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Hormel Foods appoints new VP of grocery to lead Planters acquisition deal Hormel Foods Corporation has added appointed a new VP of grocery products to lead the integration of Planters and Corn Nuts into its brand portfolio. The company appointed Jeff Frank, who currently serves as VP marketing for Hormel Foods' foodservice business, as  VP of it grocery products. In his new role, Frank will lead the strategic integration of the Planters and Corn Nuts brands into the Hormel Foods business, which is expected to be completed by summer 2021. Earlier this month,...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Hormel Foods Announces Executive Appointments February 22, 2021 GMT AUSTIN, Minn., Feb. 22, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced the appointments of Jeff Frank to vice president of Grocery Products, leading the strategic integration of the Planters and Corn Nuts brands into Hormel Foods. The Planters and Corn Nuts acquisition was announced on February 11, and is expected to be completed by the summer. Frank currently serves as vice pr...

Nearly a year after the COVID-19 pandemic forced widespread business shutdowns, Regency Centers Corp. says 97% of the tenants in its shopping centers are open. However, the Jacksonville-based company is remaining cautious in its outlook in case a “reverse-course” scenario forces closures again in 2021. “Despite a rise in cases in most markets and increased restrictions in some, we have been encouraged by continued improvement in our operating results and this is driven by further meaningful progress on rent collections,” CEO Lisa Palmer said last week during Regency’s quarterly conf...

Hormel’s $3.35B Planters purchase is an investment in more than just peanuts MarketWatch 2/16/2021 © Kraft Heinz The Planters brand may be best known for peanuts, but for its new owner, Hormel Foods Corp.’s $3.35 billion purchase of the portfolio of products from Kraft Heinz Inc. is an investment in a growing snack lineup. “[W]e identified the Planters brand in our 2016 strategic planning process as a brand that would fit well into our growing and evolving portfolio,” said James Snee, chief executive of Hormel, on a call after the announcement was made. Hormel’s portfolio ...

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