Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food powerhouse, has made a pivotal announcement that’s sure to resonate in the food industry: John Ghingo will be stepping into the role of president, marking him as the 11th individual to take on this prestigious position in Hormel’s nearly 135-year legacy. Meanwhile, Jeffrey M. Ettinger, a prominent member of the Hormel Foods board, returns to the helm as interim chief executive officer for a defined period of 15 months. Both leaders are set to commence their new roles on July 14, 2025, when Ghingo will also join the Hormel Foods board of directors.
Leadership Change: What It Means for Hormel Foods
John Ghingo: A Visionary Leader
In his current role as executive vice president for Retail, Ghingo has successfully managed the company’s largest business unit, guiding a portfolio of iconic consumer brands. With valuable insights from both notran and external sources, he boasts 15 years of diverse leadership experience at Mondelēz International and previously served as president of Applegate Farms, LLC, a Hormel subsidiary. Ghingo is recognized for his proven track record in the consumer packaged goods sector, driving growth, and achieving measurable results.
He will oversee Hormel’s Retail, Foodservice, and International business segments while leading global operations, supply chain, research and development, and corporate strategy functions.
“It’s an incredible honor to be named the 11th president of Hormel Foods,” Ghingo commented. “The history, culture, and iconic brands truly set us apart in the industry. I’m excited to build on that foundation and help shape what’s next.”
Ghingo emphasizes the importance of Transform & Modernize, a central pillar of Hormel’s strategy, as he aims to sustain momentum in these dynamic times.
Jeffrey M. Ettinger: A Legacy of Excellence
Ettinger returns to Hormel Foods, bringing with him nearly three decades of experience, including serving as the company’s 9th president and later as chief executive officer. His reputation for driving performance and innovative results will be invaluable as he partners with Ghingo during this transitional period.
“Serving as interim CEO is both a privilege and an honor,” remarked Ettinger. “Hormel Foods is defined by its exceptional people—their integrity, passion, and dedication.”
Ettinger will oversee corporate functions including finance, legal, human resources, and corporate communications while supporting Ghingo in his new role.
Hormel Foods’ Board of Directors: Confidence in the Future
Bill Newlands: Endorsement of Leadership Transition
Bill Newlands, the chairman of the Hormel Foods board, expressed his enthusiasm about Ghingo’s promotion. “We are thrilled to elevate John and are grateful to Jeff for stepping back in as interim CEO. Their combined expertise will strengthen our business and enhance our relevance with consumers,” he affirmed.
Newlands also extended heartfelt appreciation to Jim Snee, the outgoing president, for his “steadfast leadership” and remarkable contributions over 36 years, leaving a lasting impact on Hormel’s culture and communities.
Upcoming Developments
Following this leadership transition, the Hormel Foods CEO search committee will be dissolved, with plans to establish a permanent CEO by October 2026.
Spotlight on Leadership
About John Ghingo
As the newly appointed executive vice president for Retail, Ghingo is no stranger to the consumer gods. His career spans various leadership positions across well-known brands, including a notable tenure at WhiteWave Foods Company, where he spearheaded brands such as Silk and So Delicious Dairy Free. A graduate of the University of Notre Dame, he holds an MBA from New York University, underscoring his academic credentials.
About Jeff Ettinger
Ettinger’s influence extends beyond Hormel Foods, having recently served as chairman of The Hormel Foundation, where he oversaw significant charitable contributions enhancing community quality of life. His earlier roles as president and CEO of Hormel Foods catalyzed substantial growth and innovation.
Conclusion
As Hormel Foods prepares for a transformative future under the guidance of John Ghingo and Jeffrey M. Ettinger, both experienced leaders are committed to upholding the company’s standards of excellence. With their combined expertise, Hormel Foods is positioned to continue its legacy of delivering outstanding products that resonate with consumers worldwide.
For more insights, developments, and updates about Hormel Foods and the food industry, be sure to stay connected!
