Along with a consumer pivot to e-commerce that drove e-commerce sales over 100%, Hormel Foods' strategic responses to these insights led to its overall market share growth in key categories and strong double-digit growth in its retail brands. Any advice for women on the road to the C-suite? Inspired Food. - focusing on its legacy of innovation. Sinead is currently EVP of finance in Shells global Upstream business. In addition, in 2021 we conducted eight food safety supplemental audits. Being a Supply Chain Director negotiates with . Ehresmann joined the company in 2001, holding roles in export, product management and marketing prior to moving into supply chain. He joined Jennie-O Turkey Store in 1996 and was promoted to senior vice president of the commodity and supply division in 2001. And part of the priorities that I have for the team is really spending more time simplifying our processes. I am truly sorry and committed to rebuilding your trust.". Hormel Foods 8 years 8 months Retired Director of Finance - Supply Chain Jul 2022 - Present10 months Austin, Minnesota, United States Director of Finance - Supply Chain Mar 2018 - Jul. So, I was also the leader from an IT perspective in getting this new system in place. But, also finding opportunities for us to leverage technology such as RPA, machine learning, and A.I. "Jen's expertise managing complicated supply chains, while also understanding the connectivity to sales and marketing strategy, will be incredibly valuable as we continue to focus on our One Supply Chain strategy.". Snee said Coffey has proven his value to the company during his 30-plus year career at Hormel, which included working in operations and management roles, including working from the companys headquarters. Design, CMS, Hosting & Web Development :: Mark Coffey, new group vice president of supply chain for Hormel, and Jen Ehresmann, new vice president of supply chain, Sign up for our free newsletters to stay informed on each days news and trends, Blue Apron names new chief supply chain officer, CKE Restaurant Holdings names two new senior executives, Alabama tribe starts meat processing plant project, Tyson workers on strike before the Van Buren plant closure, 2023 red meat production expected to be lower. Suppliers that exceed our established standards are eligible for our annual Hormel Foods Spirit of Excellence Awards. If suppliers are found to be noncompliant, appropriate action is taken up to and including termination. Hormel's Glenn Leitch, SVP, Supply Chain, is retiring from the company in Q2 this year. I want to help manage your career. He became my sponsor through my entire 20 years there, and he is a white man. Prior to joining Apollo, he was CFO and treasurer of CM Finance Inc. Agarwal also held several senior roles at Blackstones real estate finance group and Capital Trust, Inc. Eric Bauerwas named EVP and CFO atSharps Compliance Corp.(Nasdaq: SMED), a waste management solutions provider. Rising supply chain costs a key concern for C.P.G. He was elevated to his current role in 2017. Ehresmann is currently director of customer logistics and strategy at Hormel Foods. Smoky and sweet heat flavors are featured in recent sandwich additions. RMI Cobalt Refiner Supply Chain Due Diligence Standard . Inspired Food. to bring some of the world's most trusted and iconic brands to tables across the globe. this website, certain cookies have already been set, which you may delete and By visiting this website, certain cookies have already been set, which you may delete and block. He also previously served as chief accounting officer and treasurer of DoubleClick. These generations are also spending at greater rates. I had an accounting teacher, and she was just amazing, Smiley told me. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. I am confident that Mark will continue to bring a strategic focus to building our One Supply Chain capabilities, operational excellence and long-term growth for the enterprise.". We do have customers with the ability to pick up their goods, but they werent. His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. "Jen brings significant supply chain expertise to this role," said Snee. AUSTIN, MINN. - Hormel Foods Corp. has been hampered by supply chain constraints for much of the pandemic. In fact, in calendar year 2021 only 3% of our purchases were from new suppliers. Develops and implements a strategy to ensure that critical processes run effectively and achieve organizational goals and performance KPIs. At Hormel Foods, our multifaceted supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation. Formulations of classic options make their debut at the California trade show. Secondly, I assess the talent because I think thats so critical to just figuring out, do we have the right folks in the right seat to be able to partner with the business? Snee said the company will leverage its One . He is a proven leader with expertise that encompasses all facets of the turkey business from supply chain to sales and marketing. block. Since joining Hormel in 2001, Ehresmann worked in roles involving product exporting, management and marketing in addition to working as senior vice president of commodity and supply chain with Jennie-O Turkey Store. Current CFO Jessica Uhl will step down from her role on March 31, after five years as finance chief, and 17 years with the company. He was promoted to senior vice president of its commodity and supply division in 2001 and was named general manager in 2011 and promoted to president that same year. About Hormel . They might not know how to do nine of the 10 job requirements, but theyll still take the job. Lykken was most recently president of Applegate, a Hormel Foods company. Inspired Food. Hormel Foods procurement, manufacturing, logistics, research and development, and quality management will report to Leitch. Glenns expertise has been invaluable as we have optimized our global supply chain to be more strategic, cost-effective and agile to meet the needs of todays changing marketplace, said James P. Snee, chairman of the board, president and chief executive officer of Hormel. Its our role as leaders to make it easy for talent to understand whats possible in their career path. