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Hormel Business Units chief to retire from Hormel Foods

Hormel Foods Corp. said its Executive Vice President and President of Hormel Business Units Steve Binder will retire at the end of the second quarter of fiscal year 2018.

Binder, who joined the company in 1979, was appointed to his current position in 2011.

The company also said Tom Day was appointed executive vice president of refrigerated foods. Day, who joined the company in 1981, has held his current role of group vice president of refrigerated foods since October 2013.