Luis Marconi - Hormel Foods Group Vice President - Grocery Products

HRL Stock  USD 34.85  0.50  1.46%   

President

Mr. Luis G. Marconi serves as Group Vice President Grocery Products of the company. He as Group Vice President for Grocery Products, Luis G. Marconi is responsible for the leadership and general direction of the companys grocery business. 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 Corporationrationration, Marconi spent 9 years in several International Marketing responsibilities 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 BS degree in industrial engineering and received his MBA degree from Icesi University. He is also a graduate of the University of Minnesota Carlson School Of Management Executive Program in Minneapolis. since 2016.
Age 54
Tenure 8 years
Professional MarksMBA
Address 1 Hormel Place, Austin, MN, United States, 55912-3680
Phone507 437 5611
Webhttps://www.hormelfoods.com

Hormel Foods Management Efficiency

The company has Return on Asset of 0.0491 % which means that on every $100 spent on assets, it made $0.0491 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1027 %, implying that it generated $0.1027 on every 100 dollars invested. Hormel Foods' management efficiency ratios could be used to measure how well Hormel Foods manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hormel Foods' Return On Capital Employed is quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Return On Equity will most likely fall to 0.12. At this time, Hormel Foods' Fixed Asset Turnover is quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Other Current Assets will most likely fall to about 24.4 M.
The company has 3.31 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Hormel Foods has a current ratio of 2.35, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hormel Foods until it has trouble settling it off, either with new capital or with free cash flow. So, Hormel Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hormel Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hormel to invest in growth at high rates of return. When we think about Hormel Foods' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Jody BegleyAltria Group
51
Miroslaw ZielinskiPhilip Morris International
57
Ivan FeldmanAltria Group
50
J SimkoPhilip Morris International
N/A
David KabbesBunge Limited
55
Murray GarnickAltria Group
64
Marc FirestonePhilip Morris International
59
Jeanne PollesPhilip Morris International
51
Robert CovielloBunge Limited
52
Thomas BoehlertBunge Limited
57
Marco MariottiPhilip Morris International
56
Louanna HeuhsenAltria Group
63
Stacey KennedyPhilip Morris International
48
Paul RileyPhilip Morris International
55
Kevin CrosthwaiteAltria Group
42
Werner BarthPhilip Morris International
56
Nicholas RolliPhilip Morris International
N/A
Bertrand BonvinPhilip Morris International
45
William SurgnerAltria Group
51
Charles BendottiPhilip Morris International
47
Daniel BryantAltria Group
50
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. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. Hormel Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. Hormel Foods (HRL) is traded on New York Stock Exchange in USA. It is located in 1 Hormel Place, Austin, MN, United States, 55912-3680 and employs 20,000 people. Hormel Foods is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Hormel Foods Leadership Team

Elected by the shareholders, the Hormel Foods' board of directors comprises two types of representatives: Hormel Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hormel. The board's role is to monitor Hormel Foods' management team and ensure that shareholders' interests are well served. Hormel Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hormel Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
Nathan Annis, IR Contact Officer
James Splinter, Group Vice President - Corporate Strategy
Richard Carlson, Vice President - Quality Management
Gary Bhojwani, Independent Director
Bill Newlands, Director
Scott Aakre, Group Business
Mark Coffey, Senior Vice President - Supply Chain and Manufacturing
Dakota Pippins, Independent Director
Bryan Farnsworth, Senior Vice President - Supply Chain
Lori Marco, Senior Vice President - External Affairs and General Counsel
Susan Nestegard, Independent Director
John Morrison, Lead Independent Director
Katie Larson, VP HR
Elsa Murano, Independent Director
WILLIAM Newlands, Independent Director
Jacinth Smiley, Chief Financial Officer, Executive Vice President
Steve Lykken, Senior Vice President and President Jennie-O Turkey Store
Larry Vorpahl, Group Vice President/President of Hormel Foods International Corporation
Jody Feragen, CFO, Executive VP and Director
Deanna Brady, Group Vice President, President - Consumer Product Sales
Paul Kuehneman, Vice President, Controller
Jeff Frank, Vice President - Food Service Marketing
Stephen Koven, Vice President - Digital Experience
David Dahlstrom, Director Relations
Brian Johnson, Vice President Corporate Secretary
Terrel Crews, Independent Director
Jeffrey Baker, Group Vice President - Foodservice
Gary Jamison, Vice President Treasurer
Tyler Hulsebus, Vice President - Engineering
Kevin Myers, Senior Vice President - Research & Development, Quality Control
Christopher Policinski, Lead Independent Director
Patrick Connor, Group Vice President/President Consumer Product Sales
Sally Smith, Independent Director
Glenn Forbes, Independent Director
Prama Bhatt, Independent Director
Wendy Watkins, Senior Vice President Chief Communications Officer
Pierre Lilly, Senior Vice President Chief Compliance Officer
James Snee, Group Vice President; President of Hormel Foods International Corporation
Glenn Leitch, Group VP and President of Jennie-O Turkey Store Inc
Janet Hogan, Senior Vice President of Human Resources
Luis Marconi, Group Vice President - Grocery Products
Jeffery Frank, Group Vice President - Grocery Products
Steven White, Independent Director
Steven Binder, Executive VP and President of Hormel Bus. Unit
Roland Gentzler, Vice President - Finance, Treasurer
Kurt Mueller, Senior Vice President of Consumer Products Sales, Vice President - Hormel Foods
Robert Nakasone, Independent Director
Donald Kremin, Group Vice President - Specialty Foods Group
Katherine Larson, Senior Resources
Jeffrey Ettinger, Chairman, CEO and Pres
Eldon Quam, Assistant Controller
David Weber, Vice President - Marketing, Foodservice
Stephen Lacy, Independent Director
Chad Randick, President of Burke Marketing Corp
James Sheehan, Chief Financial Officer, Executive Vice President
Katie Clark, Senior Officer
Jana Haynes, Director of Investor Relations
Lawrence Lyons, Vice President - Human Resources
Swen Neufeldt, Group Vice President - Hormel Foods International Corporation
Steven Lykken, Senior Vice President and President - Jennie-O Turkey Store, Inc.
Thomas Day, Executive Vice President - Refrigerated Foods
Jose Prado, Independent Director
Leslie Lee, Vice President - Digital Experience

Hormel Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hormel Foods a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Hormel Stock analysis

When running Hormel Foods' price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.004
Dividend Share
1.108
Earnings Share
1.45
Revenue Per Share
22.203
Quarterly Revenue Growth
0.009
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.