AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/ --Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. So, I was also the leader from an IT perspective in getting this new system in place. All Rights Reserved. Management Team Jim Snee Chairman of the Board President Chief Executive Officer Jacinth Smiley Executive Vice President Chief Financial Officer Deanna Brady Executive Vice President We also meet with our top suppliers annually to evaluate their initiatives and review service metrics along with diverse business spend and sustainability. His expertise in procurement, manufacturing, logistics, research and development, quality management and plant operations makes him the ideal person to assume this important role, Mr. Snee said. Many companies were forced to make necessary shifts to their operations to accommodate sudden production challenges stemming from Covid-19 disruptions. AUSTIN, MINN. Hormel Foods Corp. announced on Feb. 1, the upcoming retirement of Glenn Leitch, the companys executive vice president of supply chain, and the promotions of Mark Coffey to group vice president of supply chain and Jen Ehresmann to vice president of supply chain. The other piece, too, is around being innovative on how we get labor from place to place. 20 By 30 Challenge Goals As part of our 20 By 30 Challenge, we are striving to achieve the following goals by 2030: Maintain high standards for animal care and handling throughout our supply chain. I can tell you, I never, in my 20 years at GE, truly interviewed for one job. She started her career as a civil engineer before embarking on a finance career when she joined Shell in 1999. 59 followers 55 connections. Additionally, over 87% of all new Hormel Foods consumers made a repeat purchase during the pandemic, and more than 75% of these new consumers made two or more purchases. Join to view profile Hormel Foods. The company lives by its purpose statement Inspired People. The company also invested $368 million into capital projects. For example, in 2020, company research showed that consumers became increasingly more loyal to the SPAM, Skippy, Jennie-O, Applegate, Columbus, and Hormel Black Label brands since consumers shifted to eating home-prepared meals due to Covid lockdowns and restrictions. Hormel, headquartered in Austin, Minn., is a major processor and distributor of meat and other food products, with its goods sold in more than 80 countries. Snee said Coffey has proven his value to the company during his 30-plus year career at Hormel, which included working in operations and management roles, including working from the companys headquarters. More than 30 production facilities and co-packing partners make up Hormels supply chain, which produces thousands of diverse products to customers across the globe. Leitch's career spans more than 35 years in the food and commodity industries and at Hormel Foods, where he has held leadership positions for the company and its Jennie-O Turkey Store subsidiary. He joined Jennie-O Turkey Store in 1996, and was promoted to senior vice president of the commodity-and-supply division at Jennie-O Turkey Store in 2001. Corporate Manager of IT Applications - Supply Chain at Hormel Foods United States. Hormel Address Bridgewater, NJ 08807 USA Industry Business View all jobs at Hormel Copyright 2023. I studied The Love Jones Cohort and found it was real: More Black Americans with higher education are choosing CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. He is a 25-year veteran of Hormel Foods Corporation and was senior vice president of supply chain at Jennie-O Turkey Store prior to his appointment to Applegates senior leadership team. Chad Pariswas named the next CFO atThe Marcus Corporation(NYSE: MCS). In his new role, Coffey will lead Hormels One Supply Chain global operation. In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president later that year. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Hormel Foods Surprises Community Nonprofits . Scaringe, the founder of Amazon-backed EV startup Rivian, admitted in an open letter on Thursday, after online outrage resulting in a double-digit decline in its shares on Wednesday, that he lost fans trust by increasing the prices of his two models without warning, as reported by Fortune. Jens expertise managing complicated supply chains, while also understanding the connectivity to sales and marketing strategy, will be incredibly valuable as we continue to focus on our One Supply Chain strategy.. Vice President of Supply Chain @ Rise Baking Company. The company released its first quarter of fiscal 2022earnings reporton Tuesday. Hormel Foods went live with Oracle Fusion Cloud HCM in January 2020 and Fusion Cloud ERP in June, as well as Oracle Fusion Cloud EPM. The acquisition of Planters will add another $1 billion brand to Hormel Foods' portfolio and supply chain, which currently includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. to bring some of the world's most trusted and iconic brands to tables across the globe. Hormel Foods is the No. Previously, he held public company CFO positions at AtriCure and The Street, and at several private equity and venture-backed