Hormel announces executive VP to retire; Binder has been an ‘important leadership force,’ CEO says

Published 8:35 am Friday, February 9, 2018


Hormel Foods Corp. announced Tuesday the retirement Steve Binder, the executive vice president and president of Hormel Business Units.

Binder will retire later this spring.

The company also announced the advancement of Tom Day to executive vice president of the Refrigerated Foods segment of the business. Day currently serves as group vice president, Refrigerated Foods.

Email newsletter signup

“The experience and knowledge of our senior leadership team have always been a key differentiating factor for Hormel Foods, and that’s certainly evident in the careers of Steve and Tom,” said Jim Snee, chairman, president and chief executive officer, Hormel Foods. “Steve has been an important leadership force within Hormel Foods, and has achieved a great track record of success throughout his 38 year career.


“Tom’s career at Hormel Foods also spans well over three decades, and he has been instrumental in the continued growth and success of Refrigerated Foods. I wish Steve all the best in retirement and look forward to working more closely with Tom in the years ahead.”

As executive vice president and president of Hormel Business Units, Binder is responsible for the company’s Refrigerated Foods and Grocery

Products reporting segments, and Consumer Products Sales. Binder joined Hormel Foods in 1979 and progressed through numerous sales and management positions within the meat products and foodservice groups, eventually being named vice president of the foodservice group, group vice president of the foodservice group and group vice president of Refrigerated Foods. He was named executive vice president of Refrigerated Foods in 2010 and assumed his current position in 2011.

As group vice president for the Refrigerated Foods group at Hormel Foods, Day is responsible for the general management of the company’s largest business unit. Day joined Hormel Foods in 1981 and has held positions of increasing responsibility in sales, sales management and general management. Day was named senior vice president of foodservice in 2007 and was promoted to group vice president, foodservice in 2010. He assumed his current role in October 2013.