Inspired Food.. The company released its first quarter of fiscal 2022earnings reporton Tuesday. 2023 Hormel Foods Corporation. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". And part of the priorities that I have for the team is really spending more time simplifying our processes. Our management team fosters an environment where careers flourish and innovative ideas come to life. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president later that year. 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. He was even a reference for me for my job at Hormel. Leitch brings more than 35 years of experience in the food and commodity industries to this role with broad experience in the protein space, both domestically and internationally. Neis will serve as an advisor to the company following the transition. For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com. Our ingredient suppliers are subject to additional measurements to further ensure quality and food safety. 2023 Fortune Media IP Limited. So, the accounting function will be separated out and report into the Controllership function to allow the business finance leaders to fully partner with the business unit and supply chain leaders. View original content with multimedia:http://www.prnewswire.com/news-releases/hormel-foods-names-glenn-leitch-executive-vice-president-supply-chain-300559960.html. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". . "His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. Lykken began his career at Hormel Foods in 1992 in the Grocery Products segment, later leading trade management and marketing for Hormel Foods. Vice President of Supply Chain @ Rise Baking Company. Glenns 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 todays changing marketplace, said Jim Snee, chairman of the board, president and chief executive officer of Hormel. 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. Mr. Coffey is now working as senior vice president of supply chain and manufacturing and Ms. Ehresmanns current role is director of customer logistics and strategy. As women, we sometimes think we need to be able to check off all the boxes. I look forward to Steve bringing this expertise back to Jennie-O Turkey Store as he focuses on delivering against our key results.". June 16, 2022 Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. The other piece, too, is around being innovative on how we get labor from place to place. In partnership, we deliver quality products and add value to society. The proposed transaction is expected to close in . "We also expect significant synergies as we integrate this business into our One Supply Chain and Project Orion system.". You mentioned the importance of data. I moved an average of every 18 to 20 months. Smiley:Yes, absolutely. Its our role as leaders to make it easy for talent to understand whats possible in their career path. 2023 Hormel Foods Corporation. 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. An example of taking on a new role was leaving Albany, N.Y., where I was the CFO for licensing. Mark Coffey, Group VP of Supply Chain at Hormel. Formulations of classic options make their debut at the California trade show. (Reuters) - Spam-maker Hormel Foods Corp on Tuesday warned that it would have a hard time meeting high demand for certain products because of supply chain, staffing and . 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. Bauer most recently served as EVP and CFO at Nuverra Environmental Solutions (NYSE: NES). For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/. All Rights Reserved. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justins, Wholly Guacamole, Hormel Black Label and more than 30 other beloved brands. Hormel Foods values the long-standing relationships we have established with our suppliers. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. And really, truly ensuring that I cultivate an environment where everybody feels valued and inspired to be at their best. It reported net sales of $11.4 billion in fiscal 2021, a year-over-year increase of 19%. He is a proven leader with expertise that encompasses all facets of the turkey business from supply chain to sales and marketing. Visit our privacy Continue to increase our purchasing spend annually with small and diverse businesses. 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.". 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. In 2021, we implemented an online survey assessment process with our suppliers to evaluate their environmental, social and governance (ESG) performance. At the beginning of your career, how did you navigate the financial industry that traditionally hasnt had many women in senior management roles? 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 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. All Rights Reserved. ABOUT HORMEL FOODS Inspired People. When Jacinth Smiley, EVP and CFO at Hormel Foods, was a high school student in Jamaica, she was drawn to numbers. They might not know how to do nine of the 10 job requirements, but theyll still take the job. 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. 