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HORMEL FOODS CORP. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and HORMEL FOODS CORP.’s Form 8-K, filed February 2, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 15Ballot items
  • 581Asset managers
  • 8,907Fund votes
  • January 30, 2024Meeting date

Results at a glance

Meeting of January 30, 2024: 15 items on HORMEL FOODS CORP.’s Form 8-K, filed February 2, 2024: 15 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore HORMEL FOODS CORP. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by HORMEL FOODS CORP.

These tallies are HORMEL FOODS CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed February 2, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

HORMEL FOODS CORP. — official shareholder meeting results, meeting held January 30, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Prama Bhatt 454,871,4435,800,227762,116 --37,219,876 99%Not verified—
Elect Director: Gary C. Bhojwani 441,297,65419,462,215673,917 --37,219,876 96%Not verified—
Elect Director: Stephen M. Lacy 435,958,86624,824,637650,283 --37,219,876 95%Not verified—
Elect Director: Elsa A. Murano, Ph.D. 448,996,03011,767,456670,300 --37,219,876 97%Not verified—
Elect Director: William A. Newlands 450,513,93810,180,027739,821 --37,219,876 98%Not verified—
Elect Director: Christopher J. Policinski 452,666,2468,141,543625,997 --37,219,876 98%Not verified—
Elect Director: Jose Luis Prado 451,293,0519,452,610688,125 --37,219,876 98%Not verified—
Elect Director: Sally J. Smith 454,929,3545,898,575605,857 --37,219,876 99%Not verified—
Elect Director: James P. Snee 443,976,45916,140,1651,317,162 --37,219,876 96%Not verified—
Elect Director: Steven A. White 449,293,78711,393,721746,278 --37,219,876 98%Not verified—
Elect Director: Raymond G. Young 456,056,9724,675,731701,083 --37,219,876 99%Not verified—
Elect Director: Michael P. Zechmeister 455,793,7844,903,346736,656 --37,219,876 99%Not verified—
2. Approve the amendment of the Company's Restated Certificate of Incorporation to allow for exculpation of officers as permitted by Delaware law 443,753,91216,695,831984,043 --37,219,876 96%Not verified—
3. Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending October 27, 2024 488,559,8869,353,747740,029 ---- 98%Not verified—
4. Advisory vote to approve the Company's Named Executive Officer compensation as disclosed in the Company's 2024 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 20, 2023) 444,749,41015,348,9531,335,423 --37,219,876 97%Not verified—

This meeting is also recorded here as January 31, 2024; both records come from the same filing, so the date should be checked against it.

Source: HORMEL FOODS CORP., Form 8-K, filed with the SEC on February 2, 2024 — read the filing on EDGAR.

How asset managers voted at the HORMEL FOODS CORP. 2023-2024 meeting

Each item below shows how the 581 asset managers that disclosed a HORMEL FOODS CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Prama Bhatt

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 454,871,443AGAINST: 5,800,227
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Prama Bhatt

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Prama Bhatt”): 454,871,443 for, 5,800,227 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,402,053 for, 309,157 against, 134,120 abstained.

FOR
FOR: 97,402,053AGAINST: 309,157ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Prama Bhatt” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

2. Elect Director: Gary C. Bhojwani

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 441,297,654AGAINST: 19,462,215
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Gary C. Bhojwani

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Gary C. Bhojwani”): 441,297,654 for, 19,462,215 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,333,345 for, 377,865 against, 134,120 abstained.

FOR
FOR: 97,333,345AGAINST: 377,865ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Gary C. Bhojwani” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

3. Elect Director: Stephen M. Lacy

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 435,958,866AGAINST: 24,824,637
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Stephen M. Lacy

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Stephen M. Lacy”): 435,958,866 for, 24,824,637 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 89,184,212 for, 8,526,998 against, 134,120 abstained.

FOR
FOR: 89,184,212AGAINST: 8,526,998ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Stephen M. Lacy” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street08,022,277 00Against
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

4. Elect Director: Elsa A. Murano, Ph.D.

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 448,996,030AGAINST: 11,767,456
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Elsa A. Murano, Ph.D.

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Elsa A. Murano, Ph.D.”): 448,996,030 for, 11,767,456 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,594,064 for, 117,146 against, 134,120 abstained.

FOR
FOR: 97,594,064AGAINST: 117,146ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Elsa A. Murano, Ph.D.” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

5. Elect Director: William A. Newlands

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 450,513,938AGAINST: 10,180,027
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: William A. Newlands

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: William A. Newlands”): 450,513,938 for, 10,180,027 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,530,362 for, 116,751 against, 198,217 abstained.

FOR
FOR: 97,530,362AGAINST: 116,751ABSTAIN: 198,217
Largest asset managers voting on “Elect a board of 12 directors: William A. Newlands” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

6. Elect Director: Christopher J. Policinski

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 452,666,246AGAINST: 8,141,543
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Christopher J. Policinski

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Christopher J. Policinski”): 452,666,246 for, 8,141,543 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,353,820 for, 357,390 against, 134,120 abstained.