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. We report our internal results through a third party for our customers. Robinson (CHR) recently heralded significant progress it has made its delivery of digital quotes, for both over the past year and also the first . Shes the companys second female CFO. During his 18 years at Motorola, he was a part of six acquisitions and saw the companys name change from Motorola Home to Motorola Mobility, a Google Company, to ARRIS and in 2019 to CommScope. Agarwal most recently served as the CFO, treasurer, and secretary of Apollo Commercial Real Estate Finance, Inc. She began her career at J.P. Morgan in the investment banking and asset management divisions. Copyright 2023. Glenns expertise will be invaluable as we find ways to be more strategic, cost-effective and agile in preparing to meet the needs of todays changing marketplace.. It goes back to leaders who say, I think that youre capable of doing this. "One of our 20 by 30 challenge goals is our commitment to set a Science Based Target for the reduction of greenhouse-gas emissions by 2023. Paris is currently the corporate controller and treasurer of The Marcus Corporation. Chief Financial Officer of C.H. Hormel Foods Surprises Community Nonprofits . Despite absorbing$80 million - $100 millionin supply chain disruption costs in 2020 due to several of its plant facilities' closures, the company continued to flourish through its One Supply Chain initiative. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president later that year. Wartburg College. In 2021 alone, we recognized 61 suppliers for their performance. They will be focused on driving growth, arming the business with data and analytics to make strategic decisions and grow the top line and bottom line. For additional information about our supply chain, please visit our corporate website. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Columbus, Wholly guacamole, Hormel Black Label and more than 30 other beloved brands. C.H. Steve Lykken to Lead Jennie-O Turkey Store. Jen Ehresmann Elevated to Vice President, Supply Chain AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. As part of our commitment to supply chain sustainability management, we require all ingredient suppliers to have third-party food safety audits. Young joins Graphite Bio from Cantor Fitzgerald, where she served as senior biotech analyst and head of research. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. Previously, he held public company CFO positions at AtriCure and The Street, and at several private equity and venture-backed entities including Refinery29. In addition, we work closely with our palm oil and South American beef suppliers to ensure they comply with these principles as well as additional requirements we have outlined. According to theFederal Reserve Bank of Kansas City, plant capacity utilization and U.S. food consumption trends drastically changed, which called for wide-ranging production modifications to meet demands. If you do not agree to the use of cookies, you should not navigate The other piece, too, is around being innovative on how we get labor from place to place. 59 followers 55 connections. "During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. Hormel Foods Corporation is an equal opportunity employer. Now, I had to integrate this business, and the people, including implementing SAP. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/. By visiting this website, certain cookies have already been set, which you may delete and block. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. During the first quarter, Hormel delivered record sales of $3 billion, a 24% increase. AUSTIN, MINN. Hormel Foods' portfolio of center-of-the-store, shelf-stable food brands and fresh meat products provided a balance that helped support the company as the coronavirus spread . this website. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices The work of this initiative improved production efficiencies, integrated new capacity, and leveraged strategic partnerships to increase production without compromising employee or food safety, according to Jim Snee, chairman of the board, president, and CEO of Hormel Foods. He is a 25-year veteran of Hormel Foods Corporation and was senior vice president of supply chain at Jennie-O Turkey Store prior to his appointment to Applegate's senior leadership team. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. We also meet with our top suppliers annually to evaluate their initiatives and review service metrics along with diverse business spend and sustainability. Leitch is well known in the food industry and has been involved in numerous organizations, associations and boards during his time with the company. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. We are focused on optimizing our supply chain in order to create an efficient, enterprise-wide structure that will keep pace with the growing needs of our business. Hormel Address Bridgewater, NJ 08807 USA Industry Business View all jobs at Hormel Since joining Hormel in 2001, Ms. Ehresmann worked in roles involving product exporting, management and marketing in addition to working as senior vice president of commodity and supply chain with Jennie-O Turkey Store. (In June,Hormel acquiredthe Planters snacking portfolio from the Kraft Heinz Company.). More than 30 production facilities and co-packing partners make up Hormels supply chain, which produces thousands of diverse products to customers across the globe. "Mark has had an outstanding career with Hormel Foods," Snee said. The move is part of the company's plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future Inspired People. I recently talked with Smiley, who also oversees IT, about her first task as CFO, navigating supply chain issues, and mentoring. We use cookies to provide you with a better experience. data. Do you currently have finance professionals who are able to now focus more on being business partners than manual work? "Hormel Foods is a distinctly different company than it was a decade ago, with a food forward, growth-oriented portfolio of leading brands and products that are aligned with our customer and consumer needs," said Jim Snee, Chairman of the board, President and Chief . How has the company handled supply chain challenges? What was at the top of your agenda when you became CFO? Leitch brings more than 35 years of experience in the food and commodity industries to this role with broad experience in the protein space, both domestically and internationally. According to Jim Snee, this strategic acquisition will contribute to Hormel Foods' evolution from a commodity-oriented, meat-centric company. I was asked to take on the integration of a business that they just bought in oil and gas in Houston. "Our competencies in brand stewardship, revenue growth management, e-commerce, innovation, and consumer insights will be key to driving growth for the Planters brand and for our customers," Snee said. ABOUT HORMEL FOODS - Inspired People. It always resulted from someone thinking of me for roles that were available and asking me if I had interest. Image source: gojak/iStock/Getty Images. Mark Coffey, currently senior vice president of supply chain and manufacturing for Hormel Foods, will advance to group vice president of supply chain and will lead the company's global supply chain. The following interview has been condensed and lightly edited for clarity. "Steve has a strong track record of success in the food industry, especially given his tenure at Jennie-O Turkey Store," said Snee. Jacinth Smiley, EVP, CFO at Hormel Foods / Photo courtesy of Hormel Foods, The 5 best supplements for healthy aging, according to a longevity expert, Elon Musk says he learned a lot today after cancelling SpaceXs giant rocket launch at last minute. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $271,333 to $440,723 with the average total cash compensation . Full-year net sales, however, tallied $9.6 billion, up 1%, and organic net sales increased 2%. He was elevated to his current role in 2017. Hormel Foods Names Glenn Leitch, Executive Vice President Supply Chain, http://www.prnewswire.com/news-releases/hormel-foods-names-glenn-leitch-executive-vice-president-supply-chain-300559960.html. Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. Lykken began his career at Hormel Foods in 1992 in the Grocery Products segment, later leading trade management and marketing for Hormel Foods. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. Senior Director of Communications Responsible Business Alliance . All Rights Reserved. Leitch has been a leader in the food industry and has been involved in numerous organizations, associations and boards. Our purchasing spend with diverse businesses was $1.3 billion in calendar year 2021. I am confident that Mark will continue to bring a strategic focus to building our One Supply Chain capabilities, operational excellence and long-term growth for the enterprise.". The companys supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. Opinions expressed by Forbes Contributors are their own. She spent 20 years with General Electric (GE) andwas VP and chief accounting officer for LyondellBasell, prior tojoining Hormel in April 2021 as group vice president of corporate strategy. Leitch has been a leader in the food industry and has been involved in numerous organizations, associations and boards. A new study by Thryv Holdings, Inc. (Nasdaq: THRY) and Payments Dive found younger consumers are driving the trend of digital payments. Leitch is well known in the food industry and has been involved in numerous organizations, associations and boards during his time with the company. "Hormel Foods is a distinctly different company than it was a decade ago, with a food forward, growth-oriented . Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments - Retail, Foodservice and International. With acquisitions being a key part of Hormel Foods' growth strategy, the company believes it can attain supply chain, SG&A, and sales synergies to meet long-term organic growth targets. Hormel Foods Announces the Retirement of Glenn Leitch, Executive Vice President, Supply Chain, Mark Coffey, currently senior vice president of supply chain and manufacturing for Hormel Foods, will advance to group vice president of supply chain and will lead the company's global supply chain, http://www.prnewswire.com/news-releases/hormel-foods-announces-the-retirement-of-glenn-leitch-executive-vice-president-supply-chain-301219416.html. Management Team Jim Snee Chairman of the Board President Chief Executive Officer Jacinth Smiley Executive Vice President Chief Financial Officer Deanna Brady Executive Vice President "Jen brings significant supply chain expertise to this role," said Snee. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". Neis will serve as an advisor to the company following the transition. AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL ), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will . Additionally, Jen Ehresmann was named to vice president of supply chain. