Hormel Foods (HRL) Form 8-K/A Summary
This 8-K/A amends a prior filing to detail the compensation structure for Paul Kuehneman, newly appointed as Interim CFO and Controller effective October 27, 2025.
Key compensation elements for the fiscal year 2026 performance period include:
- Annual Base Salary: $500,000.
- Short-Term Incentive Target: $300,000.
- Long-Term Incentive Target ($550,000 total):
- $300,000 in time-based RSUs.
- $125,000 in stock options.
- $125,000 in performance cash.
- Equity Grant: 70,000 operators’ shares.
...Mr. Ku