John F. Ghingo was named President and Chief Executive Officer of Hormel Foods Corp /De/, effective October 26, 2026. As of November 6, 2026, Hormel Foods Corp /De/ has reported 5 leadership change filings to the SEC under Item 5.02 of Form 8-K, from June 12, 2026 to October 29, 2026, naming 1 appointment and 1 departure (Form 8-K, July 28, 2026).
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Key facts
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-10-29
- · In / out: Out · Person: Sally J. Smith · 8-K, 2026-10-23
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-08-24
- · In / out: In · Person: John F. Ghingo · Role: President and Chief Executive Officer · Effective: 2026-10-26 · 8-K, 2026-07-28
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-06-12
Hormel Foods Corp /De/ reported changes in 5 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-06-12 to 2026-10-29. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Hormel Foods Corp /De/ files it.
Layoffs on record: 1 filing or notice, latest 2025-11-04 (layoff filings and notices).
Also on the record for Hormel Foods Corp /De/
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| February 9, 2026 | Stake report, Schedule 13G, by STATE STREET CORPORATION | 5% of the class | 5%+ stakes | Source |
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More on Hormel Foods Corp /De/ and the records around it.
Hormel Foods Corp /De/ elsewhere on the record
- Layoff notices Nov 2025
- Who owns it
Companies that share a holder
- STATE STREET CORPORATION also filed stake reports on 343 other companies: TRADE DESK INC/THE (Oct 2026), CENTRUS ENERGY CORP (Sep 2026), ACADIA PHARMACEUTICALS INC (Aug 2026)
- The Vanguard Group also filed stake reports on 2384 other companies: BellRing Brands, Inc. (Sep 2026), CAL-MAINE FOODS INC (Sep 2026), FTAI Aviation Ltd. (Sep 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-29 | Reported | not named in the filing | 8-K, 2026-10-29 | ||
| 2026-10-23 | Out | 8-K, 2026-10-23 | |||
| 2026-08-24 | Reported | not named in the filing | 8-K, 2026-08-24 | ||
| 2026-07-28 | In | President and Chief Executive Officer | 2026-10-26 | 8-K, 2026-07-28 | |
| 2026-06-12 | Reported | not named in the filing | 8-K, 2026-06-12 |
Who leads Hormel Foods Corp /De/, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- President and Chief Executive Officer: John F. Ghingo, appointed, effective 2026-10-26 (filed 2026-07-28).
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Reported
On October 23, 2026, Mr. Ghingo and the Company entered into a letter agreement (the "Letter Agreement") pursuant to which the Ghingo Employment Agreement terminated as of October 26, 2026, in connection with Mr. Ghingo's assumption of the additional role of Chief Executive Officer.
- Hormel Foods Corporation (the "Company") previously announced that, effective October 26, 2026, John F. Ghingo would commence service as the Company's President and Chief Executive Officer (and would continue serving as a member of the Board of Directors of the Company).
- The Company also previously disclosed that, since June 2025, Mr. Ghingo had been a party to an Employment Agreement with the Company (the "Ghingo Employment Agreement") related specifically to his service as the Company's President.
- By its terms, the Ghingo Employment Agreement was scheduled to expire on December 31, 2026.
- Accordingly, Mr. Ghingo has no specified term as President and Chief Executive Officer.
Departing: Sally J. Smith
On October 21, 2026, Sally J. Smith notified Hormel Foods Corporation (the "Company") of her decision to retire as a member of the Company's Board of Directors, effective upon the expiration of her current term at the Company's 2027 Annual Meeting of Stockholders (the "2027 Annual Meeting").
- As a result, Ms. Smith will not stand for re-election at the 2027 Annual Meeting.
- Ms. Smith's decision to retire and not stand for re-election was not because of any disagreement with the Company.
Reported
On August 24, 2026, Hormel Foods Corporation (the "Company") announced the appointment of Ash Bhumbla as Executive Vice President and Chief Financial Officer, effective September 8, 2026.
