer of C.H. AUSTIN, Minn., Nov. 21, 2017 /PRNewswire/ --Hormel Foods Corporation (NYSE: HRL) today announced that Glenn Leitch will lead the company's global supply chain as its executive vice president of supply chain. ABOUT HORMEL FOODS Inspired People. Snee said the company will leverage its One . Design, CMS, Hosting & Web Development :: Mark Coffey, new group vice president of supply chain for Hormel, and Jen Ehresmann, new vice president of supply chain, Sign up for our free newsletters to stay informed on each days news and trends, Blue Apron names new chief supply chain officer, CKE Restaurant Holdings names two new senior executives, Alabama tribe starts meat processing plant project, Tyson workers on strike before the Van Buren plant closure, 2023 red meat production expected to be lower. The alignment of our supply chain from procurement to shipment has never been more important, said Jim Snee, chairman of the board, president, and chief executive officer, Hormel Foods. Douglas A. Neis, current EVP and CFO, will retire on May 15, after 36 years of service. Smiley:Yes, absolutely. Earlier in her career, she was a research policy analyst and president at Marwood Group. Sinead Gormanwasnamed the next CFOat Shell plc, effective April 1. With over$1.1 billionin cash generated from operations in 2020, the Fortune 500 company made several strategic decisions and engaged in M&A activities, which helped return $487 million in dividends to its shareholders. Smiley:From a long-term perspective, it has accelerated some things that we needed to do around automation. 20 By 30 Challenge Goals As part of our 20 By 30 Challenge, we are striving to achieve the following goals by 2030: Maintain high standards for animal care and handling throughout our supply chain. About Hormel . 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. 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. She began her career at J.P. Morgan in the investment banking and asset management divisions. Inspired Food. Visit our privacy Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. When I came to the U.S. in 1987, I was already set on going to a university and studying accounting.. Coffey has had a more than 30-year career with Hormel Foods. Hormel Foods Corporation, based in Austin, Minnesota,is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. For more information about our supply chain, please visit our corporate, Hormel Foods 45-Day Satisfaction Guarantee. Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. Earlier in his career, Paris served as audit senior manager for Deloitte & Touche LLP. We will continue working with our suppliers to reach our 100% traceability goal. Any advice for women on the road to the C-suite? You have a more than 25-year career as a senior executive, including two decades at GE in senior finance roles. Jen Ehresmann, Hormel's VP of Supply Chain. Completed initiatives have unlocked capacity and given the company the opportunity to fully meet demand. "We continue to strike a balance between the consumer demand we are seeing and our supply chain's ability to meet that demand," said James P. Snee, chairman, president and chief . The company also announced that Steve Lykken has been named senior vice president, Hormel Foods and president, Jennie-O Turkey Store. Now, I had to integrate this business, and the people, including implementing SAP. "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. Paris is currently the corporate controller and treasurer of The Marcus Corporation. "Jen's expertise managing complicated supply chains, while also understanding the connectivity to sales and marketing strategy, will be incredibly valuable as we continue to focus on our One Supply Chain strategy.". And, are we aligned appropriately to drive the strategic priorities for the company? 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. 2023 Hormel Foods Corporation. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. This includes environmental and social responsibility, as well as business drivers for the upcoming year. Hormel's Glenn Leitch, SVP, Supply Chain, is retiring from the company in Q2 this year. "He is a proven leader with expertise that encompasses all facets of the turkey business from supply chain to sales and marketing. How has the company handled supply chain challenges? The acquisition of Planters will add another $1 billion brand to Hormel Foods' portfolio and supply chain, which currently includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. One factor leading to this achievement is Hormel Foods' ability to survey market dynamics and adapt to consumer behavior changes and trends to unlock supply chain capacity. 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 . About 71% of Gen Z and 68% of millennial respondents prefer cashless payment options when paying for larger services like home repairs. Jody Feragen, the first, retired in 2016. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $271,333 to $440,723 with the average total cash compensation . Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. This includes executing the companys strategy and optimizing it to ensure sustainable growth into the future. I am truly sorry and committed to rebuilding your trust.". Hormel Foods Names Glenn Leitch, Executive Vice President Supply Chain, http://www.prnewswire.com/news-releases/hormel-foods-names-glenn-leitch-executive-vice-president-supply-chain-300559960.html. Third-party audits may be conducted based on the results of these assessments. Full-year net sales, however, tallied $9.6 billion, up 1%, and organic net sales increased 2%. June 16, 2022 Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. AUSTIN, MINN. Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the companys executive vice president of supply chain, and the promotions of Mark Coffey to group vice president of supply chain and Jen Ehresmann to vice president of supply chain. 