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Cold Foods Industry News

Binder to lead Hormel refrigerated foods

September 30, 2010

Meat, poultry and prepared foods giant Hormel Foods Corporation, Austin, Minn., said it promoted Steven G. Binder to executive vice president of refrigerated foods. Separately, officials also named Jody H. Feragen as executive vice president and chief financial officer.

“Steve and Jody have extensive knowledge of our business and help develop and execute our strategic direction daily,” said Jeffrey M. Ettinger, Hormel chairman, president and chief executive officer. “These promotions recognize their hard work and dedication to the company.”

Hormel said Feragen will continue to oversee all financial areas at Hormel Foods. She joined the company in 2000 as treasurer, assuming the title of vice president and treasurer in 2001. In 2005, she was promoted to vice president of finance and treasurer, and was named senior vice president and chief financial officer in 2007. Prior to joining Hormel Foods, she was assistant treasurer for National Computer Systems.

Binder will continue to lead the growth and profitability of the Refrigerated Foods division. He joined Hormel Foods in 1979 and progressed through numerous sales and management positions within the foodservice and meat products groups. He assumed his current position as group vice president refrigerated foods in 2007.

Hormel also announced the following appointments, effective November 1, 2010.

Ronald W. Fielding was named executive vice president of corporate strategy, planning and development. In his new role, Hormel said Fielding will focus on corporate direction and growth by continuing to oversee corporate strategy and the mergers and acquisitions process. Fielding also will manage consumer insights, corporate innovation and new channel development teams.

Thomas R. Day is being promoted to group vice president of foodservice, and will continue reporting to Binder. Day joined Hormel Foods in 1981 and advanced through several positions within the foodservice group. He became senior vice president of foodservice in 2007.

James M. Splinter, vice president of marketing for Hormel Foods consumer products in the Refrigerated Foods division, will become group vice president of Grocery Products and will assume responsibilities for this division from Fielding.

Steven J. Venenga will advance to director of marketing for meat products, and will report to Binder.

Separately, Hormel announced that James W. Cavanaugh, senior vice president of external affairs and general counsel, effective Jan. 30, 2011. Officials said Lori J. Marco will succeed Cavanaugh as vice president of external affairs and general counsel. She will oversee law, corporate communications and legislative and regulatory affairs.

Marco started her career at Hormel Foods in 2004 as a corporate attorney and was named senior attorney in 2007. Marco is a member of the Minnesota State Bar Association, American Intellectual Property Law Association and Minnesota Intellectual Property Law Association.


KEYWORDS: beef Hormel meat poultry refrigerated foods

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