Hormel Foods names Ash Bhumbla as CFO, effective Sept. 8

Hormel Foods Corporation (NYSE: HRL) has appointed Ash Bhumbla as executive vice president and chief financial officer, effective Sept. 8, 2026, according to a company statement.

Bhumbla joins Hormel Foods from Tyson Foods, where he served as senior vice president and CFO of the Chicken segment. In 2025, he concurrently held the CFO role for Tyson's International segment. Before Tyson, he held senior finance and corporate development roles at Perdue Farms and International Flavors & Fragrances (IFF). He began his career at strategy consulting firm Marakon Associates.

Bhumbla holds a bachelor's degree and a Master of Business Administration from the University of Pennsylvania's Wharton School, where he graduated as a Palmer Scholar.

In his new role, Bhumbla will lead Hormel Foods' finance organization and serve on the company's senior leadership team, overseeing financial strategy, capital allocation, and long-term growth objectives.

Paul Kuehneman, who has served as interim CFO since October 2025, will work with Bhumbla during the transition and remain a senior leader within the finance organization. Kuehneman joined Hormel Foods in 1993 and has held various finance roles across the company, including controller since January 2022.

"Ash is a highly accomplished finance executive with a proven record of driving performance, leading transformation and creating long-term shareholder value," said John Ghingo, president of Hormel Foods.

Hormel Foods is based in Austin, Minnesota, and reports over $12 billion in annual revenue.

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