{"schema_version":"secwatch.filing_event.v1","accession":"0000048465-26-000047","form_type":"8-K","ticker":"HRL","cik":"0000048465","company_name":"HORMEL FOODS CORP /DE/","filed_at":"2026-07-28T11:00:20+00:00","discovered_at":"2026-07-28T11:05:00.308869+00:00","generated_at":"2026-07-28T11:05:41.863072+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hormel Foods appoints John F. Ghingo as President and CEO, effective Oct 26, 2026","bullets":["John F. Ghingo, current President, named CEO effective Oct 26, 2026; Jeffrey M. Ettinger's interim CEO role ends Oct 25, 2026.","Ghingo's annual base salary increased to $1.2M immediately, then to $1.28M as CEO; short-term target raised to 150% of base.","Long-term incentive target set at $6.8M annually, split 50% cash, 25% stock options, 25% restricted stock units.","Ghingo eligible for Executive Severance Plan with severance factor of 2x; personal aircraft use up to $150K incremental cost.","Ghingo brings over 20 years CPG experience; previously CEO of Whisps Acquisition Corp and President of Applegate Farms."],"urls":{"canonical":"https://secwatch.observer/filing/0000048465-26-000047","json":"https://secwatch.observer/filing/0000048465-26-000047.json","markdown":"https://secwatch.observer/filing/0000048465-26-000047.md","text":"https://secwatch.observer/filing/0000048465-26-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/48465/000004846526000047/0000048465-26-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48465/000004846526000047/hrl-20260727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-28T11:05:41.863072+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}