Swen Neufeldt net worth and biography

Swen Neufeldt Biography and Net Worth

As group vice president of Hormel Foods and president of Hormel Foods International Corporation, Swen Neufeldt oversees the company’s international division, which encompasses more than 50 countries outside the United States. Hormel Foods is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. 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 is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was 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 companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for the 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts.

Neufeldt began his career in 1996 as a grocery products sales representative in Birmingham, Ala. And a year later, became territory manager. That same year, he became a grocery products category management specialist at the Corporate Office, then became an associate product manager, Grocery Products. In 1999, he became a product and category development manager, International, at the Corporate Office. In 2002, he became senior product manager, International, in England and then, general manager of Europe in 2005. In 2006, he came back to the Corporate Office to be a group product manager, grocery products, and in 2010, became the director of business development – Asia and vice president of International in Shanghai, China, and general manager the following year. Two years later, he assumed the role of president of Hormel Foods International – Asia Pacific. In 2016, he was named the vice president of marketing for meat products for Hormel Foods in Austin, Minn., and he assumed his current role in 2020.

Originally from Düsseldorf, Germany, Neufeldt holds a master’s degree in international management from Thunderbird, School of Global Management and a bachelor of arts degree in economics and international affairs from Lafayette College.

Neufeldt and his wife, Heather, live in Austin with their two daughters.

What is Swen Neufeldt's net worth?

The estimated net worth of Swen Neufeldt is at least $1.10 million as of May 2nd, 2022. Mr. Neufeldt owns 23,332 shares of Hormel Foods stock worth more than $1,096,604 as of December 1st. This net worth estimate does not reflect any other investments that Mr. Neufeldt may own. Learn More about Swen Neufeldt's net worth.

How do I contact Swen Neufeldt?

The corporate mailing address for Mr. Neufeldt 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 Swen Neufeldt's contact information.

Has Swen Neufeldt been buying or selling shares of Hormel Foods?

Swen Neufeldt has not been actively trading shares of Hormel Foods in the last ninety days. Most recently, Swen Neufeldt sold 960 shares of the business's stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $51.82, for a transaction totalling $49,747.20. Following the completion of the sale, the vice president now directly owns 23,332 shares of the company's stock, valued at $1,209,064.24. Learn More on Swen Neufeldt'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.

Swen Neufeldt Insider Trading History at Hormel Foods

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/2/2022Sell960$51.82$49,747.2023,332View SEC Filing Icon  
6/3/2021Sell6,200$49.50$306,900.0019,821View SEC Filing Icon  
11/9/2020Buy193$49.49$9,551.5717,828View SEC Filing Icon  
10/5/2020Sell5,271$49.30$259,860.3022,931View SEC Filing Icon  
See Full Table

Swen Neufeldt Buying and Selling Activity at Hormel Foods

This chart shows Swen Neufeldt'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 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.
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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