- In connection with Mr. Bhumbla's assumption of the role of Chief Financial Officer on September 8, 2026, Paul R. Kuehneman's service as Interim Chief Financial Officer will conclude.
- Mr. Kuehneman will continue to serve as the Company's Vice President and Controller and Principal Accounting Officer.
- Prior to joining the Company, Mr. Bhumbla, age 39, served Tyson Foods, Inc., a food company, as Senior Vice President and Chief Financial Officer, Chicken segment, from September 2023 to August 2026 and he concurrently served as Chief Financial Officer, International segment, from March 2025 to December 2025.
- Mr. Bhumbla previously served Perdue Farms Inc., a food and agriculture company, as Senior Vice President, Finance and Corporate Development, from November 2020 to August 2023 and Senior Vice President, Strategy and Corporate Development, from September 2019 to November 2020.
- Mr. Bhumbla holds an undergraduate degree from the University of Pennsylvania and an M.B.A. from The Wharton School of the University of Pennsylvania.
- The Company signed an offer letter with Mr. Bhumbla (the "Offer Letter").
- In addition, Mr. Bhumbla will receive sign-on compensation in consideration for estimated compensation forfeitures relating to his prior employer.
Appointed: John F. Ghingo, President and Chief Executive Officer, effective 2026-10-26
On July 27, 2026, the Board of Directors (the "Board") of Hormel Foods Corporation (the "Company") appointed John F. Ghingo, the Company's current President and a member of the Board, as the Company's President and Chief Executive Officer, effective October 26, 2026.
- Mr. Ghingo will continue to serve as a member of the Board.
- Jeffrey M. Ettinger's service as Interim Chief Executive Officer will conclude on October 25, 2026, in accordance with the terms of the previously disclosed Employment Agreement, dated June 20, 2025, between the Company and Mr. Ettinger.
- Mr. Ettinger will continue to serve as a member of the Board.
- Mr. Ghingo, age 53, brings over 20 years of experience in the consumer-packaged foods industry to the position of President and Chief Executive Officer.
- He has served as the Company's President since July 2025, and previously served as the Company's Executive Vice President - Retail from October 2024 to July 2025, Group Vice President, Retail from September to October 2024, and President of Applegate Farms, LLC, a Company subsidiary, from April 2018 to January 2022.
- From January 2022 to August 2024, Mr. Ghingo served as the Chief Executive Officer of Whisps Acquisition Corporation, a better-for-you snacking company.
- Mr. Ghingo holds an undergraduate degree in marketing from the University of Notre Dame, and an M.B.A. from the Stern School of Business at New York University.
Reported
If Mr. Neufeldt resigns (other than due to a Qualified Retirement (as defined in the Assignment Agreement)) or is terminated for cause before the three-year anniversary of the start of the international assignment, he will be required to repay, on a pro-rata basis, certain relocation costs borne by the Company.
- On June 9, 2026, Hormel Foods Corporation (the "Company") entered into an International Assignment Letter (the "Assignment Agreement") with Swen Neufeldt, the Company's Group Vice President, International, in connection with Mr. Neufeldt's assignment to the Company's subsidiary, Hormel Foods Asia Pacific Pte.
- Mr. Neufeldt will continue to serve in his current role as the Company's Group Vice President, International.
- Pursuant to the Assignment Agreement, Mr. Neufeldt's international assignment will begin on or around July 27, 2026, and will continue for an indefinite term, subject to change by the Company in its discretion.
- During his international assignment, Mr. Neufeldt will continue to receive his current annual base salary of $526,400, plus a cost-of-living adjustment of $56,103 per year, both subject to review and adjustment in the ordinary course.
- Mr. Neufeldt will continue to be eligible to participate in the Company's short-term and long-term incentive programs, executive severance program, and other employee benefit programs.
- Under the Assignment Agreement, Mr. Neufeldt will also be entitled to certain benefits that are designed to minimize the financial impact of the international assignment.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.