Mark Coffey - Hormel Foods President

HRL Stock  USD 30.18  0.28  0.92%   

President

Mr. Mark A. Coffey serves as Senior Vice President Supply Chain Manufacturing of Hormel Foods Corporationrationration. Coffey started his career with Hormel Foods as a relief supervisor at the Ottumwa Plant in 1985. He held a variety of positions at several locations before moving to the Corporationrationrate Office in 1991 as product manufacturing manager for cured and smoked meats. Coffey was promoted to plant manager at the Houston Plant in 1995 and held this position at Dold Foods, Osceola Foods and the Fremont Plant before being named plant manager of the Austin Plant in 2005. He was named vice president of affiliated businesses, Refrigerated Foods in 2011. He earned a bachelor of arts degree in business and systems management from Central College in Pella, Iowa, and is a graduate of the University of Minnesota, Carlson School of Management Executive Program. Coffey serves on the board of directors of Applegate Farms, JennieO Turkey Store, CytoSport, Austin Area Foundation, Austin Country Club and Mayo Clinic Health SystemsAustinAlbert Lea. since 2021.
Age 58
Tenure 4 years
Phone507 437 5611
Webhttps://www.hormelfoods.com

Mark Coffey Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mark Coffey against Hormel Foods stock is an integral part of due diligence when investing in Hormel Foods. Mark Coffey insider activity provides valuable insight into whether Hormel Foods is net buyers or sellers over its current business cycle. Note, Hormel Foods insiders must abide by specific rules, including filing SEC forms every time they buy or sell Hormel Foods'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Hormel Foods Management Efficiency

The company has Return on Asset of 0.0516 % which means that on every $100 spent on assets, it made $0.0516 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1001 %, implying that it generated $0.1001 on every 100 dollars invested. Hormel Foods' management efficiency ratios could be used to measure how well Hormel Foods manages its routine affairs as well as how well it operates its assets and liabilities.
Hormel Foods has 2.86 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Hormel Foods has a current ratio of 2.35, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Hormel to invest in growth at high rates of return.

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Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. Hormel Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. Hormel Foods (HRL) is traded on New York Stock Exchange in USA. It is located in 1 Hormel Place, Austin, MN, United States, 55912-3680 and employs 20,000 people. Hormel Foods is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Hormel Foods Leadership Team

Elected by the shareholders, the Hormel Foods' board of directors comprises two types of representatives: Hormel Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hormel. The board's role is to monitor Hormel Foods' management team and ensure that shareholders' interests are well served. Hormel Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hormel Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
Terrel Crews, Independent Director
Nathan Annis, IR Contact Officer
Gary Jamison, Vice President Treasurer
Kevin Myers, Senior Vice President - Research & Development, Quality Control
Christopher Policinski, Lead Independent Director
Patrick Connor, Group Vice President/President Consumer Product Sales
Sally Smith, Independent Director
Colleen JD, Senior Counsel
Gary Bhojwani, Independent Director
Prama Bhatt, Independent Director
Wendy Watkins, Senior Vice President Chief Communications Officer
Scott Aakre, Group Business
Mark Coffey, Senior Vice President - Supply Chain and Manufacturing
Pierre Lilly, Senior Vice President Chief Compliance Officer
Lisa Selk, Senior Fuel
Dakota Pippins, Independent Director
James Snee, Group Vice President; President of Hormel Foods International Corporation
Glenn Leitch, Group VP and President of Jennie-O Turkey Store Inc
Janet Hogan, Senior Vice President of Human Resources
Lori Marco, Senior Vice President - External Affairs and General Counsel
Luis Marconi, Group Vice President - Grocery Products
Jeffery Frank, Group Vice President - Grocery Products
Susan Nestegard, Independent Director
Steven White, Independent Director
Katie Larson, VP HR
Elsa Murano, Independent Director
Colleen Batcheler, Senior Counsel
WILLIAM Newlands, Independent Director
Jacinth Smiley, Chief Financial Officer, Executive Vice President
Katherine Larson, Senior Resources
Eldon Quam, Assistant Controller
Stephen Lacy, Independent Director
James Sheehan, Chief Financial Officer, Executive Vice President
Larry Vorpahl, Group Vice President/President of Hormel Foods International Corporation
Katie Clark, Senior Officer
Jana Haynes, Director of Investor Relations
Deanna Brady, Group Vice President, President - Consumer Product Sales
Paul Kuehneman, Vice President, Controller
Jacinth CPA, Executive CFO
Jeff Frank, Vice President - Food Service Marketing
David Dahlstrom, Director Relations
Swen Neufeldt, Group Vice President - Hormel Foods International Corporation
Steven Lykken, Senior Vice President and President - Jennie-O Turkey Store, Inc.
Thomas Day, Executive Vice President - Refrigerated Foods
Jose Prado, Independent Director
Leslie Lee, Vice President - Digital Experience

Hormel Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hormel Foods a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.