0000048465false00000484652025-01-282025-01-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 28, 2025

HORMEL FOODS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware1-240241-0319970
(State or Other Jurisdiction of
Incorporation)
(Commission File
Number)
(IRS Employer Identification Number)

1 Hormel Place, Austin, Minnesota
55912-3680
(Address of principal executive offices)(Zip Code)
 
(507) 437-5611
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock $0.01465 par valueHRLNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Section 5 – CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.07 Submission of Matters to a Vote of Security Holders

Hormel Foods Corporation (the Company) conducted its annual stockholders meeting on January 28, 2025.

At the annual meeting, 502,310,617 shares were represented (91.5 percent of the 549,012,922 shares outstanding and entitled to vote). Three items were considered at the meeting and the results of the voting were as follows:

1.Election of Directors: The nominees in the proxy statement were: Gary C. Bhojwani, Stephen M. Lacy, Elsa A. Murano, Ph.D., William A. Newlands, Christopher J. Policinski, Debbra L. Schoneman, Sally J. Smith, James P. Snee, Steven A. White, and Michael P. Zechmeister. The results were as follows:
DIRECTOR:
FOR
AGAINST

ABSTAIN
BROKER
NON-VOTE
Gary C. Bhojwani454,187,55611,523,902831,47935,767,680
Stephen M. Lacy437,725,56628,194,231623,14035,767,680
Elsa A. Murano, Ph.D.454,995,41510,617,581929,94135,767,680
William A. Newlands458,061,8847,832,467648,58635,767,680
Christopher J. Policinski455,581,65710,293,759667,52135,767,680
Debbra L. Schoneman460,830,4495,052,858659,63035,767,680
Sally J. Smith455,770,24910,156,733615,95535,767,680
James P. Snee453,908,74611,085,1341,549,05735,767,680
Steven A. White457,272,4948,656,885613,55835,767,680
Michael P. Zechmeister460,124,3835,717,241701,31335,767,680

2.    Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 26, 2025:

For489,497,156
Against12,343,421
Abstain470,040

3.    Advisory vote to approve the Company’s Named Executive Officer compensation as disclosed in the Company’s 2025 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 18, 2024):

For448,945,353
Against15,995,593
Abstain1,601,991
Broker Non-Vote35,767,680
2


SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


HORMEL FOODS CORPORATION
(Registrant)
Dated: January 31, 2025By/s/ JAMES P. SNEE
JAMES P. SNEE
Chairman of the Board, President and
Chief Executive Officer

3
v3.24.4
Document and Entity Information
Jan. 28, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jan. 28, 2025
Entity Registrant Name HORMEL FOODS CORPORATION
Entity Incorporation, State or Country Code DE
Entity File Number 1-2402
Entity Tax Identification Number 41-0319970
Entity Address, Address Line One 1 Hormel Place
Entity Address, City or Town Austin
Entity Address, State or Province MN
Entity Address, Postal Zip Code 55912-3680
City Area Code 507
Local Phone Number 437-5611
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock $0.01465 par value
Trading Symbol HRL
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0000048465
Amendment Flag false

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