FOR
FOR: 97,353,820AGAINST: 357,390ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Christopher J. Policinski” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

7. Elect Director: Sally J. Smith

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 454,929,354AGAINST: 5,898,575
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Sally J. Smith

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Sally J. Smith”): 454,929,354 for, 5,898,575 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,422,230 for, 288,980 against, 134,120 abstained.

FOR
FOR: 97,422,230AGAINST: 288,980ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Sally J. Smith” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

8. Elect Director: James P. Snee

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 443,976,459AGAINST: 16,140,165
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: James P. Snee

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: James P. Snee”): 443,976,459 for, 16,140,165 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,196,617 for, 514,593 against, 134,120 abstained.

FOR
FOR: 97,196,617AGAINST: 514,593ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: James P. Snee” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

9. Elect Director: Steven A. White

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 449,293,787AGAINST: 11,393,721
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Steven A. White

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Steven A. White”): 449,293,787 for, 11,393,721 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,530,362 for, 116,751 against, 198,217 abstained.

FOR
FOR: 97,530,362AGAINST: 116,751ABSTAIN: 198,217
Largest asset managers voting on “Elect a board of 12 directors: Steven A. White” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

10. Elect Director: Raymond G. Young

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 456,056,972AGAINST: 4,675,731
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Raymond G. Young

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Raymond G. Young”): 456,056,972 for, 4,675,731 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,702,092 for, 9,118 against, 134,120 abstained.

FOR
FOR: 97,702,092AGAINST: 9,118ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Raymond G. Young” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

11. Elect Director: Michael P. Zechmeister

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 455,793,784AGAINST: 4,903,346
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Elect a board of 12 directors: Michael P. Zechmeister

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Michael P. Zechmeister”): 455,793,784 for, 4,903,346 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 97,453,110 for, 258,100 against, 134,120 abstained.

FOR
FOR: 97,453,110AGAINST: 258,100ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Michael P. Zechmeister” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

12. Elect Director: Jose Luis Prado

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 451,293,051AGAINST: 9,452,610
Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Elect a board of 12 directors: Jose Luis Prado

HORMEL FOODS CORP.’s own tally for this item (“Elect Director: Jose Luis Prado”): 451,293,051 for, 9,452,610 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 97,570,359 for, 116,751 against, 134,120 abstained.

FOR
FOR: 97,570,359AGAINST: 116,751ABSTAIN: 134,120
Largest asset managers voting on “Elect a board of 12 directors: Jose Luis Prado” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

13. 2. Approve the amendment of the Company's Restated Certificate of Incorporation to allow for exculpation of officers as…

Outcome not verifiedEXTRAORDINARY TRANSACTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 443,753,912AGAINST: 16,695,831
Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Approve the amendment of the Company's Restated Certificate of Incorporation to allow for exculpation of officers as permitted by Delaware law.

HORMEL FOODS CORP.’s own tally for this item (“2. Approve the amendment of the Company's Restated Certificate of Incorporation to allow for exculpation of officers as permitted by Delaware law”): 443,753,912 for, 16,695,831 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 95,325,021 for, 2,386,189 against, 134,120 abstained.

FOR
FOR: 95,325,021AGAINST: 2,386,189ABSTAIN: 134,120
Largest asset managers voting on “Approve the amendment of the Company's Restated Certificate of Incorporation to allow for exculpation of offic” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab01,626,177 00Against
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions261,0140 00For
Victory Capital251,4660 00For
SEI0218,902 00Against
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

14. 4. Advisory vote to approve the Company's Named Executive Officer compensation as disclosed in the Company's 2024…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 23 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 444,749,410AGAINST: 15,348,953
Details: description as filed, official tally, votes by 572 asset managers

Description as filed by funds: Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual meeting proxy statement.

HORMEL FOODS CORP.’s own tally for this item (“4. Advisory vote to approve the Company's Named Executive Officer compensation as disclosed in the Company's 2024 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 20, 2023)”): 444,749,410 for, 15,348,953 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 118 asset managers voting on “Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual meeting proxy state” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Fund voting reports, all 118 managers: 97,098,963 for, 608,535 against, 134,120 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 484 asset managers voting on “Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual meeting proxy state” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
New York Life19,000,0000 00For
State Street14,164,79490,787 00For
BlackRock9,883,812102,114 00For
GEODE CAPITAL MANAGEMENT, LLC6,722,2300 00For
Invesco5,609,5390 00For
PRINCIPAL GLOBAL INVESTORS4,177,0510 00For
Bridgewater3,360,5100 00For
Capital Group2,069,6770 00For
Charles Schwab1,645,0610 00For
APG Asset Management US Inc.01,518,763 00Against
MELLON INVESTMENTS Corp1,510,946180 00For
STIFEL NICOLAUS & CO INC \MO\1,404,7710 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,345,7370 00For
Vanguard1,296,1780 00For
Champlain Investment Partners, LLC1,229,9700 00For
Amundi1,226,9780 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM1,221,8830 00For
Renaissance1,210,3810 00For
Nuveen1,199,5030 00For
Northern Trust1,175,38015,486 00For
TD ASSET MANAGEMENT INC1,186,3070 00For
UBS01,114,245 00Against
MAIRS & POWER INC1,076,5540 00For
Man Group plc1,073,3400 00For
Legal & General Investment Management Ltd01,064,681 00Against

