Hormel Foods 24 years 11 months Asst Director-Customer Supply Chain Nov 2022 - Present6 months Austin, Minnesota, United States Manager of Logistics Jul 2014 - Nov 20228 years 5 months. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly, Hormel Black Label, Columbus and more than 30 other beloved brands. 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. What was at the top of your agenda when you became CFO? During his 18 years at Motorola, he was a part of six acquisitions and saw the companys name change from Motorola Home to Motorola Mobility, a Google Company, to ARRIS and in 2019 to CommScope. But regarding immediate challenges that weve faced, from a logistics standpoint, weve been flexible with how we actually secure trucks to transport goods. Bauer most recently served as EVP and CFO at Nuverra Environmental Solutions (NYSE: NES). Since then, she has held several increasingly senior finance roles in all Shells major businesses, in Europe, North America and latterly globally. The move is part of the company's plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-term growth. 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. Lykken was most recently president of Applegate, a Hormel Foods company. help you have the best experience while on the site. As it heads into the new year, Hormel has made investments to increase capacity including upcoming plants in Iowa and Nebraska, slated to open in the first quarter and first half, respectively . We thank him for his leadership and his expertise and wish him the very best in his well-deserved retirement.". So, I was also the leader from an IT perspective in getting this new system in place. Jen Ehresmann Elevated to Vice President, Supply Chain 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. Hormel CEO: Planters acquisition 'checks all the boxes for us' ( Feb 11, 2021, CNBC Television) This post is based on the Forbes article, Hormel Foods Unlocks Supply Chain Capacity To Drive $2.5 Billion Sales Growth, by Rose Celestin, March 16, 2021, and the YouTube video in the Spotlight. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. Offers may be subject to change without notice. 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.". In addition, we work closely with our palm oil and South American beef suppliers to ensure they comply with these principles as well as additional requirements we have outlined. Its global supply chain will continue to be overseen by its One Supply Chain team. Design, CMS, Hosting & Web Development :: ePublishing. Thomas Eterginowas namedCFO at 1stDibs(Nasdaq: DIBS), an e-commerce company that sells luxury items. About 71% of Gen Z and 68% of millennial respondents prefer cashless payment options when paying for larger services like home repairs. Develops and implements a strategy to ensure that critical processes run effectively and achieve organizational goals and performance KPIs. Chad Pariswas named the next CFO atThe Marcus Corporation(NYSE: MCS). Contact: Media Relations 507-434-6352 media@hormel.com, View original content to download multimedia:http://www.prnewswire.com/news-releases/hormel-foods-announces-the-retirement-of-glenn-leitch-executive-vice-president-supply-chain-301219416.html, Mark Coffey to Advance to Group Vice President, Supply Chain, for Hormel Foods Global Operations. Mark Coffey, Group VP of Supply Chain at Hormel. Senior Vice President and Chief Compliance Officer, Director since November 2018; Lead Director since 2023, Former Chairman of the Board, President and Chief Executive Officer, Director of Norman Borlaug Institute for International Agriculture, Former President and Chief Executive Officer, Former Vice Chairman and Chief Financial Officer of Archer-Daniels-Midland Company. "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. Shes the companys second female CFO. Visit our updated, Distributor/Logistics Provider of the Year, Food Automation & Manufacturing (FA&M) Conference & Expo. It reported net sales of $11.4 billion in fiscal 2021, a year-over-year increase of 19%. The company lives by its purpose statement Inspired People. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Organic sales increased 13% for the quarter. Jai Agarwalwas named CFO atClaros Mortgage Trust, Inc. (NYSE: CMTG). Mehul Patelwas named CFO atMinim, Inc., (Nasdaq: MINM), a creator of WiFi software and Motorola home networking products, effective March 21. Design, CMS, Hosting & Web Development :: Mark Coffey, newgroup vice president of supply chain for Hormel, and Jen Ehresmann, new vice president of supply chain. "We also expect significant synergies as we integrate this business into our One Supply Chain and Project Orion system.". These generations are also spending at greater rates. AUSTIN, MINN. - Hormel Foods Corp. has been hampered by supply chain constraints for much of the pandemic. By closing this message or continuing to use our site, you agree to the use of cookies. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Mr. Coffey is now working as senior vice president of supply chain and manufacturing and Ms. Ehresmanns current role is director of customer logistics and strategy. In calendar year 2021, our purchasing spend with small and diverse businesses was $1.3 billion. 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. We actually have a team of about 24 data engineers and data scientists. Earlier in his career, Paris served as audit senior manager for Deloitte & Touche LLP. Its brands include SKIPPY, SPAM, HormelNatural Choice, Applegate, Justin's, Wholly, HormelBlack Label, Columbus and more than 30 other beloved brands. Hormel Foods Corporation is an equal opportunity employer. All Rights Reserved. For more information on each of these leaders, visit www.hormelfoods.com. She previously held the role of senior vice president of commodity and supply chain with Jennie-O Turkey Store. Leitch is well known in the food industry and has been involved in numerous organizations, associations and boards during his time with the company. He was elevated to his current role in 2017. It expanded production capacity and enhanced capabilities for two major supply chain milestones, including opening a new dry sausage production facility in Omaha, Nebraska, and opening its pizza toppings expansion at Burke corporation manufacturing facility in Iowa. The company also announced that Steve Lykken has been named senior vice president, Hormel Foods and president, Jennie-O Turkey Store. All Rights Reserved. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Columbus, Wholly guacamole, Hormel Black Label and more than 30 other beloved brands. Additionally, Hormel Foods is also expanding with itsacquisition of Planters, which is expected to close in Q2 2021, subject to regulatory review and approval. The company also announced that Steve Lykken has been named senior vice president, Hormel Foods and president, Jennie-O Turkey Store. Jacinth Smiley, EVP, CFO at Hormel Foods / Photo courtesy of Hormel Foods, The 5 best supplements for healthy aging, according to a longevity expert, Elon Musk says he learned a lot today after cancelling SpaceXs giant rocket launch at last minute. Inspired Food.. Coffey is now working as senior vice president of supply chain and manufacturing and Ehresmanns current role is director of customer logistics and strategy. C.H. I had an accounting teacher, and she was just amazing, Smiley told me. He also served as a private equity professional at Avista Capital Partners. Our ingredient suppliers are subject to additional measurements to further ensure quality and food safety. Notably, the meatpacking industry saw an enormous burden on producers and consumers, leading to reduced meat production and higher prices. Completed initiatives have unlocked capacity and given the company the opportunity to fully meet demand. Acquisition of the Iconic Planters Brand is a Continuation of the Company's Evolution as a Global Branded Food Company Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that it has entered into a definitive agreement to acquire the Planters snack nut portfolio from the Kraft Heinz Company (Nasdaq: KHC). RMI Cobalt Refiner Supply Chain Due Diligence Standard . 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. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. In terms of finance being a business partner, one of the things we have been doing is really arming the supply chain leader with data that helps him with decision-making, such as, whats the most profitable product that we should make? He joined Jennie-O Turkey Store in 1996 and was promoted to senior vice president of the commodity and supply division in 2001. "Mark has had an outstanding career with Hormel Foods," Snee said. Douglas A. Neis, current EVP and CFO, will retire on May 15, after 36 years of service. 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