Explore More Than Just This Free Article

This article is a glimpse of the exclusive insights we provide daily to industry leaders. Dive deeper into our industry-specific reports and uncover the strategic information you need.

Hormel Foods named to Fortune's World's Most Admired Companies list, honoring companies with the strongest reputations within their industries, across industries; company was also recently named to Investor's Business Daily list of 100 Best ESG Companies

AUSTIN , February 2, 2023 (press release) –

Hormel Foods Corporation, (NYSE: HRL), a Fortune 500 global branded food company, has been named one of the World's Most Admired Companies, by Fortune magazine.

"We are extremely proud to be included on this prestigious list," said Jim Snee, Hormel Foods chairman of the board, president and chief executive officer. "For 132 years, Hormel Foods has brought innovation, beloved brands and outstanding value to our consumers, customers, communities and shareholders. This honor is well-deserved recognition for the great work being done every day by our 20,000 inspired team members."

Corporations featured on the Most Admired List are rated by executives, directors and analysts in their respective industries based on nine criteria, including investment value, quality of management and products, social responsibility, people management and ability to attract talent. A company's score must rank in the top half of its industry to be included on the list of companies with the strongest reputations. Fortune collaborated with Korn Ferry to determine the industry groupings by using the Fortune 1000 listing and the Global 500 listing. The Fortune World's Most Admired Companies list identifies the companies that enjoy the strongest reputations within their industries and across industries.

"Fortune congratulates all of the companies whose competitors and peers recognize their achievements and voted them onto the 2023 Fortune World's Most Admired Companies list, as well as the top 50 All-Stars, who have been named the best of the best by the broader business community in a challenging year," said Fortune Editor in Chief Alyson Shontell.

Hormel Foods has a longstanding reputation as one of the most successful food companies in the world, and in 2022 received numerous honors and accolades, including being named one of America's Most Trustworthy Companies and one of America's Most Responsible Companies by Newsweek; recognized as one of the World's Top Female-Friendly Companies by Forbes and one of the 100 Best Corporate Citizens by 3BL Media; and was recently named to the Investor's Business Daily annual list  of the 100 Best ESG Companies. 

Read the Hormel Foods company spotlight here.

See the full 2023 list here.

ABOUT HORMEL FOODS — Inspired People. Inspired Food.™

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®,SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, WHOLLY®, Hormel® Black Label®,Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list by 3BL Media 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Contact:

Media Relations

 

Hormel Foods

 

507-434-6352

 

media@hormel.com

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/hormel-foods-named-to-fortunes-worlds-most-admired-companies-list-301736474.html

SOURCE Hormel Foods Corporation

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo with Jason
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order consumer wellness coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.