Kevin L.  Myers net worth and biography

Kevin Myers Biography and Net Worth

SVP of Hormel Foods
As senior vice president of research and development and quality control at Hormel Foods, Kevin Myers oversees product development, packaging, food safety sciences and lab services. Hormel Foods is a global branded food company with over $11.4 billion in annual revenue across more than 75 countries worldwide. Hormel Foods is a member of the S&P 500 Index and has been designated a S&P 500 Dividend King. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, WHOLLY® Guacamole, Hormel® Black Label® and more than 30 other beloved brands. The company has been named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three straight years, is one of Fortune magazine’s most admired food companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list and was named one of America’s Most Responsible Companies by Newsweek, among other awards and accolades for its corporate responsibility and community service efforts.

Myers came to Hormel Foods with over a decade of experience in the food industry, holding management positions in food technology, research science and new product development.

In 2001, he started with the company as a research scientist for fresh and value-added meats at research and development. He was promoted to development leader of fresh and processed meats in 2005, and a year later, was promoted to group manager of product development. In 2012, he became the director of product, process and package development, and was promoted to vice president of research and development in October of 2013. He assumed his current role in March 2015.

A native of Mount Ayr, Iowa, Myers received a bachelor of science degree in agricultural education at Iowa State University, where he also earned his master’s and doctoral degrees in meat science and food science.

Myers is a member of the board of advisors at the University of Georgia Center for Food Safety and is on the board of advisors for the Institute of Food Safety and Health (a collaboration between FDA and Illinois Institute for Technology). He is also a member of the American Meat Science Association and the Institute of Food Technologists.

Myers is the lead author of two recently published scientific papers on meat science: Effects of high hydrostatic pressure and varying concentrations of sodium nitrite from traditional and vegetable-based sources on the growth of Listeria monocytogenes on ready-to-eat (RTE) sliced ham; and The effect of high hydrostatic pressure, sodium nitrite and salt concentration on the growth of Listeria monocytogenes on RTE ham and turkey.

What is Kevin L. Myers' net worth?

The estimated net worth of Kevin L. Myers is at least $1.23 million as of September 18th, 2024. Mr. Myers owns 39,050 shares of Hormel Foods stock worth more than $1,229,685 as of December 18th. This net worth approximation does not reflect any other investments that Mr. Myers may own. Additionally, Mr. Myers receives a salary of $744,240.00 as SVP at Hormel Foods. Learn More about Kevin L. Myers' net worth.

How old is Kevin L. Myers?

Mr. Myers is currently 59 years old. There are 5 older executives and no younger executives at Hormel Foods. The oldest executive at Hormel Foods is Mr. D. Scott Aakre, Group VP & Chief Marketing Officer of Hormel Foods Retail Business, who is 60 years old. Learn More on Kevin L. Myers' age.

What is Kevin L. Myers' salary?

As the SVP of Hormel Foods Co., Mr. Myers earns $744,240.00 per year. There are 3 executives that earn more than Mr. Myers. The highest earning executive at Hormel Foods is Mr. James P. Snee, Chairman of the Board, President & CEO, who commands a salary of $2,510,000.00 per year. Learn More on Kevin L. Myers' salary.

How do I contact Kevin L. Myers?

The corporate mailing address for Mr. Myers and other Hormel Foods executives is 1 HORMEL PL, AUSTIN MN, 55912. Hormel Foods can also be reached via phone at (507) 437-5611 and via email at [email protected]. Learn More on Kevin L. Myers' contact information.

Has Kevin L. Myers been buying or selling shares of Hormel Foods?

Kevin L. Myers has not been actively trading shares of Hormel Foods during the last quarter. Most recently, Kevin L. Myers sold 10,000 shares of the business's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $32.70, for a transaction totalling $327,000.00. Following the completion of the sale, the senior vice president now directly owns 39,050 shares of the company's stock, valued at $1,276,935. Learn More on Kevin L. Myers' trading history.

Who are Hormel Foods' active insiders?

Hormel Foods' insider roster includes Deanna Brady (EVP), Mark Coffey (SVP), Patrick Connor (VP), Jana Haynes (VP), Gary Jamison (VP), Paul Kuehneman (Vice President & Controller), Glenn Leitch (EVP), Pierre Lilly (SVP), Steven Lykken (VP), Lori Marco (VP), Luis Marconi (VP), Elsa Murano (Director), Kevin Myers (SVP), Susan Nestegard (Director), Swen Neufeldt (VP), Mark Ourada (VP), Christopher Policinski (Director), James Sheehan (CFO), James Snee (Chairman of the Board, President & CEO), and James Splinter (VP). Learn More on Hormel Foods' active insiders.

Are insiders buying or selling shares of Hormel Foods?

During the last year, Hormel Foods insiders bought shares 2 times. They purchased a total of 5,734 shares worth more than $184,232.48. During the last year, insiders at the sold shares 9 times. They sold a total of 131,221 shares worth more than $4,304,363.66. The most recent insider tranaction occured on December, 6th when VP Steven J Lykken bought 4,904 shares worth more than $159,232.88. Insiders at Hormel Foods own 0.7% of the company. Learn More about insider trades at Hormel Foods.

Information on this page was last updated on 12/6/2024.

Kevin L. Myers Insider Trading History at Hormel Foods

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/18/2024Sell10,000$32.70$327,000.0039,050View SEC Filing Icon  
3/28/2024Sell10,000$34.95$349,500.0038,708View SEC Filing Icon  
12/21/2023Sell5,892$31.47$185,421.2438,531View SEC Filing Icon  
10/13/2023Sell5,200$30.93$160,836.0038,937View SEC Filing Icon  
6/8/2023Sell5,200$40.51$210,652.0036,190View SEC Filing Icon  
9/9/2022Sell5,000$47.20$236,000.0032,954View SEC Filing Icon  
6/7/2022Sell5,000$45.07$225,350.0032,869View SEC Filing Icon  
9/11/2019Sell2,171$44.00$95,524.0015,841View SEC Filing Icon  
8/30/2019Sell2,045$42.80$87,526.0013,881View SEC Filing Icon  
10/5/2018Sell2,734$39.90$109,086.608,556View SEC Filing Icon  
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Kevin L. Myers Buying and Selling Activity at Hormel Foods

This chart shows Kevin L Myers's buying and selling at Hormel Foods by year and by quarter.

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Hormel Foods Company Overview

Hormel Foods logo
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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Today's Range

Now: $31.90
Low: $31.34
High: $32.16

50 Day Range

MA: $31.31
Low: $29.21
High: $33.56

2 Week Range

Now: $31.90
Low: $28.51
High: $36.86

Volume

4,278,382 shs

Average Volume

2,605,929 shs

Market Capitalization

$17.51 billion

P/E Ratio

21.85

Dividend Yield

3.43%

Beta

0.26