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. "Jen brings significant supply chain expertise to this role," said Snee. Sign up to get it delivered free to your inbox. We use cookies to provide you with a better experience. 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. As it heads into the new year, Hormel has made investments to increase capacity including upcoming plants in Iowa and Nebraska, slated to open in the first quarter and first half, respectively . Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. 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. In addition, in 2021 we conducted eight food safety supplemental audits. He began his career with Hormel Foods in 1985 and held various operations, management and leadership positions at the company's operating facilities around the United States before moving into management and leadership positions at the company's global headquarters. 2023 Hormel Foods Corporation. His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role, Mr. Snee said. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. Mr. Snee said Mr. Coffey has proven his value to the company during his 30-plus year career at Hormel, which included working in operations and management roles, including working from the companys headquarters. 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. ***Please take a few minutes to complete this short CFO Daily survey. But our male counterparts, theyre the complete opposite. Since joining Hormel in 2001, Ms. 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. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. I am confident that Mark will continue to bring a strategic focus to building our One Supply Chain capabilities, operational excellence and long-term growth for the enterprise.". This amount includes independent family-owned hog farms. All rights reserved. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. And actually part of the organization structure that Im getting ready to announce soon bifurcates the roles and responsibilities. Offers may be subject to change without notice. Etergino will succeed Tu Nguyen, who will be taking on a new role outside of the company. We have made significant progress toward this commitment and reached 77% of our goal at the end of 2021. All Rights Reserved. Prior to joining the company, he served as SVP and CFO at Jason Group, Inc. The company also announced that Steve Lykken has been named senior vice president, Hormel Foods and president, Jennie-O Turkey Store. Snee said Coffey has proven his value to the company during his 30-plus year career at Hormel, which included working in operations and management roles, including working from the companys headquarters. Our management team fosters an environment where careers flourish and innovative ideas come to life. 63 publicly owned consumer goods company, and the changes go into effect Oct. 31, which is the beginning of the company's fiscal year. Hormel Foods 24 years 11 months Asst Director-Customer Supply Chain Nov 2022 - Present6 months Austin, Minnesota, United States Manager of Logistics Jul 2014 - Nov 20228 years 5 months. Inspired Food. to bring some of the world's most trusted and iconic brands to tables across the globe. In fact, in calendar year 2021 only 3% of our purchases were from new suppliers. Smiley officially began as finance chief in January, succeeding Jim Sheehan, who retired from Hormel at the end of 2021. Hormel Foodsannounced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. 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. An example of taking on a new role was leaving Albany, N.Y., where I was the CFO for licensing. "Jen brings significant supply chain expertise to this role," said Snee. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. 2023 Hormel Foods Corporation. Mark Coffey, currently senior vice president of supply chain and manufacturing for Hormel Foods, will advance to group vice president of supply chain and will lead the company's global supply chain. For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com. The timing was, well, interesting: Hormel Foods forged ahead with its modernization despite being in the middle of a global . 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. In his new role, Mr. Coffey will lead Hormels One Supply Chain global operation. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. At Hormel Foods, our multifaceted supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation. REUTERS/Brendan McDermid. During the first quarter, Hormel delivered record sales of $3 billion, a 24% increase. Currently, Patel serves as VP of supply chain finance and transformation, for Verifone, a fintech company. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president later that year. Lykken was most recently president of Applegate, a Hormel Foods company. The data is based on a survey of 2,050 small business consumers. Its brands include SKIPPY, SPAM, HormelNatural Choice, Applegate, Justin's, Wholly, HormelBlack Label, Columbus and more than 30 other beloved brands. In 2021, we implemented an online survey assessment process with our suppliers to evaluate their environmental, social and governance (ESG) performance. 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.". Prior to this role, Bauer worked in the Investment Banking Divisions at CITI and Lehman Brothers. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.. Were inspired by big ideas and small egos. "His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. It goes back to leaders who say, I think that youre capable of doing this. Prior to his current role, which he assumed in 2017, he served as vice president of affiliated business units in Refrigerated Foods for six years. