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Βι¶ΉΣ³»­ Announces Executive Retirement

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Austin, Minn.

Don Kremin, group vice president of Specialty Foods to retire

Βι¶ΉΣ³»­ (NYSE: HRL) today announced the retirement of Don Kremin, group vice president of Specialty Foods. In his 34-year career with Βι¶ΉΣ³»­, Kremin held various management and leadership positions within the company’s Grocery Products, Consumer Products Sales (CPS) and Specialty Foods businesses.

“During his more than three decades with Βι¶ΉΣ³»­, Don has built a reputation for an unwavering commitment to our customers’ success while helping this company achieve record results,” said Jim Snee, chairman of the board, president and CEO. “Don provided exceptional leadership to our CPS team serving Walmart. He was also instrumental in the successful acquisition of CytoSport in 2014 and the ongoing development of the Muscle Milk® brand’s line of new products. He’s been a valuable member of our executive leadership team and we wish him a long and happy retirement.”

Kremin’s Career
Kremin joined Βι¶ΉΣ³»­ in 1984 in Grocery Products in Lenexa, Kan., holding various sales and management positions throughout the Midwest. In 2005, Kremin was named director of the Walmart business team and vice president of CPS in Bentonville, Ark. He was promoted to vice president of Βι¶ΉΣ³»­ and senior vice president of the CPS division for the Walmart business in 2007.

Don’s leadership and the efforts of his team resulted in the company being awarded Walmart Supplier of the Year for overall best supplier performance and partnership in 2011. The award recognized Βι¶ΉΣ³»­ for a track record of successful innovation and years of consistent growth. Kremin assumed the leadership role of Specialty Foods in 2011.

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

Βι¶ΉΣ³»­, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, Wholly Guacamole®, 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 one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the tenth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and /global-impact/.