Steven G. Binder
Executive Vice President
President - Hormel Business Units
As executive vice president and president of Hormel business units, Steven G. Binder is responsible for the company’s Refrigerated Foods, Grocery Products and Consumer Products Sales groups.
Binder joined Hormel Foods in 1979 and progressed through numerous sales and management positions within the foodservice and meat products groups. In 1993, he became regional sales manager of the foodservice group. In 1996, he advanced to director of sales for the foodservice group, responsible for hiring, training and managing the company’s direct sales representatives and food broker network. In 1998, he was named vice president of the foodservice group, responsible for overseeing the group’s growth, profitability and strategic direction. In 2000, he was named group vice president of the foodservice group and was appointed in 2007 as group vice president of Refrigerated Foods. He was named executive vice president of Refrigerated Foods in 2010 and assumed his current position in 2011.
Binder earned a Bachelor of Science degree in business administration from Southwest Minnesota State University in Marshall, Minn. He is a 1998 graduate of the management executive program at the Carlson School of Business, University of Minnesota (Minneapolis, Minn.). In 2008, he graduated from the advanced management program at Harvard Business School (Boston, Mass).
He serves as executive vice president of Hormel Foods Sales LLC; chairman of the board for Farmer John, a wholly owned subsidiary of Hormel Foods; and is chairman of the board of Precept Foods, a joint venture with Cargill Meat Solutions. Additionally, he is on the board of trustees for the Hormel Historic Home and a member of the Austin Rotary Club in Austin, Minn.