Jeff Baker Named Group Vice President for Retail Marketing at Hormel Foods
Rhea-AI Summary
Hormel Foods (NYSE: HRL) has announced that Jeff Baker will become the new group vice president for Retail marketing at the end of fiscal 2025, succeeding Scott Aakre who is retiring. Baker, a 35-year veteran at Hormel, will be responsible for evolving the company's brand portfolio, enhancing its presence in snacking and entertaining, and driving growth in its food-forward portfolio.
Baker's extensive career at Hormel began in 1990, progressing through various roles in sales, product management, and marketing. His previous positions include vice president of marketing for Foodservice (2012), group vice president of Foodservice (2015), group vice president of Deli (2018), and his current role as group vice president of Retail marketing for Value-Added Meats (2022).
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News Market Reaction
On the day this news was published, HRL gained 1.23%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Baker will assume the role at the end of the fiscal year following the planned retirement of Scott Aakre
Baker, a 35-year Hormel Foods veteran, joined the company in 1990 and held various positions of increasing responsibility from sales to product management to marketing. He advanced to vice president of marketing, Foodservice in 2012 and was promoted to group vice president of Foodservice in 2015. In 2018, he was named group vice president of Deli and assumed his current role in 2022.
"Jeff is one of our most seasoned executives and has a strong track record of growth and a reputation for strategic thinking," said Jim Snee, president and chief executive officer, Hormel Foods. "I'm confident that under his guidance, our brands will continue to grow, evolve and stay closely connected to the needs of today's consumers."
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SOURCE Hormel Foods Corporation