Vending

Hormel Foods reorganizes business operations

Image courtesy of Hormel Foods Corp.

August 9, 2022

Hormel Foods Corp. has announced a new operating model, aligning its businesses to be more agile, consumer and customer focused, according to a press release. Effective Oct. 31, 2022, the company is transitioning to three operating segments — retail, foodservice and international.

The largest operating segment – retail – will include its most iconic brands such as the recently acquired Planters and Corn Nuts, in addition to Spam, Skippy, Columbus, Applegate, Hormel Natural Choice, Jennie-O, Hormel Black Label, Herdez, Wholly and Justin's. The segment will be led by Deanna Brady, who currently oversees the company's refrigerated foods segment and will be executive vice president of retail.

The foodservice business will be led by Mark Ourada as group vice president of foodservice.

Swen Neufeldt will continue to lead the company's international business as group vice president, president of Hormel Foods International Corp.