Alexander KarpAlexander Karp earned $1B in 2024

In 2016, Jeffrey M. Ettinger earned $1.08M in total compensation at Hormel Foods, including $1.02M salary and $400.00 bonus. Most recently acquired 10,674 shares in Mar 2025. Currently holds stock worth $29.70M. Has donated $181.87K in stock to charitable causes. Led Hormel Foods as CEO for 10 years.

Compensation History

Annual executive compensation data for Jeffrey M. Ettinger, including salary, bonuses, and stock awards.

Year

2016

Total Compensation

$1.08M

Salary

$1.02M

Bonus

$400.00

Other

$57.79K

Salary

$1.02M

Board Justification

The compensation programs are designed to attract, retain, and incentivize executive officers to create stockholder value, with a strong pay-for-performance philosophy.

Bonus

$400.00

Board Justification

Consists of a discretionary bonus that was paid, in the same amount, to all other eligible employees.

Other Compensation

$57.79K

Board Justification

Includes Joint Earnings Profit Sharing distributions, Company 401k Match, use of Company car, use of Company properties, and physical exams.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards were vested in 2016.

Performance Metrics

Compensation is based on Company performance metrics including earnings per share (EPS) and earnings before interest and taxes (EBIT).

H

Jeffrey M. Ettinger

Ex-CEO of Hormel Foods

Education

Not specified

Field of Expertise

Business & Management - Business Management

Sector of Economy

Consumer Defensive

Born

January 1, 1959 - 66 years ago

CEO of Hormel Foods for

10 years 9 months (Jan 2006 - Oct 2016)

Previous Experience

Various positions in the Company since 1989, including Vice President and President of Jennie-O Foods

Holdings

Track Jeffrey M. Ettinger's stock holdings and portfolio value over time.

Total Stock Sold

$351.69K

TTC

$130.03K

1,796 TTC shares

HRL

$221.66K

7,472 HRL shares

What if they kept their stock?

If Jeffrey M. Ettinger didn't sell their stock, today they would have:
Extra TTC1,796 shares worth $127.86K and HRL7,472 shares worth $181.87K.
This is -11.93% and $41.96K less than what they got when they sold the stock.

Charitable Transactions

HRL

7,472 shares

HRL

Recent Charitable Transactions

HRL

3,736 shares

HRL

Aug 26, 2015

Charity

Insider Trading

Jeffrey M. Ettinger's recent stock transactions, purchases, and sales filed with the SEC.

HRL

$320.01K

HRL at $29.98/share

Mar 21, 2025

Received

TTC

966 shares

TTC

Dec 15, 2022

Received

TTC

939 shares

TTC

Nov 1, 2022

Received

TTC

$105.48K

TTC at $98.03/share

Dec 15, 2021

Received

TTC

717 shares

TTC

Nov 1, 2021

Received

TTC

$52.67K

TTC at $92.56/share

Dec 15, 2020

Received

TTC

807 shares

TTC

Nov 2, 2020

Received

TTC

$130.81K

TTC at $72.83/share

Jun 9, 2020

Sale

TTC

$100.83K

TTC at $79.90/share

Dec 16, 2019

Received

TTC

892 shares

TTC

Nov 1, 2019

Received

Rivals

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