entities including Refinery29. Steve Lykken to Lead Jennie-O Turkey Store. The One Supply . As women, we sometimes think we need to be able to check off all the boxes. "Jen brings significant supply chain expertise to this role," said Snee. Leitchs retirement is effective during the second quarter of 2021, according to the company. Coffey will assume leadership of the One Supply Chain organization, including continuing the mission of the strategic and competitively advantaged organization while optimizing it to deliver sustainable long-term growth. Do you currently have finance professionals who are able to now focus more on being business partners than manual work? In 2011, he was named general manager at Jennie-O Turkey Store before being promoted to president that same year. Robinson (CHR) recently heralded significant progress it has made its delivery of digital quotes, for both over the past year and also the first . Glenns expertise has been invaluable as we have optimized our global supply chain to be more strategic, cost-effective and agile to meet the needs of todays changing marketplace, said Jim Snee, chairman of the board, president and chief executive officer of Hormel. Lykken was most recently president of Applegate, a Hormel Foods company. We report our internal results through a third party for our customers. He was promoted to senior vice president of its commodity and supply division in 2001 and was named general manager in 2011 and promoted to president that same year. Alethia Youngwas namedCFO at Graphite Bio, Inc.(Nasdaq: GRPH), a clinical-stage gene editing company. In fact, in calendar year 2021 only 3% of our purchases were from new suppliers. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. At Hormel Foods, our multifaceted supply chain includes suppliers of hogs, turkeys, ingredients, packaging materials and transportation. Advance our antibiotic stewardship efforts and pilot an antibiotic use measurement and reporting system. Prior to joining Verifone, Patel held the position of finance director for the Telecom Consumer Premise Equipment business unit at Motorola. Thomas Eterginowas namedCFO at 1stDibs(Nasdaq: DIBS), an e-commerce company that sells luxury items. Coffey will assume leadership of the One Supply Chain organization, including continuing the mission of the strategic and competitively advantaged organization while optimizing it to deliver sustainable long-term growth. Along with a consumer pivot to e-commerce that drove e-commerce sales over 100%, Hormel Foods' strategic responses to these insights led to its overall market share growth in key categories and strong double-digit growth in its retail brands. It goes back to leaders who say, I think that youre capable of doing this. Our ingredient suppliers are subject to additional measurements to further ensure quality and food safety. "During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. In addition, to ensure compliance with our sourcing principles, Hormel Foods will require suppliers to assess plantations in its supply chain (through internal and external assessment teams) and submit reports and findings annually, which will be reviewed by the Hormel Foods Palm Oil Council. "Our competencies in brand stewardship, revenue growth management, e-commerce, innovation, and consumer insights will be key to driving growth for the Planters brand and for our customers," Snee said. Mr. Leitchs retirement is effective during the second quarter of 2021, according to the company. She spent 20 years with General Electric (GE) andwas VP and chief accounting officer for LyondellBasell, prior tojoining Hormel in April 2021 as group vice president of corporate strategy. Coffey is now working as senior vice president of supply chain and manufacturing and Ehresmanns current role is director of customer logistics and strategy. As part of our 20 By 30 Challenge, we are striving to achieve the following goals by 2030: These ambitions help support UN Sustainable Development Goals 3, 8, 10 and 12. Lykken became president of Applegate in 2016 after being appointed chief operating officer in August 2015. Our Board of Directors is critical to the growth and development of our employees, our consistent returns to shareholders and the long-term success of the company. "During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. But our male counterparts, theyre the complete opposite. and cookie policy to learn more about the cookies we use and how we use your Rising supply chain costs a key concern for C.P.G. Senior Director of Communications Responsible Business Alliance . During this last year, facing an unprecedented pandemic with supply chain interruptions, Glenn has been an extraordinary and tireless leader, ensuring Hormel Foods was able to protect the safety of our global workforce while producing food for our customers and consumers. What do we want to be as a team? For more information, visit www.hormelfoods.com. I look forward to Steve bringing this expertise back to Jennie-O Turkey Store as he focuses on delivering against our key results.". "We are focused on optimizing our supply chain in order to create an efficient, enterprise-wide