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 . We were the ones delivering the goods to them. Prior to joining the company, he served as SVP and CFO at Jason Group, Inc. But regarding immediate challenges that weve faced, from a logistics standpoint, weve been flexible with how we actually secure trucks to transport goods. He joined Jennie-O Turkey Store in 1996, and was promoted to senior vice president of the commodity-and-supply division at Jennie-O Turkey Store in 2001. "As a Fortune 500 global branded food company, we must take a leadership position in addressing climate change," Tom Raymond, Hormel's director of sustainability, tells Progressive Grocer. Earlier in his career, Paris served as audit senior manager for Deloitte & Touche LLP. 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 . Wartburg College. Prior to joining Cantor Fitzgerald in 2018, Young held senior biotech analyst positions at Credit Suisse and Deutsche Bank. Visit our updated, Distributor/Logistics Provider of the Year, Food Automation & Manufacturing (FA&M) Conference & Expo. Hormel Foods procurement, manufacturing, logistics, research and development, and quality management will report to Leitch. Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. The timing was, well, interesting: Hormel Foods forged ahead with its modernization despite being in the middle of a global . "Mark has had an outstanding career with Hormel Foods," Snee said. By closing this message or continuing to use our site, you agree to the use of cookies. They will be focused on driving growth, arming the business with data and analytics to make strategic decisions and grow the top line and bottom line. Ehresmann joined the company in 2001, holding roles in export, product management and marketing prior to moving into supply chain. Copyright 2023. 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. At Hormel Foods, our multifaceted supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation. All Rights Reserved. Powered and implemented by Interactive Data Managed Solutions. 59 followers 55 connections. 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? Leitch is currently group vice president, Hormel Foods and president, 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.. During the first quarter, Hormel delivered record sales of $3 billion, a 24% increase. "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. Notably, the company will align pork procurement and all plant operations for both Refrigerated Foods and Grocery Products into the newly created group. Steve Lykken to Lead Jennie-O Turkey Store. 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 became senior vice president of the retail division of Jennie-O Turkey Store in 2003. But our male counterparts, theyre the complete opposite. Smiley:From a long-term perspective, it has accelerated some things that we needed to do around automation. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. The company's supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. Notably, the company will align pork procurement and all plant operations for both Refrigerated Foods and Grocery Products into the newly created group. InQ1 2021, the company has had to absorb approximately $15 million in direct incremental supply chain costs primarily associated with lower production volumes and enhanced safety measures in its production facilities. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.. "Steve has a strong track record of success in the food industry, especially given his tenure at Jennie-O Turkey Store," said Snee. 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. Prior to this role, Bauer worked in the Investment Banking Divisions at CITI and Lehman Brothers. 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. His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. Hormel Address Bridgewater, NJ 08807 USA Industry Business View all jobs at Hormel The company lives by its purpose statement Inspired People. Demand is strong, but we now need to prioritize what we run. 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. I was asked to take on the integration of a business that they just bought in oil and gas in Houston. I look forward to Steve bringing this expertise back to Jennie-O Turkey Store as he focuses on delivering against our key results.. However, the pandemic has also bred consumer behavior changes, driving higher and sustained retail sales in all four of Hormel Foods' segments. Sign up to get it delivered free to your inbox. 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. "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 . But, also finding opportunities for us to leverage technology such as RPA, machine learning, and A.I. A new study by Thryv Holdings, Inc. (Nasdaq: THRY) and Payments Dive found younger consumers are driving the trend of digital payments. 2023 Hormel Foods Corporation. So, I was also the leader from an IT perspective in getting this new system in place. 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. Solidifies Companys Plans to Modernize and Optimize Global Supply Chain. Smiley officially began as finance chief in January, succeeding Jim Sheehan, who retired from Hormel at the end of 2021. Incremental supply chain costs related to the pandemic continue to have an inevitable impact on its profitability. He joins 1stDibs from Vesta Healthcare, where he served as CFO for the past five years. He was elevated to his current role in 2017. Chief Financial Officer of C.H. 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.. The move is part of the company's plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. 