September 29, 2016 9:31 AM ET

Food Products

Company Overview of Applegate Farms LLC

Company Overview

Applegate Farms LLC produces and sells natural and organic meat products. The company offers refrigerated products that include deli meat, hot dogs, bacon, dinner sausage, traditional Italian products, chicken strips, and cheese products; frozen products that include burgers, breakfast sausage, breaded chicken, and corn dogs; and organic turkey burgers. Its products are available through stores. The company was founded in 1987 and is based in Bridgewater, New Jersey. As of July 13, 2015, Applegate Farms LLC operates as a subsidiary of Hormel Foods Corporation.

750 Route 202 South

Suite 300

Bridgewater, NJ 08807-5530

United States

Founded in 1987

Phone:

908-725-5800

Fax:

800-358-8289

Key Executives for Applegate Farms LLC

President
Founder
Age: 66
Co-Founder
Chief Executive Officer Emeritus
Compensation as of Fiscal Year 2016.

Applegate Farms LLC Key Developments

Applegate Farms, LLC Announces Management Changes

Applegate Farms, LLC announced that Chief Executive Officer Kerry Collins will transition to the role of CEO emeritus, and Chief Operating Officer Steven J. Lykken will assume the position of president. Collins joined Applegate in 2011 as vice president of finance. She led key efforts in information technology and supply chain management and quickly rose through the ranks to chief financial and operating officer. Collins was named chief executive officer of Applegate in 2014. In addition to her CEO emeritus role, Collins also will be a member of the Applegate Advisory Board. Lykken became chief operating officer of Applegate in August 2015. He is a 24-year veteran of Hormel Foods Corporation, most recently as the senior vice president of supply chain at Jennie-O Turkey Store. He began his career at Hormel Foods in 1992 as a Grocery Products sales representative in Salt Lake City, Utah.

Applegate Farms, LLC Announces Management Changes, effective August 3, 2015

Hormel Foods Corporation announced as a result of its definitive agreement to acquire Applegate Farms, LLC, Steven J. Lykken and Eldon O. Quam will assume leadership roles with Applegate, based in Bridgewater, New Jersey. These advancements are contingent on the official closing of the acquisition. Lykken, Senior Vice President of commodity and supply chain at Jennie-O Turkey Store (Willmar, Minn.), has been named the Chief Operating Officer of Applegate. This transition will be effective August 3, 2015. Quam, Director and Business Unit Controller, Hormel Foods International Corporation (HFIC), has been named the Chief Financial Officer of Applegate. This transition will be effective with the close of this transaction. Additionally, Jennifer M. Ehresmann, Director of Marketing for retail and deli at Jennie-O Turkey Store, will advance to the position of Senior Vice President of commodity and supply chain at Jennie-O Turkey Store.

Applegate Farms LLC, Hormel Foods Corporation - M&A Call

To discuss on the acquisition of Applegate Farms LLC by Hormel Foods Corporation

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