8-KItem 5.02 · Officer/Director Change
Hormel names Tyson executive Ash Bhumbla as CFO effective September 8
Filed with the SEC on · Summarized by InvestorsBot
Hormel Foods appointed Ash Bhumbla, 39, as executive vice president and chief financial officer effective September 8, 2026, replacing interim CFO Paul R. Kuehneman, who will remain vice president, controller and principal accounting officer. Bhumbla will receive a $700,000 annual salary, a $2.1 million annual long-term incentive target, a $700,000 cash sign-on award and restricted stock units valued at $1.2 million, with vesting over three years.