Aakre’s appointment follows the company’s recent announcement of an operating model evolution that includes a new Retail segment, powered by a Brand Fuel center of excellence. Brand Fuel will be the hub for innovation, consumer and shopper insights, brand diagnostics and supporting technology to enable connections with consumers where and how they shop and eat. “Our iconic and industry-leading brands will continue to require a strategic focus and investment,” said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. In 2005, he was promoted to vice president of marketing for Grocery Products. He assumed his current position as vice president of corporate innovation and new product development in 2011.

Source: Forbes October 12, 2022 22:15 UTC