Group Vice President, Hormel Foods International · Hormel Foods Corp (HRL)

Swen Neufeldt

FY2025 is the first fiscal year CompBrief holds for Swen Neufeldt 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.

Total disclosed compensation, FY2025

$1,583,080

Compensation figures as of the proxy filed December 17, 2025 (DEF 14A).

Swen Neufeldt 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$363,077
Bonus$0
Stock awards$475,051
Option awards$325,108
Non-equity incentive$276,738
Pension and deferred compensation$94,754
All other$48,353
Total$1,583,080

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. Open the filing on EDGAR.

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU5,565$132,617—
RSU5,375$128,094—
RSU4,865$115,934—
RSU4,607$109,778—
RSU3,519$83,870—
Option4,575—$42.43
Option22,000—$33.55
Option7,350—$46.84
Option20,475—$31.66
Option25,600—$33.55

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.

Change-in-control & termination

estimated payments Hormel Foods discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$609,900—$609,900
Disability—$1,134,190—$1,134,190
Change in control, no termination—$689,117—$689,117

Per the Potential Payments Upon Termination or Change in Control table in Hormel Foods Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

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 EttingerInterim 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 Neufeldt · this pageGroup Vice President, Hormel Foods International$1,583,080

The full Hormel Foods compensation record

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Compensation, the day it’s disclosed

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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.

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