Mark Ourada Biography and Net Worth

Mark Ourada is group vice president of foodservice at Hormel Foods. In this position, he is responsible for the sales and marketing of foodservice products within the United States. Hormel Foods is 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. 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.

Ourada began his career at Hormel Foods in 1988 as a relief sales and merchandiser in Minneapolis, and was promoted to sales representative and territory manager the same year. A year later, he became a foodservice sales representative in San Antonio, Texas. In 1993, he became the foodservice account manager in Denver and in 1995, was promoted to foodservice account executive. In 1998, he moved back to Minneapolis as a foodservice area manager and in 2001, advanced to area manager, foodservice sales in Cincinnati and became the regional sales manager there in 2005. He assumed the role of vice president of foodservice sales in October 2013 and assumed his current role in 2018.

Ourada is a graduate of the University of Wisconsin-La Crosse, where he received a bachelor of science degree in marketing. He completed the executive development program at the Kellogg School of Management, Northwestern University in 2016.

He serves on the board of the International Foodservice Manufacturer’s Association (IFMA) as well as the Austin Area Foundation.

What is Mark J. Ourada's net worth?: The estimated net worth of Mark J. Ourada is at least $730,558.88 as of June 13th, 2023. Mr. Ourada owns 20,684 shares of Hormel Foods stock worth more than $730,559 as of April 27th. This net worth evaluation does not reflect any other investments that Mr. Ourada may own. Learn More about Mark J. Ourada's net worth.
How do I contact Mark J. Ourada?: The corporate mailing address for Mr. Ourada 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 Mark J. Ourada's contact information.
Has Mark J. Ourada been buying or selling shares of Hormel Foods?: Mark J. Ourada has not been actively trading shares of Hormel Foods in the last ninety days. Most recently, Mark J. Ourada sold 9,200 shares of the business's stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $41.00, for a transaction totalling $377,200.00. Following the completion of the sale, the vice president now directly owns 20,684 shares of the company's stock, valued at $848,044. Learn More on Mark J. Ourada'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.

Mark J. Ourada Insider Trading History at Hormel Foods

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/13/2023	Sell	9,200	$41.00	$377,200.00	20,684

Mark J. Ourada Buying and Selling Activity at Hormel Foods

Hormel Foods Company Overview

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.

Today's Range

Now: $35.32

$35.10

$35.60

50 Day Range

MA: $33.84

$28.99

$35.60

2 Week Range

Now: $35.32

$28.51

$41.73

Volume

2,043,680 shs

Average Volume

2,357,894 shs

Market Capitalization

$19.34 billion

P/E Ratio

24.19

Dividend Yield

3.20%

Beta

0.27

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