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Hormel Foods Announces Personnel Changes

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Austin, Minn.

Hormel Foods Corporation (NYSE: HRL) today announced that Frank J. Jacobs, vice president of finance at Diamond Crystal Brands, has been named the vice president of strategic planning at Diamond Crystal Brands. Robert R. Rowbal, Specialty Foods controller, Corporate Office (Austin, Minn.), will assume Jacobs’ position as the vice president of finance at Diamond Crystal Brands.

“We are excited to have someone with Frank’s extensive experience and proven performance in a position to spearhead meaningful business initiatives,” said Michael D. Tolbert, vice president, Specialty Foods. “This will result in important growth across the entire Diamond Crystal Brands enterprise. Additionally, Rowbal’s experience and performance make him the perfect fit for the vice president of finance position.”

Jacobs
Jacobs started his career with Diamond Crystal Brands in 2000 as the vice president of foodservice finance. Prior to working at Diamond Crystal Brands, he held positions at CellStar Corporation, Clarke American Checks, Texas Oil & Gas Corporation, Enserch Corporation and Texas Instruments.

Rowbal
Rowbal started his career with Hormel Foods in 1988 as an accountant at the Austin (Minn.) Plant. He has held positions at several company locations throughout the years, including internal auditor, manager of cost and stock, cost analyst, cost accounting department manager, plant controller and Specialty Foods controller.

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 quality, value-added brands to the global marketplace. The company is a member of the Standard & Poor’s 500 Index. Hormel Foods was named one of “The 400 Best Big Companies in America” by Forbes magazine for 10 consecutive years. 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 https://www.hormelfoods.com.