$HRL

The article says five major food and beverage companies named new CEOs in the past two months. Tyson Foods will replace Donnie King with Jeff Schomburger on Oct. 4. Conagra Brands will replace Sean Connolly with John Brase on June 1. Hormel Foods will elevate John Ghingo in October. Heineken appointed Rafael Oliveira as chairman and CEO. Ajinomoto Foods North America named Dave Gardner president and CEO.

HRL Laboratories said in a Nature paper that its 18-qubit silicon spin processor performs quantum error correction end-to-end inside a cryostat, generating control signals at about 4 K with no room-temperature electronics in the feedback loop. The team reported about 5x error reduction with a repetition code and matched models for a distance-5 error-detecting code.

Hormel Foods (NYSE: HRL) said it has completed the sale of its CERATTI-branded Brazilian operations to Zanchetta Alimentos LTDA, following a June 29, 2026 definitive agreement. Hormel did not disclose transaction terms and expects the deal to have a minimal impact on adjusted fiscal 2026 results, with more details to come on its Q3 call.

Hormel Foods (NYSE:HRL) is a company in transition. It reported a strong second quarter, it just named a new CEO, and its stock still trades near multi-year lows. It’s down 10% over the past year. What Hormel does Hormel makes and sells branded meat and food products through grocery stores, restaurants, and international channels. A new CEO steps in The company recently named John Ghingo as its next CEO, effective October 26. Ghingo isn’t an outsider learning the business.

Hormel Foods (NYSE: HRL) said its board appointed John Ghingo as president and CEO effective Oct. 26, 2026. He will succeed interim CEO Jeff Ettinger, who will remain interim through Oct. 25 and then continue on the board. The company cited Ghingo’s leadership since 2024, including oversight of Retail, Foodservice and International.

Hormel Foods (SPAM, Skippy, Planters) said John Ghingo, its president, will become CEO on Oct. 26, replacing interim CEO Jeff Ettinger. The board cited Ghingo’s leadership across retail, food service, international and corporate functions. Hormel reaffirmed FY2026 net sales of $12.2B to $12.5B and expects organic growth of 1% to 4%.

Hormel Foods named John Ghingo as CEO on July 27, 2026. On the day of the announcement, HRL shares fell 1.88% to $25.56. The article cites four years of EPS decline from $1.82 (FY2022) to $1.37 (FY2025) with revenue roughly flat near $12B, while noting a Q2 FY2026 EPS beat of 11.11% and a prior 3-month rally.

Hormel Foods named President John Ghingo as CEO, replacing Jeff Ettinger, effective 26 October. Ettinger will remain on the board. The change follows Ettinger’s interim appointment last year and prior leadership shifts. In June, Hormel guided 2026 sales revenue to $12.2bn-$12.5bn and oversaw asset sales including whole-bird turkey to Life-Science Innovations and Brazil business to Zanchetta Alimentos.

Hormel Foods named insider John Ghingo as CEO, effective Oct. 26, succeeding interim executive Jeffrey Ettinger. Ghingo has led as president and board member since July 2025 and previously ran Hormel’s retail business. The company said it aims to drive growth and modernize operations; it beat Q2 estimates in May and cited resilient demand, especially protein.

HORMEL FOODS CORP /DE/ (HRL) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. hrl-20260727 0000048465 false 0000048465 2026-07-27 2026-07-27 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):