HORMEL FOODS CORPORATION (NYSE:HRL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

HORMEL FOODS CORPORATION (NYSE:HRL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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On November 19, 2018, Hormel Foods Corporation (the Company) issued a press release announcing the election of Bill Newlands to its Board of Directors, effective November 19, 2018.

Mr. Newlands is president and chief operating officer of Constellation Brands. Mr. Newlands has been appointed president and chief executive officer of Constellation Brands, effective March 1, 2019. Mr. Newlands will join the Audit Committee of the Company's Board of Directors.

Mr. Newlands is not a party to any transaction with the Company or any subsidiary of the Company, and the Company has not entered into any material contracts or arrangements in connection with his election to the Board of Directors. Mr. Newlands will receive restricted stock awards under the Hormel Foods Corporation 2018 Incentive Compensation Plan.

The press release announcing this election is attached hereto as Exhibit 99.1.

Section9 — FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(d) Exhibit to Item 5.02


HORMEL FOODS CORP /DE/ Exhibit
EX-99.1 2 a11-19x18pressrelease.htm EXHIBIT 99.1 Exhibit INVESTOR CONTACT:                                     MEDIA CONTACT:Nathan Annis                                          Wendy Watkins(507) 437-5248                                          (507) [email protected]                                 [email protected] BILL NEWLANDS ELECTED TO HORMEL FOODS BOARD OF DIRECTORSAUSTIN,…
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About HORMEL FOODS CORPORATION (NYSE:HRL)

Hormel Foods Corporation is a multinational manufacturer and marketer of food and meat products. The Company operates through five segments: Grocery Products, which consists of the processing, marketing and sale of shelf-stable food products sold in the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork and beef products for retail, foodservice and fresh product customers; Jennie-O Turkey Store, which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of private label shelf stable products, nutritional products, sugar and condiments to industrial, retail and foodservice customers, and International & Other, which includes the Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.

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