| CEO Name | Jeffrey M. Ettinger |
| Nationality | United States |
| Net Worth Estimation | $60 million |
Jeffrey M. Ettinger, former CEO and current Chairman Emeritus of Hormel Foods, has accumulated an estimated net worth of around $60 million, largely due to his long-term tenure, executive compensation, and stock holdings in Hormel Foods Corporation. His wealth is further supported by board memberships, retirement packages, and other business investments.
Jeffrey M. Ettinger, CEO of Hormel Foodservice, has an estimated net worth of $60,000,000, which is 650% higher than the maximum estimated range ($8,000,000) for CEOs in the foodservice business category. This far exceeds the category's estimated net worth minimum of $10,000,000.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Jeffrey M. Ettinger Performance in Hormel Foodservice
Jeffrey M. Ettinger, CEO of Hormel Foodservice, demonstrated strategic leadership by driving innovation and operational efficiency, enhancing the company's market competitiveness. His decision-making focused on sustainable growth and product diversification, significantly improving revenue streams and shareholder value. Under Ettinger's tenure, Hormel Foodservice experienced notable performance gains, including strengthened brand presence and expanded distribution networks, solidifying its position in the foodservice industry.
Latest News
Hormel Foods announces interim CEO Jeffrey Ettinger and corporate restructuring efforts. Ettinger returned as interim CEO in July 2025, leading Hormel through a corporate restructuring that includes cutting approximately 250 corporate and sales roles to align with its strategic priorities and growth plans. John Ghingo serves as president, overseeing retail, foodservice, and international operations during this transition.
http://www.prnewswire.com/news-releases/hormel-foods-announces-corporate-restructuring-to-support-strategic-priorities-and-long-term-growth-302603817.html
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