Form 8-K · Current report
Hormel Foods 8-K, filed Aug 24, 2026
- Filed
- CIK
- 0000048465
- Accession no.
- 0000048465-26-000049
Summary
Hormel Foods announced the appointment of Ash Bhumbla as Executive Vice President and Chief Financial Officer effective September 8, 2026, concluding Paul R. Kuehneman's service as Interim Chief Financial Officer; Kuehneman remains Vice President, Controller and Principal Accounting Officer. Bhumbla joins from Tyson Foods, where he was Senior Vice President and Chief Financial Officer of the Chicken segment, and will receive a $700,000 base salary, a $2.1 million annual long-term incentive target, a $700,000 cash sign-on award and a $1.2 million restricted stock unit award.
Key points
- Ash Bhumbla's appointment as Executive Vice President and Chief Financial Officer takes effect September 8, 2026.
- Paul R. Kuehneman will continue as Vice President and Controller and Principal Accounting Officer after his interim CFO service concludes.
- Bhumbla served Tyson Foods as Senior Vice President and CFO of the Chicken segment from September 2023 to August 2026 and concurrently as CFO of the International segment from March 2025 to December 2025.
- His compensation includes a $700,000 annual base salary, a short-term incentive target of 100% of base salary, a $2.1 million annual long-term incentive target, a $700,000 cash sign-on award and a $1.2 million restricted stock unit award.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
From the filing
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 24, 2026, Hormel Foods Corporation (the “Company”) announced the appointment of Ash Bhumbla as Executive Vice President and Chief Financial Officer, effective September 8, 2026. In connection with Mr. Bhumbla’s assumption of the role of Chief Financial Officer on September 8, 2026, Paul R. Kuehneman’s service as Interim Chief Financial Officer will conclude. Mr. Kuehneman will continue to serve as the Company’s Vice President and Controller and Principal Accounting Officer. Prior to joining the Company, Mr. …
An excerpt of the text as filed with the SEC, cut for length.
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