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Hormel Foods logoHormel Foods HRL

The company said on February February 1, 2024, Mark Coffey, group vice president of supply chain, will retire at the end of the second quarter of fiscal 2024, Q2.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said on February February 1, 2024, Mark Coffey, group vice president of supply chain, will retire at the end of the second quarter of fiscal 2024, Q2.

  2. The company said Steve Lykken, group vice president of Jennie-O Turkey Store, will advance to group vice president of supply chain. In this role, Lykken will lead the One Supply Chain organization, including procurement, manufacturing, engineering, logistics, research and development, quality management and plant operations.

  3. Hormel Foods said Mark Coffey joined the company as a supervisor at the Ottumwa (Iowa) plant in 1985, was named plant manager of the flagship Austin (Minnesota) plant in 2005, was named vice president of the affiliated businesses group in 2011, and was named group vice president of supply chain in 2021.

  4. The company said Steve Lykken joined Hormel Foods as a sales account executive in 1992, was named chief operating officer of Applegate Farms in 2015, was promoted to president of the same company in 2016, and assumed the role of group vice president of Jennie-O Turkey Store in 2021.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Mark Coffey Retirement Announced

The company said on February February 1, 2024, Mark Coffey, group vice president of supply chain, will retire at the end of the second quarter of fiscal 2024, Q2.

Source · Based on the filing body and exhibits

Steve Lykken Named Successor

The company said Steve Lykken, group vice president of Jennie-O Turkey Store, will advance to group vice president of supply chain. In this role, Lykken will lead the One Supply Chain organization, including procurement, manufacturing, engineering, logistics, research and development, quality management and plant operations.

Source · Based on the filing body and exhibits

Mark Coffey's Career History

Hormel Foods said Mark Coffey joined the company as a supervisor at the Ottumwa (Iowa) plant in 1985, was named plant manager of the flagship Austin (Minnesota) plant in 2005, was named vice president of the affiliated businesses group in 2011, and was named group vice president of supply chain in 2021.

Source · Based on the filing body and exhibits

Steve Lykken's Career History

The company said Steve Lykken joined Hormel Foods as a sales account executive in 1992, was named chief operating officer of Applegate Farms in 2015, was promoted to president of the same company in 2016, and assumed the role of group vice president of Jennie-O Turkey Store in 2021.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.