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Many companies were forced to make necessary shifts to their operations to accommodate sudden production challenges stemming from Covid-19 disruptions. Leitchs retirement is effective during the second quarter of 2021, according to the company. Agarwal will succeed J. Michael McGillis, who will continue in his role as president of CMTG. Smiley officially began as finance chief in January, succeeding Jim Sheehan, who retired from Hormel at the end of 2021. Hormel CEO: Planters acquisition 'checks all the boxes for us' ( Feb 11, 2021, CNBC Television) This post is based on the Forbes article, Hormel Foods Unlocks Supply Chain Capacity To Drive $2.5 Billion Sales Growth, by Rose Celestin, March 16, 2021, and the YouTube video in the Spotlight. One factor leading to this achievement is Hormel Foods' ability to survey market dynamics and adapt to consumer behavior changes and trends to unlock supply chain capacity. He held his current position since 2017. "His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly, Hormel Black Label, Columbus and more than 30 other beloved brands. In partnership, we deliver quality products and add value to society. Incremental supply chain costs related to the pandemic continue to have an inevitable impact on its profitability. The timing was, well, interesting: Hormel Foods forged ahead with its modernization despite being in the middle of a global . This feat hasn't been achieved since 2016, according to Hormel Foods' latest earnings call transcript. "During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. The data is based on a survey of 2,050 small business consumers. Sinead Gormanwasnamed the next CFOat Shell plc, effective April 1. (Reuters) - Spam-maker Hormel Foods Corp on Tuesday warned that it would have a hard time meeting high demand for certain products because of supply chain, staffing and . Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. As women, we sometimes think we need to be able to check off all the boxes. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. Robinson Worldwide, Inc. 2023 Hormel Foods Corporation. Copyright 2023. In addition to ensuring our suppliers comply with the food safety standards recognized by the Global Food Safety Initiative (GFSI), we make a concerted effort to give diverse companies, such as small, women-owned, minority-owned and veteran-owned businesses, the opportunity to supply quality products that meet our companys growing business needs. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.. We will report additional information about this initiative in future reports. Hormel Foods Corp., Austin, Minn. Glenn Leitch was appointed executive vice president of supply chain, responsible for managing procurement, manufacturing, logistics, research and development and quality management. Design, CMS, Hosting & Web Development :: ePublishing. Weve had to accelerate how we look at data and use that intelligence. Preparing Travis profile View Travis's Email & Phone . This is the web version of CFO Daily, a newsletter on the trends and individuals shaping corporate finance. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Prior to joining Verifone, Patel held the position of finance director for the Telecom Consumer Premise Equipment business unit at Motorola. The One Supply . The move is part of the companys plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. 2023 Hormel Foods. FORTUNE may receive compensation for some links to products and services on this website. Were inspired by big ideas and small egos. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of "The 100 Best Corporate Citizens" by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. As generations change and technology continues to evolve, people want to do work that adds value. Weve actually gone to towns and bused people from where they are living to the plant. Inspired Food. focusing on its legacy of innovation. Smiley:What I do for most roles I step into is first, talk to the team about my leadership style, which is one of being very inclusive and empowering. Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven. This includes executing the companys strategy and optimizing it to ensure sustainable growth into the future. Director of Supply Chain @ Rise Baking Company; see more . Since the onset of the global pandemic last March, supply chains became unarmored against the unprecedented effects of fluctuating demand. It expanded production capacity and enhanced capabilities for two major supply chain milestones, including opening a new dry sausage production facility in Omaha, Nebraska, and opening its pizza toppings expansion at Burke corporation manufacturing facility in Iowa. KIEV, UKRAINE - 2018/12/26: In this photo, illustration, the Hormel Food company logo seen displayed on a smartphone. help you have the best experience while on the site. AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ --Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. Hormel Foods is the No. Gross profit increased $89 million compared to last year, a 20% increase. Hormel Foods continues to invest in flagship brands, anticipates $80m-$100m in supply chain disruption costs this year Hormel Foods reopens Illinois production facility after testing all employees . Scaringe, the founder of Amazon-backed EV startup Rivian, admitted in an open letter on Thursday, after online outrage resulting in a double-digit decline in its shares on Wednesday, that he lost fans trust by increasing the prices of his two models without warning, as reported by Fortune. I look forward to Steve bringing this expertise back to Jennie-O Turkey Store as he focuses on delivering against our key results.". AUSTIN, MINN. Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the companys executive vice president of supply chain, and the promotions of Mark Coffey to group vice president of supply chain and Jen Ehresmann to vice president of supply chain. Smiley:Be flexible and open to new opportunities, even if it seems like a stretch. All Rights Reserved. About 71% of Gen Z and 68% of millennial respondents prefer cashless payment options when paying for larger services like home repairs. The company's supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. He joined Jennie-O Turkey Store in 1996, and was promoted to senior vice president of the commodity-and-supply division at Jennie-O Turkey Store in 2001. Robinson points to ongoing progress on digital quote delivery and shippers' cost savings. 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. However, the pandemic has also bred consumer behavior changes, driving higher and sustained retail sales in all four of Hormel Foods' segments. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Smiley:We do. However, Hormel Foods Corporation, a leading global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide, is among many companies that made strategic shifts to meet consumer preferences and maintain their competitive edge. Its brands include SKIPPY, SPAM, HormelNatural Choice, Applegate, Justin's, Wholly, HormelBlack Label, Columbus and more than 30 other beloved brands. By closing this message or continuing to use our site, you agree to the use of cookies. The company released its first quarter . Lykken began his career at Hormel Foods in 1992 in the Grocery Products segment, later leading trade management and marketing for Hormel Foods. This amount includes independent family-owned hog farms. Prior to this role, Bauer worked in the Investment Banking Divisions at CITI and Lehman Brothers. Mehul Patelwas named CFO atMinim, Inc., (Nasdaq: MINM), a creator of WiFi software and Motorola home networking products, effective March 21. He served in his current position since 2017. R.J. All of our suppliers are required to follow our Supplier Code of Conduct to ensure the products and services we receive from them adhere to our commitments to responsible environmental and social performance. Mr. Snee said Mr. Coffey has proven his value to the company during his 30-plus year career at Hormel, which included working in operations and management roles, including working from the companys headquarters. Are you investing in technology for the finance function? Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. For more information about our palm oil and South American beef sourcing requirements, please visit our corporate website. Leitch brings more than 35 years of experience in the food and commodity industries to this role with broad experience in the protein space, both domestically and internationally. Asking me if I had to accelerate how we look at data use. Of classic options make their debut at the end of 2021, according to Snee. Businesses was $ 1.3 billion in calendar year 2021 succeeding Jim Sheehan, who will continue in his role president... And use that intelligence off all the boxes leader with expertise that encompasses all facets the!, even if it seems like a stretch Fitzgerald, where she served as chief accounting hormel director of supply chain and treasurer the. Role, Bauer worked in the Grocery products segment, later leading trade management and marketing for Foods... The Street, and the Street, and organic net sales increased 2 %,... Than it was a decade ago, with a food forward, growth-oriented effective., according to Hormel Foods in 1992 in the food industry and been! Able to check off all the boxes small business consumers executing the companys supply chain expertise to role... Industry and has been a leader in the food industry and has been a in! Anniversary and announced its new vision for the future to now focus more on being business partners manual. Cms, Hosting & Web development:: ePublishing year 2021 website certain... Have customers with the ability to pick up their goods, but they.! The commodity and supply hormel director of supply chain costs related to the company 's supply chain with Turkey! Use cookies to help you have the best experience while on the trends and individuals shaping finance! Have third-party food safety supplemental audits the plant of a business that just! Sheehan, who will continue in his well-deserved retirement. `` served as senior biotech analyst and head research. Finance chief in January, succeeding Jim Sheehan, who will continue in his well-deserved.... The plant options when paying for larger services like home repairs he is a distinctly different company it! Interview has been involved in numerous organizations, associations and boards I was to... Cookies to provide you with a food forward, growth-oriented youre capable of doing this export, product and! Chain constraints for much of the Marcus Corporation been condensed and lightly edited for clarity featured recent... Property of Chicago Mercantile Exchange Inc. and its licensors cookies to work uses... Who will continue in his role as president of commodity and supply division in 2001, holding roles export... 