Hormel Foods Corp
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Consumer Staples : Food Products | Mid Cap Blend
Company profile

Hormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through four segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market and health and also consists of nutrition products, including Muscle Milk protein products.; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; and International & Other, which includes Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$44.87
Day's Change
0.90 (2.05%)
Bid
--
Ask
--
B/A Size
--
Day's High
44.99
Day's Low
43.89
Volume
(Heavy Day)
Volume:
6,809,027

10-day average volume:
2,525,067
6,809,027

Hormel Foods Appoints Pierre Lilly Senior Vice President and Chief Compliance Officer

8:00 am ET October 20, 2020 (PR Newswire) Print

Global branded food company Hormel Foods Corporation (NYSE:HRL) today announced the appointment of Pierre Lilly as senior vice president and chief compliance officer for the company's worldwide operations.

https://mma.prnewswire.com/media/1315917/Lilly_Pierre_02_2016.jpg

As chief compliance officer, Lilly will be responsible for overseeing compliance, risk and ethics within the organization, and ensuring compliance with laws, regulatory requirements, policies and procedures. Lilly will report to Jim Snee, chairman of the board, president and chief executive officer.

"Hormel Foods has long been committed to conducting our business with the highest level of integrity and in full compliance with the laws and regulations that govern our operations around the globe," Snee said. "Pierre's qualifications, along with his proven track record of leadership within Hormel Foods, make him the ideal person to take on this new role. Pierre has extensive experience leading internal audit and compliance, and I am confident that he will be successful in leading our comprehensive companywide compliance program."

Most recently, Lilly led the Hormel Foods internal audit function with oversight responsibilities for the evaluation of operational and financial processes and controls. Additionally, he has developed and led strategic compliance activities within the organization.

Lilly joined Hormel Foods in 2016 as director of internal audit with more than 25 years' experience in the areas of governance, risk and controls, having held various positions within the compliance field. Prior to Hormel Foods, Lilly held audit and compliance leadership positions with National Express Corporation and Navistar International, along with audit roles at several other Fortune 500 companies. He began his career in public accounting at Grant Thornton.

Lilly received his bachelor's degree in accounting from Langston University. He is a Certified Public Accountant as well as a Certified Fraud Examiner. He is also a member of the Institute of Internal Auditors and the American Institute of Certified Public Accountants.

About Hormel Foods -- Inspired People. Inspired Food.(TM)

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. Its brands include SKIPPY(R), SPAM(R), Hormel(R) Natural Choice(R), Applegate(R), Justin's(R), Wholly(R), Hormel(R) Black Label(R), Columbus(R) and more than 30 other beloved brands. 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. The company lives by its purpose statement -- Inspired People. Inspired Food.(TM) -- to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.

Contact: Rick Williamson507-434-6352media@hormel.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/hormel-foods-appoints-pierre-lilly-senior-vice-president-and-chief-compliance-officer-301155554.html

SOURCE Hormel Foods Corporation

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