Hormel Foods pays a modest slice of remuneration through salary, as compared to the broader industry. View our latest analysis for Hormel Foods . "We are proud to be recognized, once again, as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel Foods. Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. After only working at Hormel for 6 months I had received two raises, which boosted my original starting salary by about $10,000. NYSE:HRL CEO Compensation October 11th 2020 Hormel Foods Corporation’s Growth View detailed HRL description & address. In 2020, seven executives at Hormel Foods received on average a compensation package of $3.4M, a 12% decrease compared to previous year. See salaries by job title from real Hormel Foods Corp employees. Total compensation: $13,304,936 for the year ended October 25, 2020. According to our data, Hormel Foods Corporation has a market capitalization of US$22b, and pays its CEO total annual compensation worth US$6.4m. George Hormel Wiki: Salary, Married, Wedding, Spouse, Family George "Geordie" Hormel (July 17, 1928 – February 12, 2006) was the son of Jay Catherwood Hormel and grandson of George A. Hormel. This is the Hormel company profile. All content is posted anonymously by employees working at Hormel. This estimate is based upon 8 Hormel Account Executive salary report(s) provided by employees or estimated based upon statistical methods. James Snee Hormel Foods Corp. Chairman, president, CEO. Jeff Ettinger is Former Chairman/CEO at Hormel Foods Corp. See Jeff Ettinger's compensation, career history, education, & memberships. 353 reviews from Hormel Foods employees about Hormel Foods culture, salaries, benefits, work-life balance, management, job security, and more. At the time of writing, our data says that Hormel Foods Corporation has a market cap of US$25b, and reported total annual CEO compensation of US$8.3m for the year to October 2019. Salary: $966,360. In 2005, he was named director of retail marketing at Hormel’s former business in Los Angeles, Calif., and was promoted to vice president of retail marketing in 2007. According to our data, Hormel Foods Corporation has a market capitalization of US$22b, and paid its CEO total annual compensation worth US$6.4m over the year to October 2018. Hormel CEO Jim Snee joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the food supply chain is functioning amid the coronavirus outbreak. (One step behind Tollett was another low-paid CEO: Berkshire Hathaway’s Warren Buffet, who makes only $100,000 a year.) It should be a happy holiday season for Jim Snee.The president, chairman and CEO of Hormel Foods Corp. was paid $6.3 million in the company's 2017 fiscal year, according to … Average pay of disclosed executives at Hormel Foods James P. Snee , Chief Executive Officer, received $10.3M in total, which increased by 23% compared to 2019. This is the second year in a row the company has been named on the list. This is the second year in a row the company has been named on the list. Hormel Foods Corp. Jeffrey Ettinger, chairman, president, CEO. … While we always look at total compensation first, we note that the salary component is less, at US$933k. According to Forbes' 2005 list of Executive Pay, Joel W Johnson, the CEO of Hormel Foods (HRL) was paid $4.6 mil in total compensation. Hormel Foods employees earn $50,000 annually on average, or $24 per hour, which is 28% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at Hormel Foods is an Account Executive at $77,000 annually while the lowest paying job at Hormel Foods is an Administrative Assistant at $32,000 annually. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. Bonus: $300 Hormel's CEO sees salary, bonus climb . How Does Jim Snee's Compensation Compare With Similar Sized Companies? This is the Hormel company profile. The typical Hormel Account Executive salary is $78,210. Salary: $1,000,220. Jeffrey Ettinger earned nearly $12.2 million in his final year as Hormel Foods Corp.’s CEO. Bonus: $300 We think total compensation is more important but we note that the CEO salary is lower, at US$883k. … We note that's an increase of 31% above last year. This is the second year in a row the company has been named on the list. Joel W Johnson Total Compensation $12.06 mil (#122) 5-Year Compensation Total $28.28 mil Joel W Johnson has been CEO of Hormel Foods for 13 years.Mr. A typical brand consultant salary at Hormel Foods is $89,213 per year. Hormel Foods Corp. said James Snee will become chief executive on Oct. 31 as Jeffrey Ettinger retires as CEO but remains chairman. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. During the last fiscal year, Hormel’s stock rose 26.1 percent, and during his time as CEO, Hormel’s stock has a total return of 236 percent, or a total annualized return of 16.1 percent. Account Executive salaries at Hormel can range from $72,288 - $89,611. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across more than 80 countries worldwide. Glassdoor gives you an inside look at what it's like to work at Hormel, including salaries, reviews, office photos, and more. While the average employee salary at Hormel Foods is $46,927, there is a big variation in pay depending on the role. Joel Johnson can afford to do plenty of holiday shopping this year. Glassdoor gives you an inside look at what it's like to work at Hormel, including salaries, reviews, office photos, and more. All content is posted anonymously by employees working at Hormel. Hormel Foods Corp.’s top employees all saw salary increases in fiscal 2016. The aim of all this is to consider the appropriateness of CEO pay levels. 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