secwatch.observer — SEC 8-K summary
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Issuer:     HORMEL FOODS CORP /DE/ (HRL)
CIK:        0000048465
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0000048465-23-000002
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Hormel Foods reports annual shareholder meeting results; all directors elected, say-on-pay approved
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- All 11 director nominees elected with majority support; broker non-votes on each.
- Ratification of Ernst & Young as auditor for FY 2023 passed with 490M for, 10.5M against.
- Advisory vote on executive compensation approved with 453M for (97.5% of votes cast).
- Stockholder proposal on WHO antimicrobial guidelines defeated with 436M against.
- Board determined to hold annual say-on-pay vote after frequency vote favored every year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48465/000004846523000002/0000048465-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48465/000004846523000002/hrl-20230131.htm
  HTML page:      https://secwatch.observer/filing/0000048465-23-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer