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Βι¶ΉΣ³»­ Announces Advancement of Paul Kuehneman to Vice President and Controller

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Austin, Minn.

Βι¶ΉΣ³»­ (NYSE: HRL), a Fortune 500 global branded food company, today announced that Paul Kuehneman has advanced to the position of vice president and controller.

Kuehneman succeeds Jana Haynes, who recently announced her departure from Βι¶ΉΣ³»­.

“We thank Jana for the many contributions she has made to Βι¶ΉΣ³»­ and wish her the best,” said Jim Snee, chairman of the board, president and chief executive officer of Βι¶ΉΣ³»­. “Paul is ideally positioned to assume the role of vice president and controller, with more than 25 years of finance, accounting and audit experience with Βι¶ΉΣ³»­. He is highly regarded and has in-depth knowledge of our business and exceptional financial acumen.”

As vice president and controller, Kuehneman is responsible for financial policies, internal controls, and financial reporting, as well as the general accounting, cost and business-unit accounting functions of the company. He will report to Jacinth Smiley, executive vice president and chief financial officer of Βι¶ΉΣ³»­.

Most recently, Kuehneman was assistant controller, a role he assumed in November of 2020, after several years as vice president and chief financial officer for Jennie-O Turkey Store, a Βι¶ΉΣ³»­ subsidiary. Kuehneman joined Βι¶ΉΣ³»­ in 1993 and has held various accounting, finance and internal audit roles with the company. Kuehneman earned his bachelor’s degree in accounting from Northwest Missouri State University and is a Certified Public Accountant (CPA). He is active in numerous community organizations.

Βι¶ΉΣ³»­ Βι¶ΉΣ³»­ – Inspired People. Inspired Food.™

Βι¶ΉΣ³»­, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenues across 75 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, Wholly®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for the 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and /global-impact/.