Hormel Foods Announces New Leadership Hire

AUSTIN, Minn., Aug. 9, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the appointment of Stephen Koven as vice president of digital experience. Koven will report to Jim Splinter, group vice president of corporate strategy. His responsibilities will include developing digital strategies and leading teams to cohesively build, align and execute digital marketing and sales plans.

Koven will direct and lead the four teams within the company's recently formed digital experience group, including:

• Digital marketing;
• Shopper engagement;
• Digital strategy and innovation; and
• Digital data analytics and insights.

"I am pleased to welcome Stephen to Hormel Foods," Splinter said. "He brings a wealth of knowledge and experience to the company, and we look forward to his leadership in building our digital competencies as well as transforming our digital experience for consumers, customers and the company."

Koven brings extensive digital, marketing, sales and brand management experience to Hormel Foods, from companies including The Dial Corporation and The Clorox Company. Koven also spent time at Price Waterhouse and Accenture in tax and finance roles.

Koven received his Bachelor of Business Administration and Master in Professional Accounting from The University of Texas at Austin and later his Master of Business Administration from the Kellogg School of Management at Northwestern University in Evanston, Ill.

About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY^®, SPAM^®, Hormel^® Natural Choice^®, Applegate^®, Justin's^®, Wholly Guacamole^®, Hormel^® Black Label^® and more than 30 other beloved brands. 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. In 2016, the company celebrated its 125^th anniversary and announced its new vision for the future - Inspired People. Inspired Food.™ - focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and http://2015csr.hormelfoods.com/.

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SOURCE Hormel Foods Corporation

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