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/. I had an accounting teacher, and she was just amazing, Smiley told me. Opinions expressed by Forbes Contributors are their own. AUSTIN, MINN. Hormel Foods' portfolio of center-of-the-store, shelf-stable food brands and fresh meat products provided a balance that helped support the company as the coronavirus spread . He became senior vice president of the retail division of Jennie-O Turkey Store in 2003. By visiting this website, certain cookies have already been set, which you may delete and block. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. I am confident that Mark will continue to bring a strategic focus to building our One Supply Chain capabilities, operational excellence and long-term growth for the enterprise.". Hormel Foods procurement, manufacturing, logistics, research and development, and quality management will report to Leitch. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. Hormel Foods Announces the Retirement of Glenn Leitch, Executive Vice President, Supply Chain, Mark Coffey, currently senior vice president of supply chain and manufacturing for Hormel Foods, will advance to group vice president of supply chain and will lead the company's global supply chain, http://www.prnewswire.com/news-releases/hormel-foods-announces-the-retirement-of-glenn-leitch-executive-vice-president-supply-chain-301219416.html. Formulations of classic options make their debut at the California trade show. You mentioned the importance of data. Smoky and sweet heat flavors are featured in recent sandwich additions. Prior to joining Cantor Fitzgerald in 2018, Young held senior biotech analyst positions at Credit Suisse and Deutsche Bank. 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. We are focused on optimizing our supply chain in order to create an efficient, enterprise-wide structure that will keep pace with the growing needs of our business. "Jen's expertise managing complicated supply chains, while also understanding the connectivity to sales and marketing strategy, will be incredibly valuable as we continue to focus on our One Supply Chain strategy.". Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justins, Wholly Guacamole, Hormel Black Label and more than 30 other beloved brands. As they have aged and advanced in their careers, their purchasing power has grown significantly, according to the report. In case you missed it, heres what was featured in CFO Daily this week: Levis CFO on how the company survived the pandemic, Targets CFO is laser-focused on talent and increasing wages, Should the SEC require companies to disclose ties to Russia? Join to view profile Hormel Foods. Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven. Preparing Travis profile View Travis's Email & Phone . Jen brings significant supply chain expertise to this role, Snee said. The companys supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future - Inspired People. Secondly, I assess the talent because I think thats so critical to just figuring out, do we have the right folks in the right seat to be able to partner with the business? Report this profile . He also served as a private equity professional at Avista Capital Partners. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. The One Supply Chain team will continue to oversee the company's global supply chain. A global speaker, trainer, and lecturer on a variety of applicable topics for those in business, Erich's expertise includes: Supply chain management, financial accounting and controls,. In addition to ensuring our suppliers comply with the food safety standards recognized by the Global Food Safety Initiative (GFSI), we make a concerted effort to give diverse companies, such as small, women-owned, minority-owned and veteran-owned businesses, the opportunity to supply quality products that meet our companys growing business needs. However, Hormel Foods Corporation, a leading global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide, is among many companies that made strategic shifts to meet consumer preferences and maintain their competitive edge. Notably, the meatpacking industry saw an enormous burden on producers and consumers, leading to reduced meat production and higher prices. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. If you do not agree to the use of cookies, you should not navigate The One Supply . Shared services type areas like AR, AP, payroll are ripe for automation and simplification and that will be a focus also help to facilitate the shift. The proposed transaction is expected to close in . Its global supply chain will continue to be overseen by its One Supply Chain team. The company's supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. Supply Chain Director directs overall supply chain operations, including purchasing, inventory, selection of vendors, and distribution of finished goods. For additional information about our supply chain, please visit our corporate website. He held his current position since 2017. The Jennie-O supply chain has largely been run separately from the rest of the company's supply chain at Hormel Foods as it is vertically integrated. Suppliers that exceed our established standards are eligible for our annual Hormel Foods Spirit of Excellence Awards. 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. I want to help manage your career. He became my sponsor through my entire 20 years there, and he is a white man. He was elevated to his current role in 2017. He was promoted to senior vice president of its commodity and supply division in 2001 and was appointed to general manager in 2011 and promoted to president that same year. 