Hormel Foods Announces Leadership Changes Effective July 2025

The latest update is out from Hormel Foods ( (HRL) ).

Hormel Foods announced leadership changes effective July 14, 2025, with Jeffrey M. Ettinger appointed as Interim CEO and John F. Ghingo as President. These appointments follow the retirement of current CEO James P. Snee at the end of fiscal year 2025. Ettinger, with previous experience as CEO and board member, brings extensive knowledge to the role, while Ghingo, with over 20 years in the industry, steps in as President. The company has outlined detailed compensation and benefits packages for both executives, indicating a strategic transition plan to maintain stability and continuity in leadership.

The most recent analyst rating on (HRL) stock is a Hold with a $31.00 price target. To see the full list of analyst forecasts on Hormel Foods stock, see the HRL Stock Forecast page.

Spark’s Take on HRL Stock

According to Spark, TipRanks’ AI Analyst, HRL is a Outperform.

Hormel Foods’ high overall score is supported by its strong financial stability and positive technical momentum, despite a relatively high valuation. The company’s strategic initiatives and growth projections contribute positively, balancing out challenges from declining net income and macroeconomic pressures.

To see Spark’s full report on HRL stock, click here.

More about Hormel Foods

Hormel Foods Corporation operates in the consumer-packaged foods industry, focusing on producing and marketing a variety of food products. The company is known for its extensive range of meat and food products and has a significant market presence, with The Hormel Foundation holding a substantial portion of its common stock.

Average Trading Volume: 3,045,247

Technical Sentiment Signal: Sell

Current Market Cap: $16.72B

For an in-depth examination of HRL stock, go to TipRanks’ Overview page.