Luis G. Marconi net worth and biography

Luis Marconi Biography and Net Worth

As group vice president for Grocery Products, Luis Marconi is responsible for the leadership and general direction of the company’s grocery business. 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.

Marconi began his career with Hormel Foods in 2000 as the manager of international sales and marketing in the international division. Prior to joining Hormel Foods, Marconi spent nine years in several international marketing roles at The Quaker Oats Company.

He advanced in 2006 to a senior role in the Grocery Products division as manager of international joint ventures. In 2009, when the MegaMex Foods joint venture was formed, Marconi was appointed managing director by the board of managers. He was named the vice president of Grocery Products marketing in 2012 and assumed his current role in 2016.

Marconi graduated from Pontifical Xaverian University in Colombia with a bachelor of science degree in industrial engineering and received his master of business administration degree from Icesi University. He is also a graduate of the University of Minnesota Carlson School of Management Executive Program in Minneapolis.

He and his wife, Juliana, have two children.

What is Luis G. Marconi's net worth?

The estimated net worth of Luis G. Marconi is at least $1.16 million as of September 9th, 2020. Mr. Marconi owns 24,704 shares of Hormel Foods stock worth more than $1,161,088 as of December 1st. This net worth approximation does not reflect any other investments that Mr. Marconi may own. Learn More about Luis G. Marconi's net worth.

How do I contact Luis G. Marconi?

The corporate mailing address for Mr. Marconi 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 Luis G. Marconi's contact information.

Has Luis G. Marconi been buying or selling shares of Hormel Foods?

Luis G. Marconi has not been actively trading shares of Hormel Foods within the last three months. Most recently, Luis G. Marconi sold 15,000 shares of the business's stock in a transaction on Monday, March 7th. The shares were sold at an average price of $52.02, for a transaction totalling $780,300.00. Learn More on Luis G. Marconi's trading history.

Who are Hormel Foods' active insiders?

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

Are insiders buying or selling shares of Hormel Foods?

During the last year, insiders at the sold shares 11 times. They sold a total of 81,846 shares worth more than $4,095,095.48. The most recent insider tranaction occured on September, 9th when SVP Kevin L Myers sold 5,000 shares worth more than $236,000.00. Insiders at Hormel Foods own 0.8 % of the company. Learn More about insider trades at Hormel Foods.

Information on this page was last updated on 9/9/2022.

Luis G. Marconi Insider Trading History at Hormel Foods

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/7/2022Sell15,000$52.02$780,300.00View SEC Filing Icon  
3/4/2022Sell3,493$51.73$180,692.89View SEC Filing Icon  
9/9/2020Sell8,275$51.00$422,025.0024,704View SEC Filing Icon  
4/2/2020Sell11,900$47.58$566,202.0036,675View SEC Filing Icon  
3/27/2019Sell5,700$44.06$251,142.00View SEC Filing Icon  
11/26/2018Sell28,700$45.54$1,306,998.0021,870View SEC Filing Icon  
3/13/2018Sell1,000$33.88$33,880.0021,532View SEC Filing Icon  
6/14/2017Sell1,300$34.81$45,253.0022,532View SEC Filing Icon  
See Full Table

Luis G. Marconi Buying and Selling Activity at Hormel Foods

This chart shows Luis G Marconi's buying and selling at Hormel Foods by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Hormel Foods Company Overview

Hormel Foods logo
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It 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, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names 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.
Read More

Today's Range

Now: $47.28
Low: $46.62
High: $47.33

50 Day Range

MA: $46.70
Low: $44.54
High: $49.41

2 Week Range

Now: $47.28
Low: $41.25
High: $55.11

Volume

47,397 shs

Average Volume

1,372,628 shs

Market Capitalization

$25.82 billion

P/E Ratio

25.84

Dividend Yield

2.16%

Beta

0.19
Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
See This Special Report to Get the Full Story