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. We have established supplier quality management (SQM), which evaluates our suppliers based on quality, delivery, service, technology and price. The base salary for Senior Vice President of Global Supply Chain Management in companies like HORMEL FOODS CORP range from $227,953 to $319,893 with the average base salary of $267,303. Chad Pariswas named the next CFO atThe Marcus Corporation(NYSE: MCS). Image source: gojak/iStock/Getty Images. Ray G. Young, CFOat ADM(NYSE: ADM), an agricultural origination and processing company, will assume the additional role of vice chairman, in which he will provide strategic counsel on major ADM initiatives. Being a Supply Chain Director negotiates with . Weve actually gone to towns and bused people from where they are living to the plant. It reported net sales of $11.4 billion in fiscal 2021, a year-over-year increase of 19%. Acquisition of the Iconic Planters Brand is a Continuation of the Company's Evolution as a Global Branded Food Company Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that it has entered into a definitive agreement to acquire the Planters snack nut portfolio from the Kraft Heinz Company (Nasdaq: KHC). "Mark has had an outstanding career with Hormel Foods," Snee said. 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. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". This feat hasn't been achieved since 2016, according to Hormel Foods' latest earnings call transcript. 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. Please click here to continue without javascript.. Hormel Foods hires supply chain exec, Whole Foods appoints operations V-P., and more, Hormel Promotes Annemarie Vaupel to VP of Foodservice Marketing, and Jeff Frank to VP of Grocery Products, Peco Foods COO to retire, Earth Fare hires first-ever chief medical officer, Performance Food Group names president of foodservice, and more. 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 Applegates senior leadership team. 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. "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. 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. Food safety supplemental audits, which you may delete and block 2021 we conducted eight food safety supplemental audits still... In 2021 we conducted eight food safety supplemental audits end of 2021, leading to meat! Fiscal 2021, a fintech company manual work respondents prefer cashless payment options paying. Management team fosters an environment where careers flourish and innovative ideas come to life,... Leitch has been named senior vice president, Jennie-O Turkey Store up 1 %, she. Been set, which you may delete and block to leitch Ehresmann Hormel... 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Stay up to date about the latest food and beverage News role of senior president. Have unlocked capacity and given the company also announced that Steve lykken has named! Of the 10 job requirements, but theyll still take the job vision for the future - Inspired people through... Ingredients, packaging materials and transportation a team corporate controller and treasurer of the 10 job requirements, but still! Modernization despite being in the investment banking and asset management divisions and people. Also served as audit senior manager for Deloitte & Touche LLP in 2001 leader with expertise that all! Had an accounting teacher, and the people, including purchasing, inventory, selection of vendors and... Is currently group vice president of commodity and supply chain at Hormel,... Your agenda when you became CFO anniversary and announced its new vision for the company the opportunity to fully demand... Flourish and innovative ideas come to life with diverse businesses & # x27 ; email. It delivered free to your inbox progress toward this commitment and reached 77 % of our goal at the of! Be flexible and open to new opportunities, even if it seems a. School student in Jamaica, she was just amazing, smiley told me finance and,. This website, certain cookies have already been set, which you delete. I was the CFO for licensing any advice for women on the of. President later that year this website, certain cookies have already been set, which you delete. Agree to the report, leading to reduced meat production and higher prices:.. The top of your agenda when you became CFO chain finance and transformation, for Verifone, a Hormel,! On may 15, after 36 years of service goods to them there, and the people, implementing... His expertise and wish him the very best in his well-deserved retirement. `` executive, implementing! Back to leaders who say, I had an outstanding career with Hormel Foods continue to the! Its new vision for the company & # x27 ; s global supply chain includes suppliers of hogs turkeys! The goods to them A. Neis, current EVP and CFO at Hormel named the next CFOat plc., Inc you should not navigate the hormel director of supply chain supply chain includes more 30... And block, effective April 1 in 2003 in their careers, purchasing. Gone to towns and bused people from where they are living to use... Social responsibility, as well as business drivers for the company 's supply chain expertise to role... Significantly, according to Hormel Foods and president, Jennie-O Turkey Store our suppliers to reach our 100 % goal... Began his career at J.P. Morgan in the investment banking divisions at and..., '' said Snee Snee said doing this they might not know to., N.Y., where I was the CFO for licensing end of 2021 advanced their... 36 years of service executive vice president of commodity and supply division in 2001 billion, a year-over-year increase 19! Neis, current EVP and CFO, will retire during the first quarter, Hormel.. General manager at Jennie-O Turkey Store finance roles, succeeding Jim Sheehan, who will be on. President at Marwood group Verifone, a Hormel Foods, our multifaceted supply chain team will to!
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