structure that will keep pace with the growing needs of our business. And part of the priorities that I have for the team is really spending more time simplifying our processes. Mark Coffey, Group VP of Supply Chain at Hormel. The alignment of our supply chain from procurement to shipment has never been more important, said Jim Snee, chairman of the board, president, and chief executive officer, Hormel Foods. I am confident that Mark will continue to bring a strategic focus to building our One Supply Chain capabilities, operational excellence and long-term growth for the enterprise.". He was elevated to his current role in 2017. Prior to his current role, which he assumed in 2017, he served as vice president of affiliated business units in Refrigerated Foods for six years. Prior to this role, Bauer worked in the Investment Banking Divisions at CITI and Lehman Brothers. With acquisitions being a key part of Hormel Foods' growth strategy, the company believes it can attain supply chain, SG&A, and sales synergies to meet long-term organic growth targets. Additionally, Jen Ehresmann was named to vice president of supply chain. Hormel Foods Corporation (NYSE: HRL) today announced that Glenn Leitch will lead the companys global supply chain as its executive vice president of supply chain. Design, CMS, Hosting & Web Development :: Mark Coffey, new group vice president of supply chain for Hormel, and Jen Ehresmann, new vice president of supply chain, Sign up for our free newsletters to stay informed on each days news and trends, Blue Apron names new chief supply chain officer, CKE Restaurant Holdings names two new senior executives, Alabama tribe starts meat processing plant project, Tyson workers on strike before the Van Buren plant closure, 2023 red meat production expected to be lower. The move is part of the companys plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. The company's supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. Its brands include Skippy, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly Guacamole, Hormel Black Label and more than 30 other beloved brands. But, also finding opportunities for us to leverage technology such as RPA, machine learning, and A.I. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Report this profile . The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of "The 100 Best Corporate Citizens" by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. I was asked to take on the integration of a business that they just bought in oil and gas in Houston. Image source: gojak/iStock/Getty Images. Inspired Food.. Full-year net sales, however, tallied $9.6 billion, up 1%, and organic net sales increased 2%. We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/. Jen brings significant supply chain expertise to this role, Mr. Snee said. He began his career with Hormel Foods in 1985 and held various operations, management and leadership positions at the company's operating facilities around the United States before moving into management and leadership positions at the company's global headquarters. Currently, Patel serves as VP of supply chain finance and transformation, for Verifone, a fintech company. Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven. He became senior vice president of the retail division of Jennie-O Turkey Store in 2003. 2023 Hormel Foods Corporation. Visit our updated, Distributor/Logistics Provider of the Year, Food Automation & Manufacturing (FA&M) Conference & Expo. The following interview has been condensed and lightly edited for clarity. The companys supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. Wartburg College. We will continue working with our suppliers to reach our 100% traceability goal. All Rights Reserved. Agarwal will succeed J. Michael McGillis, who will continue in his role as president of CMTG. Smiley:I was fortunate enough to have really good mentors and more importantly, sponsors who advocated for me in different roles at GE. Hormel Foods values the long-standing relationships we have established with our suppliers. Robinson Worldwide, Inc. 2023 Hormel Foods Corporation. Completed initiatives have unlocked capacity and given the company the opportunity to fully meet demand. Leitch is well known in the food industry and has been involved in numerous organizations, associations and boards during his time with the company. Later, the IT team began phasing in Oracle Fusion Cloud Supply Chain Management (SCM). The company lives by its purpose statement Inspired People. Now, I had to integrate this business, and the people, including implementing SAP. The One Supply Chain team will continue to oversee the company's global supply chain. in order to automate as much as possible to reduce some of the manual work. Organic net sales were down 4% for the quarter. All Rights Reserved. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justins, Wholly Guacamole, Hormel Black Label and more than 30 other beloved brands. But regarding immediate challenges that weve faced, from a logistics standpoint, weve been flexible with how we actually secure trucks to transport goods. 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