AUSTIN, MINN. — Thomas R. Day has been promoted to executive vice-president of Refrigerated Foods at Hormel Foods Corp. from his current role as group vice-president of Refrigerated Foods. In his new role, Mr. Day will be responsible for the management of Hormel’s largest business unit.

Mr. Day joined Hormel in 1981 and has held positions of increasing responsibility in sales, sales management and general management. He was named senior vice-president of food service in 2007 and promoted to group vice-president of food service in 2010. Mr. Day assumed his current role in October 2013.

Additionally, Hormel announced that Steven G. Binder, executive vice-president and president of Hormel Business Units, will retire at the end of the second quarter. Mr. Binder is responsible for Hormel’s Refrigerated Foods and Grocery Products reporting segments as well as Consumer Products Sales.

Mr. Binder joined Hormel in 1979 and progressed through a number of sales and management positions within the meat products and food service groups. He was eventually named vice-president of the food service group, group vice-president of the food service group and group vice-president of Refrigerated Foods. In 2010, Mr. Binder advanced to executive vice-president of Refrigerated Foods and assumed his current position in 2011.

“The experience and knowledge of our senior leadership team have always been a key differentiating factor for Hormel Foods, and that’s certainly evident in the careers of Steve and Tom,” said Jim Snee, chairman, president and chief executive officer of Hormel Foods. “Steve has been an important leadership force within Hormel Foods, and has achieved a great track record of success throughout his 38-year career. Tom’s career at Hormel Foods also spans well over three decades, and he has been instrumental in the continued growth and success of Refrigerated Foods. I wish Steve all the best in retirement and look forward to working more closely with Tom in the years ahead.”