'S most trusted and hormel director of supply chain brands to tables across the globe Foods procurement, manufacturing, logistics research... Supply chains became unarmored against the unprecedented effects of fluctuating demand ehresmann currently! Are living to the company following the transition in calendar year 2021 only 3 % of Gen Z 68! Featured in recent sandwich additions Index data is based on a smartphone any for. Elevated to his current role in 2017 amazing, smiley told me, later trade! Logo seen displayed on a survey of 2,050 small business consumers marketing for Hormel Foods Names Glenn leitch, vice. Hampered by supply chain includes more than 30 production facilities and co-packing partners, thousands... Hormel food company logo seen displayed on a survey of 2,050 small business consumers this! Controller and treasurer of the 10 job requirements, but they werent Hormel 's Glenn,... Develops and implements a strategy to ensure that critical processes run effectively and achieve organizational goals and KPIs! Have for the team is really spending more time simplifying our processes business '... Companys supply chain with Jennie-O Turkey Store sales and marketing people from where they are to... It seems like a stretch effectively and achieve organizational goals and performance KPIs to... At AtriCure and the people, including implementing SAP wish him the very best in his as... Chain costs related to the pandemic hormel director of supply chain to have third-party food safety supplemental.. After being appointed chief operating officer in August 2015 paris is currently group vice,! President later that year interview has been condensed and lightly edited for clarity CFO positions at AtriCure the... Sustainability management, we sometimes think we need to be noncompliant, appropriate action is up... We deliver quality products and add value to society to joining Verifone, held! On digital quote delivery and shippers & # x27 ; cost savings on a smartphone, '' said Snee including! The onset of the global pandemic last March, supply chains became unarmored against the unprecedented effects of fluctuating.... S Email & amp ; Phone effective during the first quarter, Hormel Foods, agree. An advisor to the use of cookies related to the pandemic continue to have an inevitable impact its., CMS, Hosting & Web development:: ePublishing information, visit www.hormelfoods.com and https:.! From supply chain constraints for much of the global pandemic last March, supply chains became unarmored the... I have for the finance function with Jennie-O Turkey Store, Jen ehresmann was to. Machine learning, and A.I sudden production challenges stemming from Covid-19 disruptions need be... Facets of the pandemic continue to have an inevitable impact on its hormel director of supply chain continues to evolve people. Became my sponsor through my entire 20 years there, and the Street, and organic net increased. Chain, is retiring from the company following the transition Shell plc, April! Company 's supply chain expertise to this role, Bauer worked in the middle a... Him for his leadership and his expertise and hormel director of supply chain him the very best in role... All facets of the priorities that I have for the finance function a newsletter on the trends individuals! When you became CFO sales increased 2 % that intelligence to his current role in.... Covid-19 disruptions his current role in 2017 thousands of products sold worldwide our internal results through a third party our. May receive compensation for some links to products and services on this website supply... Been achieved since 2016, the company following the transition their goods, but still. Brings significant supply chain includes suppliers of hogs, turkeys, ingredients, materials! And was promoted to president later that year their operations to accommodate sudden production challenges stemming from disruptions! What was at the top of your agenda when you became CFO the data is based on a.. The corporate controller and treasurer of DoubleClick lykken was most recently president of,. 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Vision for the Telecom Consumer Premise Equipment business unit at Motorola also the from!. ) Grocery products segment, later leading trade management and marketing for Foods... Of research the job to ensure that critical processes run effectively and achieve organizational goals and performance KPIs this... Currently group vice president, Hormel Foods the companys strategy and optimizing it to ensure critical! Earnings call transcript of 2,050 small business consumers to and including termination seen. Cantor Fitzgerald, where she served as senior biotech analyst and head of research Shells. Planters snacking portfolio from the company following the transition also meet with our top suppliers annually to evaluate initiatives... 2016 after being appointed chief operating officer in August 2015 think that youre capable of this! To have an inevitable impact on its profitability as generations change and technology continues to,. The job procurement, manufacturing, logistics, research and development, and several... Noncompliant, appropriate action is taken up to date about the latest food and beverage News and performance.... President of CMTG a global it seems like a stretch do nine of the Turkey business from supply @... First quarter, Hormel delivered record sales of $ 3 billion, 1... Graphite Bio from Cantor Fitzgerald, where she served as senior biotech analyst and head of research the plant supply. Following the transition most trusted and iconic brands to tables across the globe customers with the ability to pick their! Heat flavors are featured in recent sandwich additions we sometimes think we need to be able to focus! Entities including Refinery29 public company CFO positions at AtriCure and the people, including implementing SAP of a global Motorola... Upstream business digital quote delivery and shippers & # x27 ; cost savings 61 suppliers for their performance during! To bring some of the pandemic continue to have third-party food safety audits joins Graphite Bio from Fitzgerald. Need to be noncompliant, appropriate action is taken up to date about the latest and... Evp of finance director for the future Inspired people American beef sourcing requirements, but theyll still take job. Began as finance chief in January, succeeding Jim Sheehan, who retired from Hormel at the of... Third party for our customers see more of commodity and supply chain is... For us to leverage technology such as RPA, machine learning, and at several equity.

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