Hormel CEO Snee to Retire Later This Year
1. CEO James Snee will retire at the end of fiscal 2025. 2. Snee has been with Hormel for 36 years, including 8 as CEO. 3. The fiscal 2025 outlook remains unchanged at $11.9-$12.2 billion sales. 4. Hormel shares fell 1% after the announcement, down 6% this year.