Hormel Foods Schedules Jan.27 Annual Meeting, Two VPs to Retire After 30 Years
Hormel Foods will hold its 2026 Annual Meeting on Jan.27 at Austin High School’s auditorium, open to shareholders of record as of Nov.28, 2025, with pre-registration by Jan.22. Mark Morey (VP, fresh pork operations) and Paul Peil (VP, fresh and ready meats marketing) will retire after over 30 years.
1. 2026 Annual Meeting Logistics and Investor Access
Hormel Foods Corporation will convene its 2026 Annual Meeting of Stockholders at 6 p.m. CST on Tuesday, January 27, 2026, in the Richard L. Knowlton Auditorium at Austin High School (300 NW 4th Street), Austin, Minnesota. The event is open to all registered holders of common stock as of the close of business on November 28, 2025, and each eligible stockholder may bring one guest. Doors open at 5 p.m. CST with an expedited check-in option for pre-registered attendees who submit proof of ownership and photo identification by January 22, 2026. Same-day registrants should allow additional time for verification. Following the formal business agenda, the company will host a pre-submitted Q&A session; questions must be filed by 10:59 p.m. CST on January 26, 2026, via proxyvote.com using a valid 16-digit control number. A recording of the meeting will be posted thereafter at investor.hormelfoods.com.
2. Retirement of Two Veteran Executives and Leadership Implications
Hormel Foods announced the upcoming retirements of Mark Morey, vice president of operations for fresh pork, and Paul Peil, vice president of marketing for fresh and ready meats. Morey, with 33 years at the company, has held roles including product manager of fresh pork, president of Farmer John and vice president of foodservice and affiliated businesses; he earned an MBA from the University of Wisconsin–La Crosse. Peil, a 36-year veteran, advanced through retail sales leadership positions before overseeing Jennie-O, Hormel® Cure 81® and the deli category; he holds a BBA from the University of Dubuque. Interim CEO Jeff Ettinger credited both executives with driving operational discipline, customer focus and strategic marketing initiatives that contributed to Hormel Foods’ roughly $12 billion in annual revenue and its standing as an S&P 500 Dividend Aristocrat. Their departures will prompt the board to accelerate succession planning in key product lines to maintain momentum in fresh and value-added meat segments.