AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE: HRL), announced the election of three new members to the Hormel Foods Board of Directors, effective July 28, 2014: Gary C. Bhojwani, chairman of Allianz Life Insurance Company of North America; Sally J. Smith, president and chief executive officer of Buffalo Wild Wings, Inc.; and Steven A. White, president, Comcast West Division.
“We welcome Gary, Sally and Steve to our board and look forward to their valuable input and contributions to the growth and success of Hormel Foods,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer of Hormel Foods.
Bhojwani
Bhojwani, 46, is chairman of Allianz Life Insurance
Company of North America (Allianz Life®) and a member of the
Board of Management of Allianz SE with responsibility for Insurance in
the USA. In this role, Bhojwani is responsible for overseeing both
Allianz Life and Fireman's Fund® Insurance Company. Bhojwani
joined Allianz Life in 2007 as president and chief executive officer and
drove a considerable increase in operating profit while significantly
improving employee morale, resulting in top workplace awards in 2010 and
2011. He currently serves as a director on the boards of the U.S.
Chamber of Commerce, the Minneapolis Institute of Arts, Teach for
America Twin Cities, the American Council of Life Insurers, and the
Financial Services Roundtable. In addition, he is an active member of
the Young Presidents' Organization (YPO).
Smith
As president and chief executive officer of
Minneapolis-based Buffalo Wild Wings, Inc., Smith, 56, leads one of the
nation's fastest-growing national restaurant chains, which includes more
than 1,030 restaurants in the United States, Canada and Mexico with
system-wide revenue of over $2.8 billion. Over the past ten years, the
company has achieved compounded annual revenue growth of 26 percent and
compounded annual net income growth of more than 35 percent. Smith
served as the 2011 chairman of the National Restaurant Association Board
of Directors. She is a director of Alerus Financial Corporation, Allina
Health System and is also a member of World Presidents' Organization and
Women Corporate Directors.
White
White, 53, currently serves as the president of
Comcast West Division. In this role, he is the senior executive
responsible for all Comcast cable operations in Arizona, California,
Colorado, Kansas, Minnesota, New Mexico, Oregon, Washington, Utah, Texas
and Wisconsin. He leads nearly 28,000 employees and serves more than
seven million customers, driving annual revenue of nearly $13 billion.
White currently serves on the Board of Directors of the Comcast
Foundation, COMPAC, WICT Northern California and Denver Scholarship
Foundation. In addition, he serves as a member of the Executive
Leadership Council (ELC), Delta Boulé and Colorado Forum.
About Hormel Foods
Hormel Foods Corporation, based in
Austin, Minn., is a multinational manufacturer and marketer of
consumer-branded food and meat products, many of which are among the
best known and trusted in the food industry. The company leverages its
extensive expertise, innovation and high competencies in pork and turkey
processing and marketing to bring branded, value-added products to the
global marketplace. The company is a member of the Standard & Poor's
(S&P) 500 Index, S&P Dividend Aristocrats for 2013, was named the 2013
Sustainable Supply Chain of the Year by Refrigerated & Frozen Foods
magazine, and was again named one of “The 100 Best Corporate Citizens”
by Corporate Responsibility Magazine for the sixth year in a row. Hormel
Foods was recognized on the G.I. Jobs magazine list of America’s Top 100
Military Friendly Employers in 2012 and 2013, and named one of the 2014
40 Best Companies for Leaders by Chief Executive magazine. The company
enjoys a strong reputation among consumers, retail grocers, foodservice
and industrial customers for products highly regarded for quality,
taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com.
