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I like that Hormel Foods is a company rooted in family. I like that our cultural beliefs focus on safety, growing talent, building bridges and creating solutions. I like that we work as a team, celebrate as a team and all have accountability to deliver results. I think these are the reasons behind our success.

Scott Aakre is vice president of corporate innovation and new product development for Hormel Foods, a global branded food company. In his role, Aakre leads the company’s global corporate innovation, new product development and consumer and shopper insights. Aakre and his team have been instrumental in driving innovation within the company’s world-class portfolio of brands, while also developing new products for the global marketplace.

Hormel Foods is a global branded food company with over $11.4 billion in annual revenue across more than 75 countries worldwide. Hormel Foods is a member of the S&P 500 Index and has been designated a S&P 500 Dividend King. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, WHOLLY® Guacamole, Hormel® Black Label® and more than 30 other beloved brands. The company has been named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three straight years, is one of Fortune magazine’s most admired food companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list and was named one of America’s Most Responsible Companies by Newsweek, among other awards and accolades for its corporate responsibility and community service efforts.

Under Aakre’s leadership, the company has received numerous awards and accolades for its innovation efforts. Nine of the company’s new products were selected as Progressive Grocer Editors’ Picks in 2018. The company also received the Grocery Manufacturers Association Award for Innovation and Creativity in 2018 for Herdez® guacamole salsa and in 2017 for SKIPPY® P.B. bites.

Aakre joined Hormel Foods in 1990 and held a variety of management positions for the company before being named group product manager of Grocery Products in 2003 and director of marketing for Grocery Products later that year. In 2005, he was promoted to vice president of marketing for grocery products. He assumed his current position in 2011. Aakre is active in the innovation industry as well as in a variety of community and charitable causes.

A Minnesota native, Aakre earned a bachelor’s degree and a master’s degree in business administration from the University of Minnesota.

Fast Facts

9
Positions with Hormel Foods
Business
BA, Business Administration
University of Minnesota
Degree
MBA
University of Minnesota
mastery
Favorite Color
Wholly® brand green
30
+
Years with Hormel Foods
first job
1st Hormel Foods Job
Assistant Product Manager, Meat Products, Refrigerated Foods Division

Scott’s Favorite Product

with Cheese

Hormel Foods, to Scott

  • Quiet
  • Confident
  • Connected

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