Hormel Foods Elects Debbra Schoneman to Board in September 2024
- Debbra Schoneman has been elected to the Hormel Foods Board of Directors, effective September 21, 2024.
- She is the president of Piper Sandler Companies and has extensive experience in finance and corporate development.
- Her appointment is expected to support Hormel Foods' transformation and growth efforts.
Hormel Foods Corporation, a prominent global branded food company, announced the election of Debbra Schoneman to its Board of Directors, effective September 21, 2024. Schoneman, who is the president of Piper Sandler Companies, brings a wealth of experience in finance and corporate development, which is expected to aid Hormel Foods in its ongoing transformation and growth initiatives. Her extensive background includes over 34 years at Piper Sandler, where she has held various leadership roles, including chief financial officer from 2008 to 2017. In addition to her role at Piper Sandler, Schoneman has a significant history of board service across various sectors. She currently serves on the board of Allina Health, a major healthcare system, and has previously chaired this board for three years. Furthermore, she is a trustee at the University of St. Thomas, indicating her commitment to both education and healthcare. Jim Snee, the chairman of the board and CEO of Hormel Foods, expressed enthusiasm about Schoneman's appointment, highlighting her impressive qualifications and the value she will bring to the board. Her expertise is seen as crucial as Hormel Foods continues to modernize its operations and expand its market presence. Hormel Foods is known for its diverse portfolio of brands, including Planters, Skippy, and SPAM, among others. The company emphasizes its mission of inspiring people through its products, and the addition of Schoneman to the board is expected to further enhance its strategic direction and governance.