Institutional-manager reports, all 484 managers: 107,330,358 for, 7,073,306 against, 81,457 abstained, 2,227 not voted. Showing the 25 largest; see all in the interactive database.

15. 3. Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm…

Outcome not verifiedEXTRAORDINARY TRANSACTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 488,559,886AGAINST: 9,353,747
Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Ratify the appointment by the Audit Committee of the Board of Directors of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending October 27, 2024.

HORMEL FOODS CORP.’s own tally for this item (“3. Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending October 27, 2024”): 488,559,886 for, 9,353,747 against, per its Form 8-K filed February 2, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 97,413,237 for, 284,826 against, 134,120 abstained.

FOR
FOR: 97,413,237AGAINST: 284,826ABSTAIN: 134,120
Largest asset managers voting on “Ratify the appointment by the Audit Committee of the Board of Directors of Ernst & Young LLP as independent re” at HORMEL FOODS CORP., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard33,758,3660 00For
BlackRock12,919,3800 00For
State Street8,022,2770 00For
Fidelity6,381,9770 00For
Invesco5,397,8710 00For
ProShares5,163,7700 00For
TRUST FOR PROFESSIONAL MANAGERS3,525,1020 00For
Principal3,433,6770 00For
First Trust3,322,0810 00For
Advisors' Inner Circle Fund II2,520,0000 00For
Dimensional1,980,3790 00For
Capital Group1,892,0360 00For
Charles Schwab1,626,1770 00For
TIAA1,145,3490 00For
Bridge Builder Trust774,1770 00For
Jackson National522,8960 00For
MASTER INVESTMENT PORTFOLIO435,7310 00For
Equitable281,8300 00For
PRINCIPAL VARIABLE CONTRACTS FUNDS INC274,1680 00For
ETF Series Solutions4,780256,234 00Against
Victory Capital251,4660 00For
SEI218,9020 00For
T. Rowe Price216,6890 00For
John Hancock199,9460 00For
Brighthouse62,6470 134,1200Mixed

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of January 28, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest HORMEL FOODS CORP. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 547,020,000 shares outstanding at the time of that meeting.

Fund voting reports: top HORMEL FOODS CORP. shareholders by shares voted on “Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual…”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 6.17%
2BlackRock 2.36%
3State Street 1.47%
4Fidelity 1.17%
5Invesco 0.99%
6ProShares 0.94%
7TRUST FOR PROFESSIONAL MANAGERS 0.64%
8Principal 0.63%
9First Trust 0.61%
10Advisors' Inner Circle Fund II 0.46%
Institutional-manager reports: top HORMEL FOODS CORP. shareholders by shares voted on “Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual…”, 2023-2024
#Asset manager % of shares outstanding
1New York Life 3.47%
2State Street 2.61%
3BlackRock 1.83%
4GEODE CAPITAL MANAGEMENT, LLC 1.23%
5Invesco 1.03%
6PRINCIPAL GLOBAL INVESTORS 0.76%
7Bridgewater 0.61%
8Capital Group 0.38%
9Charles Schwab 0.30%
10APG Asset Management US Inc. 0.28%

Reported HORMEL FOODS CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

HORMEL FOODS CORP. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
The Hormel Foundation 46.88% DEF14A
Vanguard Group 6.87% 13F
State Street 4.60% 13F
BlackRock 4.60% 13F
Geode Capital 1.29% 13F
Morgan Stanley 1.28% 13F
Invesco 1.11% 13F
Citadel Advisors 0.68% 13F
Renaissance Technologies 0.53% 13F
Northern Trust 0.51% 13F

Percentages above are of 547,020,000 shares outstanding, as reported by HORMEL FOODS CORP. on its Form 10-Q dated January 28, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from HORMEL FOODS CORP.’s 10-Q dated January 28, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At HORMEL FOODS CORP.'s shareholder meeting held January 30, 2024, in the 2023-2024 proxy season, 581 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 8,907 separate fund positions. On the most widely held item on that ballot — Approve the Named Executive Officer compensation as disclosed in the Company's 2024 annual… — FOR was 97% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: HORMEL FOODS CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on February 2, 2024.

HORMEL FOODS CORP. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.