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CompBrief
Fiscal year 2025

Jeffrey Ettinger — FY2025 total compensation $6,428,699

Jeffrey Ettinger is Interim Chief Executive Officer and Board Member of Hormel Foods Corp (HRL). The company reported total compensation of $6,428,699 for fiscal year 2025.

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Fiscal year 2025 compensation

Salary$323,077
Bonus$0
Stock awards$1,800,022
Option awards$3,825,000
Non-equity incentive plan$380,769
Pension and non-qualified deferred compensation$35,012
All other compensation$64,819
Total$6,428,699

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Hormel Foods Corp filed December 17, 2025, accession 0000048465-25-000074.

03

Peer context

Peer-group chief executive median$10,144,565
Difference from that median$-3,715,866
Percentile within the disclosed peer group20th
Peers with a disclosed figure5

Medians and percentiles are computed across the peer group Hormel Foods Corp discloses in its own compensation disclosure.

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The other named executive officers of Hormel Foods Corp

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

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Hormel Foods Corp compensation brief.

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The company page

Jeffrey Ettinger's compensation sits inside Hormel Foods Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Hormel Foods Corp (HRL) compensation brief