Not independent
Tenure on this board
1.2 yrs
Meeting calendar
HRL · Annual meeting · Tuesday, January 27, 2026
Hormel Foods Corp
12 nominees · 4 ballot items.
Election of 12 directors, ratification of Ernst & Young LLP as independent registered public accounting firm, advisory vote on named executive officer compensation, and approval of the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.
Market cap
$14.1B
1Y TSR
-12.6%
Board grade
C-
Record date
Nov 28, 2025
Filing
DEF 14A
Meeting concluded · Jan 27, 2026
Follow how the vote landed and what changed on Hormel Foods Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot4
- 1
Election of Directors (12 nominees
ManagementBoard: FORElection of the 12 director nominees named in the proxy statement for a term expiring at the next annual meeting.
- 2
Ratification of Appointment of Ernst & Young LLP as Independent Registered Public Accounting Firm
ManagementBoard: FORRatification of EY as the company’s independent registered public accounting firm for the fiscal year ending October 25, 2026.
- 3
Approval, on an Advisory Basis, of Named Executive Officer Compensation
ManagementBoard: FORAdvisory vote on the compensation of the company’s named executive officers as disclosed in the proxy statement.
- 4
Approval of Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan
ManagementBoard: FORApproval of the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan, including 18,000,000 new shares, to replace the 2018 Plan.
Director elections
Nominees on the ballot12
Independent
Tenure on this board
12.0 yrs
Also a director at
Cno Financial Group Inc (CNO)
Not independent
Tenure on this board
1.3 yrs
Not independent
Tenure on this board
0.9 yrs
Independent
Tenure on this board
15.5 yrs
Independent
Tenure on this board
20.5 yrs
Independent
Tenure on this board
8.5 yrs
Also a director at
Keurig Dr Pepper Inc (KDP)
Independent
Tenure on this board
14.5 yrs
Also a director at
Corteva Inc (CTVA)
Independent
Tenure on this board
1.8 yrs
Independent
Tenure on this board
12.0 yrs
Independent
Tenure on this board
12.0 yrs
Also a director at
Ww Grainger Inc (GWW)
Independent
Tenure on this board
3.3 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | STATE STREET CORP | 5.0% | 27,478,133 | $622M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 3.5% | 19,273,214 | $437M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.7% | 14,683,128 | $333M |
| 4 | Invesco Ltd. | 2.5% | 13,906,585 | $315M |
| 5 | TWO SIGMA INVESTMENTS, LP | 2.2% | 11,986,728 | $271M |
| 6 | BlackRock, Inc. | 1.8% | 9,735,591 | $221M |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 1.3% | 7,212,236 | $163M |
| 8 | ProShare Advisors LLC | 1.2% | 6,822,917 | $155M |
| 9 | BlackRock, Inc. | 1.1% | 5,894,083 | $134M |
| 10 | DIMENSIONAL FUND ADVISORS LP | 1.1% | 5,887,692 | $133M |
Peers
Nearest market capOther Consumer Defensive sector meetings6
Upcoming shareholder meetings at Hormel Foods Corp’s closest sector peers — compare boards, ballots, and ownership across the cohort.
J M Smucker CoSJM
Annual meeting·Aug 12, 2026·$11.6B
Brown Forman CorpBF.B
Annual meeting·Jul 23, 2026·$11.5B
Albertsons Companies IncACI
Annual meeting·Aug 6, 2026·$7.2B
Constellation Brands IncSTZ
Annual meeting·Jul 22, 2026·$22.5B
Elf Beauty IncELF
Annual meeting·Aug 20, 2026·$4.4B
Spectrum Brands Holdings IncSPB
Annual meeting·Aug 5, 2026·$2.0B
Reference
Frequently asked questions
- When is the Hormel Foods Corp 2026 annual meeting?
- Hormel Foods Corp (HRL) holds its 2026 annual shareholder meeting on Tuesday, January 27, 2026.
- What is the record date for the Hormel Foods Corp 2026 meeting?
- The record date for the Hormel Foods Corp 2026 meeting is Friday, November 28, 2025. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Hormel Foods Corp's 2026 meeting?
- The board is presenting 12 director nominees at the Hormel Foods Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Hormel Foods Corp 2026 meeting?
- Shareholders will vote on 4 proposals at the Hormel Foods Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.