James P.  Snee net worth and biography

James Snee Biography and Net Worth

CEO of Hormel Foods

Jim Snee is chairman of the board, president and chief executive officer of Hormel Foods, a global branded food company with over $12 billion in annual revenue across more than 75 countries worldwide. Hormel Foods is a member of the S&P 500 Index and has been designated a S&P 500 Dividend King. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, WHOLLY® Guacamole, Hormel® Black Label® and more than 30 other beloved brands.

Jim is only the 10th president and chief executive officer in the company’s history. During his tenure as CEO, he has led the company’s continuing evolution as a global branded food company and its growing reputation as an award-winning corporate citizen by focusing on the food the company makes and the difference it makes in the world. Under Jim’s leadership, the company has been named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three straight years, is one of Fortune magazine’s most admired food companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list and was named one of America’s Most Responsible Companies by Newsweek, among others. In 2021, Jim received an honorable mention as one of the Most Responsible CEOs by PR Week Magazine.

His career with Hormel Foods spans more than a quarter century. He joined the company in 1989 and assumed roles of increasing responsibility throughout its divisions and at the company’s global headquarters. Jim was named vice president of affiliated business units in 2008, and in 2011 he advanced to leader of Hormel Foods International, overseeing the company’s growing global portfolio. He was named president and chief operating officer in October 2015 and chief executive officer in October 2016. He was elected chairman of the board in October 2017.

Jim is active in numerous industry and nonprofit boards and organizations, including the Republic Services (NYSE: RSG) board of directors and the executive board for the Thielen Foundation.

Jim earned a bachelor of arts degree in marketing from New Mexico State University (Las Cruces, N.M.) and a master’s degree in business administration from the University of St. Thomas in St. Paul, Minn. He has also participated in Harvard Business School’s executive leadership and management programs.

What is James P. Snee's net worth?

The estimated net worth of James P. Snee is at least $8.30 million as of December 8th, 2022. Mr. Snee owns 234,999 shares of Hormel Foods stock worth more than $8,300,165 as of April 28th. This net worth approximation does not reflect any other investments that Mr. Snee may own. Additionally, Mr. Snee receives an annual salary of $2,510,000.00 as CEO at Hormel Foods. Learn More about James P. Snee's net worth.

How old is James P. Snee?

Mr. Snee is currently 57 years old. There are 6 older executives and no younger executives at Hormel Foods. Learn More on James P. Snee's age.

What is James P. Snee's salary?

As the CEO of Hormel Foods Co., Mr. Snee earns $2,510,000.00 per year. Learn More on James P. Snee's salary.

How do I contact James P. Snee?

The corporate mailing address for Mr. Snee and other Hormel Foods executives is 1 HORMEL PL, AUSTIN MN, 55912. Hormel Foods can also be reached via phone at (507) 437-5611 and via email at [email protected]. Learn More on James P. Snee's contact information.

Has James P. Snee been buying or selling shares of Hormel Foods?

James P. Snee has not been actively trading shares of Hormel Foods within the last three months. Most recently, James P. Snee sold 31,283 shares of the business's stock in a transaction on Thursday, December 8th. The shares were sold at an average price of $47.66, for a transaction totalling $1,490,947.78. Following the completion of the sale, the chief executive officer now directly owns 234,999 shares of the company's stock, valued at $11,200,052.34. Learn More on James P. Snee's trading history.

Who are Hormel Foods' active insiders?

Hormel Foods' insider roster includes Deanna Brady (EVP), Mark Coffey (SVP), Patrick Connor (VP), Jana Haynes (VP), Gary Jamison (VP), Glenn Leitch (EVP), Pierre Lilly (SVP), Steven Lykken (VP), Lori Marco (VP), Luis Marconi (VP), Elsa Murano (Director), Kevin Myers (SVP), Susan Nestegard (Director), Swen Neufeldt (VP), Mark Ourada (VP), Christopher Policinski (Director), James Sheehan (CFO), James Snee (CEO), and James Splinter (VP). Learn More on Hormel Foods' active insiders.

Are insiders buying or selling shares of Hormel Foods?

During the last year, Hormel Foods insiders bought shares 1 times. They purchased a total of 1,454 shares worth more than $54,161.50. During the last year, insiders at the sold shares 11 times. They sold a total of 119,821 shares worth more than $4,321,713.66. The most recent insider tranaction occured on March, 28th when SVP Kevin L Myers sold 10,000 shares worth more than $349,500.00. Insiders at Hormel Foods own 0.7% of the company. Learn More about insider trades at Hormel Foods.

Information on this page was last updated on 3/28/2024.

James P. Snee Insider Trading History at Hormel Foods

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/8/2022Sell31,283$47.66$1,490,947.78234,999View SEC Filing Icon  
3/22/2019Sell27,752$43.49$1,206,934.4875,464View SEC Filing Icon  
8/28/2018Sell21,923$37.85$829,785.5549,326View SEC Filing Icon  
11/27/2017Sell7,616$34.16$260,162.56View SEC Filing Icon  
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James P. Snee Buying and Selling Activity at Hormel Foods

This chart shows James P Snee's buying and selling at Hormel Foods by year and by quarter.

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Hormel Foods Company Overview

Hormel Foods logo
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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Today's Range

Now: $35.32
Low: $35.10
High: $35.60

50 Day Range

MA: $33.84
Low: $28.99
High: $35.60

2 Week Range

Now: $35.32
Low: $28.51
High: $41.73

Volume

2,088,175 shs

Average Volume

2,357,894 shs

Market Capitalization

$19.34 billion

P/E Ratio

24.19

Dividend Yield

3.20%

Beta

0.27