Hormel Foods Retirement Announced

Hormel Foods Corporation (NYSE:HRL) has announced the planned retirement of Dennis Scheidt, director of sausage and specialty products production, effective end of fiscal year 2007. "Dennis completes a stellar 37-year career with Hormel Foods, where the products under his direction have shown significant growth,” said Bruce Schweitzer, vice president of operations-refrigerated foods. "We wish Dennis and his wife, Kathy, many years of happiness in this well-deserved retirement.” Scheidt started with Hormel Foods as a production management trainee in the Austin, Minn., plant in 1970. Later that year, he was promoted to supervisor of manufacturing in the Algona, Iowa, plant. In 1977, he became general supervisor for the Knoxville, Iowa, plant, and in 1980, he was named plant superintendent for Knoxville. In 1982, Scheidt was named supervisor of dry sausage production in the Austin plant. In 1985, he was named plant manager at Knoxville. He was promoted to director of sausage and specialty products production in 1991 at the corporate office in Austin. About Hormel Foods Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. For each of the past eight years, Hormel Foods has been named one of "The Best Big Companies in America” by Forbes magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit www.hormel.com.