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Hormel Foods No. 1 on 50 Best Companies to Sell For List

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Austin, Minn.

Hormel Foods Corporation (NYSE: HRL) today announced it was ranked the No. 1 company on the Selling Power magazine 2016 list of the 50 Best Companies to Sell For.

Each year, the corporate research team at Selling Power magazine assembles and publishes its list of the 50 Best Companies to Sell For. This year is the 17th consecutive year the list has appeared in the magazine.

“We are honored to be ranked No. 1 by Selling Power magazine,” said Deanna T. Brady, group vice president, president of consumer products sales at Hormel Foods. “We continue to challenge ourselves to provide our sales team with the compensation, training and resources they need to create solutions for our customers.”

To determine the rankings, companies were evaluated in the following areas: compensation packages for salespeople; sales culture; onboarding and sales-enablement strategies; training and coaching processes; and annual turnover percentage.

“Creating an environment and culture that enables our talented sales team to create long-term careers within our company has long been a priority at Hormel Foods,” said Larry C. Lyons, senior vice president of human resources at Hormel Foods. “We are very proud to receive this recognition of the tremendous work on this initiative by our sales and human resource teams.”

The list includes companies of all sizes, with sales forces ranging from fewer than 100 salespeople to companies with sales-force numbers in the thousands.

“Our culture of accountability is certainly a key element to the success we have had,” said Mark J. Ourada, vice president of foodservice sales at Hormel Foods. “We take pride in not only our onboarding and training of new hires, but also the continuous coaching and development of our team for future leadership positions within the company.”

Selling Power magazine founder and publisher Gerhard Gschwandtner says the companies on the list support excellence in sales in the following ways: they support salespeople via coaching, training and offering sales enablement solutions; they keep salespeople motivated and they create an active selling culture.

To view the complete list, visit http://www.sellingpower.com/2016/50-best-companies-to-sell-for/.

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. Hormel Foods, which leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace, will celebrate its 125th anniversary in 2016. The company is a member of the Standard & Poor’s (S&P) 500 Index, S&P 500 Dividend Aristocrats, and was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the eighth year in a row. Hormel Foods also received a perfect score on the 2016 Human Rights Campaign Foundation’s Corporate Equality Index, was recognized on the 2016 Best for Vets Employers List by Military Times, and was named one of the 2016 Best Companies for Leaders by Chief Executive 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 https://www.hormelfoods.com and http://2015csr.hormelfoods.com/.

About Selling Power

In addition to Selling Power magazine, the leading periodical for sales managers and sales VPs since 1981, Selling Power Inc. produces the Sales Management Digest and Daily Boost of Positivity online newsletters, as well as a five minute-video series featuring interviews with top executives. Selling Power is a regular media sponsor of the Sales 2.0 Conference.