Lori J.  Marco net worth and biography

Lori Marco Biography and Net Worth

As senior vice president of external affairs and general counsel for Hormel Foods, Lori Marco leads all legal functions of Hormel Foods Corporation including the law department, legislative affairs, corporate brand design services, records and information management, and regulatory affairs, labeling and formulation. As the chief legal officer, Marco is also responsible for managing risk and overseeing all corporate transactions, litigation and corporate governance and securities.

Hormel Foods is a global branded food company with over $11.4 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. 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 other awards and accolades for its corporate responsibility and community service efforts.

Prior to joining Hormel Foods, Marco practiced at a private law firm in Minneapolis, where she concentrated on intellectual property litigation. She started her career at Hormel Foods in 2004 as a corporate attorney and was named senior attorney in 2007. In 2011, Marco was named vice president of external affairs and general counsel and was promoted to senior vice president in 2015.

She holds a Bachelor of Arts degree in biology from the University of Minnesota-Morris, and a law degree from the University of Minnesota Law School, where she graduated Magna Cum Laude and was elected to the Order of the Coif. Marco is also a graduate of the Minnesota Executive Program at the University of Minnesota Carlson School of Management and the Leadership in Corporate Counsel Program at Harvard Law School. She is also a registered patent attorney.

In addition to her professional involvement, Marco is involved in numerous professional and nonprofit organizations. She serves on the board of the Austin Public Education Foundation, is a Board Trustee for the Minnesota Zoo Foundation and is a Mensa member.

What is Lori J. Marco's net worth?

The estimated net worth of Lori J. Marco is at least $2.69 million as of September 3rd, 2020. Ms. Marco owns 76,302 shares of Hormel Foods stock worth more than $2,694,987 as of April 26th. This net worth estimate does not reflect any other investments that Ms. Marco may own. Learn More about Lori J. Marco's net worth.

How do I contact Lori J. Marco?

The corporate mailing address for Ms. Marco 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 Lori J. Marco's contact information.

Has Lori J. Marco been buying or selling shares of Hormel Foods?

Lori J. Marco has not been actively trading shares of Hormel Foods during the last quarter. Most recently, Lori J. Marco sold 41,714 shares of the business's stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $51.41, for a transaction totalling $2,144,516.74. Following the completion of the sale, the vice president now directly owns 76,302 shares of the company's stock, valued at $3,922,685.82. Learn More on Lori J. Marco'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.

Lori J. Marco Insider Trading History at Hormel Foods

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/3/2020Sell41,714$51.41$2,144,516.7476,302View SEC Filing Icon  
4/8/2020Sell10,373$47.50$492,717.5064,254View SEC Filing Icon  
12/2/2019Sell11,000$45.08$495,880.0036,178View SEC Filing Icon  
4/11/2019Sell13,000$41.56$540,280.0048,304View SEC Filing Icon  
9/11/2018Sell7,000$41.50$290,500.0055,879View SEC Filing Icon  
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Lori J. Marco Buying and Selling Activity at Hormel Foods

This chart shows Lori J Marco'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: $33.71
Low: $28.99
High: $35.60

2 Week Range

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

Volume

2,043,680 shs

Average Volume

3,077,666 shs

Market Capitalization

$19.34 billion

P/E Ratio

24.19

Dividend Yield

3.17%

Beta

0.27