Interim Chief Executive Officer and Board Member · Hormel Foods Corp (HRL)

Jeffrey Ettinger

FY2025 is the first fiscal year CompBrief holds for Jeffrey Ettinger as a named executive officer of Hormel Foods; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$6,428,699

2nd of 6 named executive officers at Hormel Foods by FY2025 total.

6 named officers on file for Hormel Foods, FY2025

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What this number hides

The filing gives the total. Hormel Foods’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed December 17, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Jeffrey Ettinger compensation by year

Hormel Foods Summary Compensation Table · the one fiscal year held
In US dollars, as Hormel Foods reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$323,077
Bonus$0
Stock awards$1,800,022
Option awards$3,825,000
Non-equity incentive$380,769
Pension and deferred compensation$35,012
All other$64,819
Total$6,428,699

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Hormel Foods Corp DEF 14A filed December 17, 2025, accession 0000048465-25-000074, and prior-year filings.

How this page was built: the Hormel Foods Corp filed document, accession 0000048465-25-000074. Every figure is read from that document and cited to the page and table it appears in. Filed December 17, 2025.

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU63,605$1,515,707—
RSU5,337$127,181—
Option750,000—$28.30

Per the Outstanding Equity Awards at Fiscal Year-End table in Hormel Foods Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed December 17, 2025)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-10-25Tax withholding—15,094$21.0657,230.46
2026-01-02Grant or award derivative—436,300$0.00436,300

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Hormel Foods’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
James SneeFormer President and Chief Executive Officer$7,395,224
Jeffrey Ettinger · this pageInterim Chief Executive Officer and Board Member$6,428,699
Jacinth SmileyFormer Executive Vice President and Chief Financial Officer$2,730,149
John GhingoPresident and Board Member$2,401,213
Colleen BatchelerSenior Vice President, External Affairs, General Counsel and Corporate Secretary$2,195,864
Swen NeufeldtGroup Vice President, Hormel Foods International$1,583,080

Board service

Hormel Foods board · FY2025
Director compensation in US dollars, as Hormel Foods reports it. Most recent year first; a dash means the company reported no figure in that column.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$55,000$160,003$0—$215,003

Each year as the company reported it in Hormel Foods's director compensation table. Totals are the company's own disclosed totals.

How this board is paid

Company policy: Hormel Foods pays directors a $100,000 cash retainer and $160,000 in equity. As stated in Hormel Foods's FY2025 proxy.

The full Hormel Foods compensation record

free company brief

This page is one person within Hormel Foods's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Hormel Foods proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Hormel Foods's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Hormel Foods's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Jeffrey Ettinger's compensation dossier