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Mark Coffey Biography and Net Worth

SVP of Hormel Foods

Mark A. Coffey is the group vice president of supply chain for Hormel Foods global operations and leads the company’s One Supply Chain organization, including procurement, manufacturing, engineering, logistics, research and development, quality management, and plant operations for both Refrigerated Foods and Grocery Products. 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.

Coffey started his career with Hormel Foods as a relief supervisor at the Ottumwa (Iowa) Plant in 1985. He held a variety of positions at several locations before moving to the Corporate Office (Austin, Minn.) in 1991 as product manufacturing manager for cured and smoked meats. Coffey was promoted to plant manager at the Houston (Texas) Plant in 1995 and held this position at Dold Foods (Wichita, Kan.), Osceola Foods (Iowa) and the Fremont (Neb.) Plant before being named plant manager of the Austin (Minn.) Plant in 2005. He was named vice president of affiliated businesses, Refrigerated Foods in 2011. In 2017, Coffey assumed the role of senior vice president of supply chain and was promoted to senior vice president of supply chain and manufacturing that same year. He was named group vice president of supply chain for Hormel Foods global operations in 2021.

He earned a bachelor of arts degree in business and systems management from Central College in Pella, Iowa, and is a graduate of the University of Minnesota, Carlson School of Management Executive Program.

Coffey serves on the board of directors of Applegate Farms, Jennie-O Turkey Store, and Mayo Clinic Health Systems – SE Minnesota Region.

Mark and his wife, Tammy, have three adult sons and live in Austin, Minn.

What is Mark A. Coffey's net worth?: The estimated net worth of Mark A. Coffey is at least $1.99 million as of March 28th, 2024. Mr. Coffey owns 68,029 shares of Hormel Foods stock worth more than $1,987,127 as of November 17th. This net worth evaluation does not reflect any other assets that Mr. Coffey may own. Learn More about Mark A. Coffey's net worth.
How do I contact Mark A. Coffey?: The corporate mailing address for Mr. Coffey 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 Mark A. Coffey's contact information.
Has Mark A. Coffey been buying or selling shares of Hormel Foods?: Mark A. Coffey has not been actively trading shares of Hormel Foods within the last three months. Most recently, Mark A. Coffey sold 15,400 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $35.00, for a transaction totalling $539,000.00. Following the completion of the sale, the vice president now directly owns 68,029 shares of the company's stock, valued at $2,381,015. Learn More on Mark A. Coffey's 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 (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 1 times. They purchased a total of 830 shares worth more than $24,999.60. During the last year, insiders at the sold shares 10 times. They sold a total of 140,221 shares worth more than $4,589,663.66. The most recent insider tranaction occured on September, 27th when VP Steven J Lykken sold 9,800 shares worth more than $312,718.00. 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 9/27/2024.

Mark A. Coffey Insider Trading History at Hormel Foods

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/28/2024	Sell	15,400	$35.00	$539,000.00	68,029
3/8/2024	Sell	15,400	$34.18	$526,372.00	68,029
6/8/2023	Sell	31,400	$40.50	$1,271,700.00	55,133
5/27/2021	Sell	25,000	$48.49	$1,212,250.00	45,564
3/29/2019	Sell	15,058	$44.64	$672,189.12	37,135
4/13/2018	Sell	8,000	$34.97	$279,760.00	29,011

Mark A. Coffey Buying and Selling Activity at Hormel Foods

Hormel Foods Company Overview

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.

Today's Range

Now: $29.21

$29.18

$30.68

50 Day Range

MA: $31.23

$29.21

$32.53

2 Week Range

Now: $29.21

$28.51

$36.86

Volume

4,146,059 shs

Average Volume

2,092,168 shs

Market Capitalization

$16.02 billion

P/E Ratio

20.57

Dividend Yield

3.87%

Beta

0.26