Hormel Foods Corporation, a Fortune 500 global branded food company, announced the upcoming retirement of Mark Coffey, group vice president of supply chain. 

The retail business includes the company’s portfolio of well-known and category-leading brands such as Planters®, Skippy®, Justin’s®, Dinty Moore®, Hormel® chili, Corn Nuts®, Herdez® and Wholly®, as well as its iconic SPAM® brand, among others.

Developed in collaboration with Accenture, the 2023 Best Workplaces for Innovators ranks 100 winners worldwide from a variety of industries, including biotech, consumer-packaged goods, education, healthcare and many more. 

The Originate Initiative will showcase the company's approach to enterprise-wide innovation, as well as information from the company's newest center of excellence, Brand Fuel, which works to ensure that company decisions and investments are guided by insightful market analysis and a deep understanding of where and how consumers shop and eat.

According to research from NYU Stern Center for Sustainable Business and Circana, sustainability-marketed products outperformed conventionally marketed products across 36 categories and grew +0.3 points to 17.3% of purchases. In addition, sustainability marketed products’ five-year compound annual growth rate (CAGR) sits at 9.48%, outpacing its conventional counterpart at 4.98% for the same period. 

This new innovation has been crafted to help consumers take their culinary game to the next level with flavors that are globally inspired and provide a slice of adventure to pizzas, paninis, tapas and more.

Hormel Foods Corporation, a Fortune 500 global branded food company, announced the appointment of Scott Aakre as senior vice president of Brand Fuel, the company's newest center of excellence focused on consumer insights and innovation for its portfolio of more than 30 leading brands.