AUSTIN, MINN. – Jeffrey M. Ettinger, chairman of the board, president and chief executive officer of Hormel Foods Corp., was recognized as Executive of the Year among manufacturing companies at the 2010 American Business Awards. Winners were announced in New York City on June 21. More than 2,700 entries were submitted for the 2010 American Business Awards and more than 200 executives nationwide participated in judging.

Mr. Ettinger was selected as Executive of the Year – Manufacturing for his strong leadership at Hormel Foods during 2009, a year characterized by economic turbulence and instability. Last year, Hormel Foods continued to increase dividends and was added to Standard & Poor’s 500 index, despite the turbulent market.

Mr. Ettinger was also instrumental in helping set a new standard of leadership in the industry for transparency and sustainability. In 2009, Hormel Foods launched its first fully digital corporate responsibility report and constructed a new manufacturing facility in Dubuque, Iowa, designed to save substantially on energy and water. The facility is expected to meet Leadership in Energy and Environmental Design (L.E.E.D.) certification requirements which will make it one of the first manufacturing plants — and the only refrigerated food processing facility — to be L.E.E.D. certified at any level.

The American Business Awards are one of four programs of the Stevie Awards, which recognizes outstanding performances in the workplace worldwide. For more information on the Stevie Awards, go to: http://www.stevieawards.com.