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Hormel Foods Announces Advancements

AUSTIN, Minn. | July 02, 2014

Hormel Foods Corporation (NYSE: HRL) today announced that as a result of its definitive agreement to acquire CytoSport Holdings, Inc., maker of Muscle Milk® products, Greg N. Longstreet, Tom J. Miskowski and Steven E. Orcutt will assume leadership roles with CytoSport, based in Benicia, Calif.

• Longstreet, president of Farmer John, Vernon, Calif., has been named the chief executive officer of CytoSport.

• Miskowski, president of Century Foods International (CFI), Sparta, Wis., has been named chief operating officer of CytoSport and will maintain his responsibilities as president of CFI.

• Orcutt, director and business unit controller, Grocery Products and consumer product sales, Corporate Office (Austin, Minn.), has been named chief financial officer of CytoSport.

“Congratulations to Greg, Tom and Steve on their advancements,” said Donald H. Kremin, group vice president of Specialty Foods. “We look forward to their continued leadership in this exciting new part of the business.”

Longstreet
Longstreet began his career in 1992 as a sales representative in Grocery Products in the District of Columbia. After holding several sales and marketing roles within the organization and a few years away from the company, he rejoined in 2006 and assumed his current role as president of Farmer John in 2007.

Miskowski
Miskowski began his career with Hormel Foods in 2000 as senior financial officer at Century Foods International, coming to the company with an extensive accounting background. In 2002, he assumed his current role as president of CFI.

Orcutt
Orcutt began his career in 1984 as an accountant at the Austin (Minn.) Plant. He held several accounting and management positions within the company before he assumed his current role as director and business unit controller of Grocery Products and consumer products sales in 2013.

About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace. The company is a member of the Standard & Poor's (S&P) 500 Index, S&P Dividend Aristocrats for 2013, was named the 2013 Sustainable Supply Chain of the Year by Refrigerated & Frozen Foods magazine, and was again named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the sixth year in a row. Hormel Foods was recognized on the G.I. Jobs magazine list of America’s Top 100 Military Friendly Employers in 2012 and 2013, and named one of the 2014 40 Best Companies for Leaders by Chief Executive magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com.

Topics: Company, Financial, Brands

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