February 25, 2026 - 04:53

In a strategic move to accelerate its digital evolution, Hormel Foods Corporation has announced the creation of a new executive position, Chief Technology Officer. The global branded food company has appointed Donald Monk to fill this inaugural role, effective immediately.
Monk brings over two decades of extensive technology and digital transformation experience to Hormel. In his new capacity, he will be responsible for overseeing the company's enterprise-wide technology strategy. His mandate includes driving innovation, enhancing cybersecurity measures, and leading the development of advanced digital capabilities across all business segments. This initiative is designed to streamline operations and support the corporation's long-term growth objectives in an increasingly digital marketplace.
Company leadership emphasized that this appointment underscores a commitment to integrating advanced technology at the core of its operations. By establishing a dedicated CTO position, Hormel aims to foster greater agility and leverage data-driven insights to improve efficiency, product development, and customer engagement. Monk's background in guiding large-scale technological modernization is expected to be instrumental in shaping the future of the historic food company.
February 26, 2026 - 01:32
UBS Global Wealth CIO Says Ditch Coders for Builders as AI BoomsAs artificial intelligence reshapes the investment landscape, a leading strategist advises a pivot toward tangible, physical-world enterprises. According to Ulrike Hoffmann-Burchardi, Global Head...
February 24, 2026 - 19:45
SEALSQ Deepens Technology Focus on CMOS-Compatible Quantum ArchitecturesThe drive towards practical quantum computing is seeing a significant push in the development of silicon-based technologies. A key player in semiconductor innovation is now intensifying its...
February 24, 2026 - 13:33
JPMorgan will spend almost $20 billion on technology this yearFinancial giant JPMorgan Chase is making an unprecedented investment in its technological future, announcing plans to spend close to $20 billion on technology initiatives this year. This...
February 23, 2026 - 19:52
FSU’S 2026 Artificial Intelligence and Machine Learning Expo explores latest applications for technology across industriesThis week, Florida State University will bring together experts on artificial intelligence and machine learning to explore the role of agentic AI — a type of technology designed to act...