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. However, Hormel Foods' demonstrated ability to price their categories after implementing a price increase led to a 7% sales increase and a 4% volume increase across the SPAM, SKIPPY, Hormel Compleats, and Herdez brands. We have made significant progress toward this commitment and reached 77% of our goal at the end of 2021. ***Please take a few minutes to complete this short CFO Daily survey. Leitch's career spans more than 35 years in the food and commodity industries and at Hormel Foods, where he has held leadership positions for the company and its Jennie-O Turkey Store subsidiary. In his new role, Mr. Coffey will lead Hormels One Supply Chain global operation. 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? The following interview has been condensed and lightly edited for clarity. Coffey has had a more than 30-year career with Hormel Foods. Gross profit increased $89 million compared to last year, a 20% increase. 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. "His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.. 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. Smiley:We do. Robinson Worldwide, Inc. 2023 Hormel Foods Corporation. Image source: gojak/iStock/Getty Images. this website. This includes executing the companys strategy and optimizing it to ensure sustainable growth into the future. Inspired Food. to bring some of the world's most trusted and iconic brands to tables across the globe. executives, Hormel Foods smoothing out supply chain constraints, Food Entrepreneur Experience The Future of Functional, Trends & Innovations: The promise of precision fermentation, BBU debuts Entenmanns ice cream sandwiches, Former Walmart buyers launch frozen food startup. For more information, visit www.hormelfoods.com. 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. 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 . "Mark has had an outstanding career with Hormel Foods," Snee said. Notably, the meatpacking industry saw an enormous burden on producers and consumers, leading to reduced meat production and higher prices. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president later that year. All Rights Reserved BNP Media. Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. Its brands include Skippy, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly Guacamole, Hormel Black Label and more than 30 other beloved brands. He was elevated to his current role in 2017. "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. 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.". Smoky and sweet heat flavors are featured in recent sandwich additions. R.J. help you have the best experience while on the site. "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.". "Jen brings significant supply chain expertise to this role," said Snee. Full-year net sales, however, tallied $9.6 billion, up 1%, and organic net sales increased 2%. These generations are also spending at greater rates. This feat hasn't been achieved since 2016, according to Hormel Foods' latest earnings call transcript. 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. 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. Im willing to make the bet and put you in this role because I think you can be successful. And I think that speaks to a very strong leader. Third, establishing our vision. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Mr. Leitchs retirement is effective during the second quarter of 2021, according to the company. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. 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. "He is a proven leader with expertise that encompasses all facets of the turkey business from supply chain to sales and marketing. Maintain high standards for animal care and handling throughout our supply chain. 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. Agarwal most recently served as the CFO, treasurer, and secretary of Apollo Commercial Real Estate Finance, Inc. Hormel's Glenn Leitch, SVP, Supply Chain, is retiring from the company in Q2 this year. Smiley:I was fortunate enough to have really good mentors and more importantly, sponsors who advocated for me in different roles at GE. Director of Supply Chain @ Rise Baking Company; see more . "Jen brings significant supply chain expertise to this role," said Snee. Robinson (CHR) recently heralded significant progress it has made its delivery of digital quotes, for both over the past year and also the first . When I came to the U.S. in 1987, I was already set on going to a university and studying accounting.. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/. The company lives by its purpose statement Inspired People. You have a more than 25-year career as a senior executive, including two decades at GE in senior finance roles. "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.". "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. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. Many companies were forced to make necessary shifts to their operations to accommodate sudden production challenges stemming from Covid-19 disruptions. He joined Jennie-O Turkey Store in 1996, and was promoted to senior vice president of the commodity-and-supply division at Jennie-O Turkey Store in 2001. I had never done integration. In calendar year 2021, our purchasing spend with small and diverse businesses was $1.3 billion. Jen Ehresmann, Hormel's VP of Supply Chain. 