Core Insights - Hormel Foods Corporation announces the retirement of Deanna Brady, executive vice president of Retail, effective October 27, 2024, after nearly three decades of service [1][3] - John Ghingo will rejoin Hormel Foods as the leader of the Retail segment starting October 28, 2024, after previously serving as president of Applegate Farms from 2018 to 2022 [2][4] Company Leadership Transition - Deanna Brady has been instrumental in driving record growth and managing multi-billion-dollar divisions during her tenure at Hormel Foods [3] - John Ghingo is recognized for his dynamic leadership and expertise in the consumer packaged goods industry, positioning him well to lead the Retail segment [4][7] Background of Key Individuals - Deanna Brady began her career at Hormel Foods in 1996 and held various leadership roles, culminating in her current position in 2022 [5][6] - John Ghingo has extensive experience in the industry, having held leadership roles at companies such as The WhiteWave Foods Company and Mondelēz International [7][8] Company Overview - Hormel Foods Corporation generates over $12 billion in annual revenue and operates in more than 80 countries, with a diverse portfolio of well-known brands [9][10] - The company is recognized for its corporate responsibility and has received numerous accolades, including being named one of America's most responsible companies by Newsweek [9]
Hormel Foods Announces Retirement of Deanna Brady, Executive Vice President, Retail, after 28 Years of Distinguished Leadership