false0000048465 0000048465 2020-01-28 2020-01-28


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   January 28, 2020

HORMEL FOODS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
1-2402
41-0319970
(State or Other Jurisdiction of
Incorporation)
(Commission File
Number)
(IRS Employer Identification
Number)

1 Hormel Place
Austin, MN  55912
(Address of Principal Executive Office)
 
(507) 437-5611
Registrant’s telephone number, including area code
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
 
Trading Symbol
 
Name of each exchange on which registered
Common Stock $0.01465 par value
 
HRL
 
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company   [☐] 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [☐]



Section 5 — CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.07 Submission of Matters to a Vote of Security Holders

The Company conducted its annual stockholders’ meeting on January 28, 2020.
 
At the annual meeting, 491,398,313 shares were represented (91.9 percent of the 534,736,743 shares outstanding and entitled to vote). Three items were considered at the meeting and the results of the voting were as follows:
 
1.
Election of Directors: The nominees in the proxy statement were: Prama Bhatt, Gary C. Bhojwani, Terrell K. Crews, Stephen M. Lacy, Elsa A. Murano, Ph.D., Susan K. Nestegard, William A. Newlands, Dakota A. Pippins, Christopher J. Policinski, Jose Luis Prado, Sally J. Smith, James P. Snee, and Steven A. White. The results were as follows:

DIRECTOR:
FOR
AGAINST

ABSTAIN
BROKER NON-VOTE
Prama Bhatt
447,858,045
982,893
392,285
42,165,090
Gary C. Bhojwani
446,252,529
2,597,028
383,666
42,165,090
Terrell K. Crews
444,474,300
4,489,509
269,414
42,165,090
Stephen M. Lacy
446,111,321
2,845,927
275,975
42,165,090
Elsa A. Murano, Ph.D.
443,817,482
5,170,121
245,620
42,165,090
Susan K. Nestegard
446,301,835
2,694,211
237,177
42,165,090
William A. Newlands
417,164,453
31,829,039
239,731
42,165,090
Dakota A. Pippins
443,750,546
5,249,117
233,560
42,165,090
Christopher J. Policinski
445,949,616
2,877,802
405,805
42,165,090
Jose Luis Prado
448,106,318
748,708
378,197
42,165,090
Sally J. Smith
447,926,018
1,107,584
199,621
42,165,090
James P. Snee
442,653,192
4,700,647
1,879,384
42,165,090
Steven A. White
446,192,395
2,777,530
263,298
42,165,090

2.  Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 25, 2020:
 
For:
 
481,280,360
Against:
 
9,396,895
Abstain:
 
721,058

3.  Advisory vote on the compensation of the Company’s Named Executive Officers, as disclosed in the Company’s 2020 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 18, 2019):
 
For:
 
439,852,360
Against:
 
8,212,440
Abstain:
 
1,168,423
Broker Non-Vote:
 
42,165,090

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SIGNATURES
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
HORMEL FOODS CORPORATION
 
 
(Registrant)
 
 
 
Dated: January 30, 2020
By
/s/ JAMES N. SHEEHAN
 
 
JAMES N. SHEEHAN
 
 
Executive Vice President and
 
 
Chief Financial Officer
 
 
 
 
 
 
 
 
 
Dated: January 30, 2020
By
/s/ JANA L. HAYNES
 
 
JANA L. HAYNES
 
 
Vice President and Controller
 
 
 


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