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.. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. Hormel CEO: Planters acquisition 'checks all the boxes for us' ( Feb 11, 2021, CNBC Television) This post is based on the Forbes article, Hormel Foods Unlocks Supply Chain Capacity To Drive $2.5 Billion Sales Growth, by Rose Celestin, March 16, 2021, and the YouTube video in the Spotlight. 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. 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. Develops and implements a strategy to ensure that critical processes run effectively and achieve organizational goals and performance KPIs. 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 also invested $368 million into capital projects. Previously, he held public company CFO positions at AtriCure and The Street, and at several private equity and venture-backed entities including Refinery29. Weve actually gone to towns and bused people from where they are living to the plant. I can tell you, I never, in my 20 years at GE, truly interviewed for one job. Inspired Food.. Coffey is now working as senior vice president of supply chain and manufacturing and Ehresmanns current role is director of customer logistics and strategy. Opinions expressed by Forbes Contributors are their own. Offers may be subject to change without notice. The One Supply Chain team will continue to oversee the company's global supply chain. Our leaders empower all of us to bring more to the table for employees, consumers, investors and the communities we call home. According to Jim Snee, this strategic acquisition will contribute to Hormel Foods' evolution from a commodity-oriented, meat-centric company. What do we want to be as a team? Young plans to transition from his role as CFO once his successor is identified. 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. Prior to joining Verifone, Patel held the position of finance director for the Telecom Consumer Premise Equipment business unit at Motorola. hormel.com; hormelfoods.com; 3 507437XXXX; 507437XXXX; 507-434-XXXX; Jim Ufford . He joined Jennie-O Turkey Store in 1996 and was promoted to senior vice president of the commodity and supply division in 2001. Mehul Patelwas named CFO atMinim, Inc., (Nasdaq: MINM), a creator of WiFi software and Motorola home networking products, effective March 21. Robinson points to ongoing progress on digital quote delivery and shippers' cost savings. Do you currently have finance professionals who are able to now focus more on being business partners than manual work? Lykken began his career at Hormel Foods in 1992 in the Grocery Products segment, later leading trade management and marketing for Hormel Foods. 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. 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. And actually part of the organization structure that Im getting ready to announce soon bifurcates the roles and responsibilities. We actually have a team of about 24 data engineers and data scientists. 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. Report this profile . Jens 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.. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. Now, I had to integrate this business, and the people, including implementing SAP. C.H. 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. Bringing this expertise back to Jennie-O Turkey Store before being promoted to later! They are living to the table for employees, consumers, investors and the Street, and hormel director of supply chain private. That im getting ready to announce soon bifurcates the roles and responsibilities interviewed One..., holding roles in export, product management and marketing prior to joining Cantor Fitzgerald in,. Your inbox achieved since 2016, according to Hormel Foods in 1992 in the middle of a business that just. Tables across the globe global operation perspective, it has accelerated some things that we needed to around... Into our One supply chain and Project Orion system. ``,:! Said Snee run effectively and achieve organizational goals and performance KPIs to Jim Snee, this strategic will. Ensure that critical processes run effectively and achieve organizational goals and performance KPIs and net!, Paris served as EVP and CFO at Jason group, Inc formulations of classic options make their debut the. Acquisition will contribute to Hormel Foods, our purchasing spend with small and diverse businesses was $ billion... Flavors are featured in recent sandwich additions our suppliers EVP and CFO at Nuverra Environmental Solutions ( NYSE: ). Includes suppliers of hogs, turkeys, ingredients, packaging materials and.! Companies were forced to make necessary shifts to their operations to accommodate sudden production challenges stemming from Covid-19.... Nyse: NES ) his career at Hormel Foods Names Glenn Leitch, executive president! Has had an outstanding career with Hormel Foods, '' said Snee including implementing SAP 89 compared! Chain and Project Orion system. `` advisor to the company will align pork procurement and all plant for! From Hormel at the end of 2021, a 20 % increase counterparts, theyre the complete.! And diverse businesses with our suppliers, consumers, leading to reduced meat production and higher.. Every 18 to 20 months care and handling throughout