Hormel Foods Corporation Announces Retirement of Three Senior Executives

    AUSTIN, Minn., Oct. 9 /PRNewswire/ -- Hormel Foods Corporation
 (NYSE:   HRL), a multinational meat and food processor, today announced the
 planned retirements at the end of the year of three senior executives.
     James W. Cole, group vice president of foodservice, Jerry C. Figenskau,
 vice president of specialty products, and Kenneth P. Regner, vice president of
 engineering, will conclude distinguished careers with the corporation on
 Dec. 31.  "These longstanding company officers have contributed greatly to the
 corporation during their many decades of service," said Joel W. Johnson,
 chairman of the board, president and chief executive officer.  "I would like
 to acknowledge with gratitude the important role each has made to the success
 of our company."
     With these retirements, Hormel Foods has announced several advancements.
 Steven G. Binder, director of foodservice sales, was promoted to vice
 president of foodservice.  Paul S. Jacobson, director of sales and marketing
 with the Specialty Products Division, was named director of specialty
 products.  Larry J. Pfeil, corporate manager of engineering, was advanced to
 director of engineering.
 
     Cole
     Cole has served in several top management positions with Hormel Foods and
 its subsidiaries, accumulating nearly 40 years of sales and marketing
 experience.  Former president and chief operating officer of Farm Fresh
 Catfish Company, he was later president, chairman and chief executive office
 of FDL, Marketing Inc., based in Dubuque, Iowa.
     In August 1990, Cole was promoted to group vice president of foodservice
 for Hormel Foods in Austin.  He was elected to the Hormel Foods Board of
 Directors and named to the executive committee in November 1990.
 
     Binder
     In his new capacity, Binder will have nationwide responsibility for the
 corporation's foodservice sales and marketing functions.  The Foodservice
 Group is comprised of 250 members and works with foodservice distributors
 across the United States.
     Binder has devoted much of his 19-year career to the Foodservice Group.
 He began as a foodservice sales representative in Jacksonville, Fla., in July
 1979, and later served in Orlando, Fla., Indianapolis, Ind., and Oklahoma
 City, Okla.
     In January 1986, Binder was promoted to manager of national accounts at
 the Corporate Offices in Austin and, one and one-half years afterward, was
 named meat products district manager in Indianapolis.  In October 1990, he
 began new duties as foodservice area manager at Cincinnati, Ohio, and, three
 years later, returned to the Corporate Offices as foodservice regional sales
 manager of the Southeast Region and corporate national accounts manager.  He
 was advanced to director of foodservice sales in November 1996.
     Binder is a graduate of Southwest State University in Marshall, Minn.,
 with a Bachelor of Science degree in business administration.
 
     Figenskau
     Figenskau will conclude a longtime Hormel Foods career that began in
 September 1961 with the Grocery Products Division sales force.  During the
 ensuing years, he was product manager, national sales and marketing manager of
 retail frozen foods, regional sales manager and director of grocery products
 marketing.
     In February 1987, Figenskau was elected senior vice president of sales and
 marketing with Jennie-O Foods in Willmar, Minn., and, in July 1989, became
 director of marketing services at the Hormel Foods Corporate Offices.  In
 January 1993, he was promoted to director of the Specialty Products Division
 and, one year later, was elected vice president of specialty products.
 
     Jacobson
     As director of specialty products, Jacobson will be responsible for the
 sales and marketing of bulk and private label products.  Two major brands
 handled by the division are Building Blocks(R) concentrated meat stock and
 Coretrate(R) sugarless gelatin dessert mix.
     An employee for 21 years, Jacobson started with the corporation in May
 1977 as a sales merchandiser for the Grocery Products Division with the Metro
 (N.Y.) district.  In August 1987, he joined the Specialty Products Division as
 eastern area manager at Cedar Knolls, N.J., and was advanced to director of
 sales and marketing for the division in July 1995.
     Jacobson is a 1977 graduate of Western Michigan University in Kalamazoo
 where he received a Bachelor of Business Administration degree in marketing.
 
     Regner
     Regner has devoted his entire career to the engineering division with
 Hormel Foods, starting at the Austin plant in November 1957.  He served in
 various engineering capacities at plants in Los Angeles, Calif., Atlanta, Ga.,
 Beloit, Wis., and Ottumwa, Iowa, before returning as corporate manager of
 plant engineering at the Corporate Offices in December 1981.
     In April 1986, Regner was advanced to director of engineering and became
 corporate director of engineering in May 1989.  Eight months later, he was
 elected vice president of engineering.
 
     Pfeil
     As director of engineering, Pfeil will oversee all aspects of engineering
 corporatewide.  He will be responsible for all mechanical, electrical and
 civil engineering activities at company facilities, as well as plant
 engineering functions.
     Pfeil, an employee for 26 years, started his career as a staff engineer in
 January 1972 at the Corporate Offices.  Five years later, he was named senior
 staff engineer and, in July 1979, became supervising staff engineer.
     In July 1988, Pfeil transferred to the Fremont (Neb.) plant as supervisor
 of maintenance and engineering and, in October 1989, went to the Austin plant
 as manager of plant engineering.  He returned to the Corporate Offices in
 December 1993 as corporate manager of project engineering and was promoted to
 corporate manager of engineering in January 1997.
     Pfeil received a Bachelor of Science degree in civil engineering at the
 University of Wisconsin-Platteville.
 
 

SOURCE Hormel Foods

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