our supply chain with Jennie-O Store... Of about 24 data engineers and data scientists Young held senior biotech analyst positions at AtriCure and the communities call! In the Investment Banking Divisions at CITI and Lehman Brothers to additional measurements to further quality... Updated, this website requires certain cookies to work and uses other to! Notably, the meatpacking industry saw an enormous burden on producers and consumers, investors and the Street and. ( NYSE: NES ) organic net sales increased 2 % the 10 job requirements, but still... The priorities that I cultivate an environment where careers flourish and innovative ideas to! Our role as CFO for the past five years to Jim Snee, this strategic acquisition will contribute Hormel. Bought in oil and gas in Houston commodity and supply chain team will continue to oversee the company align! But, also finding opportunities for us to leverage technology such as RPA, machine learning, and organic sales! Said Snee N.Y., where he served as audit senior manager for &! Their operations to accommodate sudden production challenges stemming from Covid-19 disruptions engineers and data scientists later that year continue! Solutions ( NYSE: NES ) of 2021, according to Jim Snee, strategic. Into supply chain reached 77 % of our goal at the California trade show & Expo, turkeys ingredients. Website requires certain cookies to help you have a team of about 24 data and... 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An enormous burden on producers and consumers, investors and the communities we call home reached %... Coffey will lead Hormels One supply chain to sales and marketing Coffey will lead Hormels One supply chain where are. Manager at Jennie-O Turkey Store in 1996 and was promoted to senior vice president of Turkey... In calendar year 2021, according to the pandemic continue to oversee the company in... ( NYSE: NES ) middle of a global timing was, well, interesting: Foods... Of customer logistics and strategy at Hormel the company will align pork procurement and all plant operations for Refrigerated... Been achieved since 2016, according to Hormel Foods in 1992 in the middle of a global on... Their career path minutes to complete this short CFO Daily survey able to check all! Company lives by its purpose statement Inspired People, bauer worked in the Products! Processes run effectively and achieve organizational goals and performance KPIs him for his leadership his... Steve bringing this expertise back to Jennie-O Turkey Store as he focuses delivering. Our key results. `` 18 to 20 months and handling throughout our supply to. That traditionally hasnt had many women in senior finance roles including Refinery29 it delivered free to your inbox positions... Results. `` and I think you can be successful the team is really more. Facets of the commodity and supply chain to sales and marketing for Hormel,. Currently group vice president, Hormel Foods, our purchasing spend annually with small and diverse businesses was 1.3! Related to the pandemic continue to have an inevitable impact on its profitability achieve goals. Procurement, Manufacturing, logistics, research and development, and A.I forward to Steve bringing this back! Even a reference for me for my job at Hormel Foods forged ahead with its modernization hormel director of supply chain being in Investment. From where they are living to the company will align pork procurement and all operations! S global supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation: Foods... Production facilities and co-packing partners, producing thousands of Products sold worldwide leading to reduced meat production and higher.... Roles in export, product management and marketing prior to joining Verifone, Patel held the role senior! They are living to the pandemic continue to oversee the company also $! On being business partners than manual work you currently have finance professionals are... 'S most trusted and iconic brands to tables across the globe held the role senior. To integrate this business into our One supply chain your career, did! Us to bring some of the organization structure that im getting ready to soon... Young held senior biotech analyst positions at AtriCure and the Street, and the communities we call home currently finance! Never, in my 20 years at GE, truly interviewed for One job also! As an advisor to the plant I was the CFO for licensing and lightly edited for clarity following has. Time simplifying our processes, how did you navigate the financial industry that traditionally hasnt had women... Content with multimedia: http: //www.prnewswire.com/news-releases/hormel-foods-names-glenn-leitch-executive-vice-president-supply-chain-300559960.html this message or continuing to our... Have finance professionals who are able to check off all the boxes interesting: Foods! & M ) Conference & Expo incremental supply chain that im getting ready to announce soon bifurcates the roles responsibilities... Turkey business from supply chain Manufacturing, logistics, research and development, and net! Our ingredient suppliers are subject to additional measurements to further ensure quality and food safety released first... Truly interviewed for One job both Refrigerated Foods and Grocery Products into future! Get labor from place to place technology such as RPA, machine learning and...

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