Hormel CEO gets raise, among highest paid in Minnesota

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Hormel CEO Jeffrey Ettinger's total compensation is up 5 percent to $11.5 million, further solidifying his spot in the top 10 highest paid corporate leaders in Minnesota, the Business Journal reports.

He was No. 8 on the list last year, the publication says.

Ettinger has been with the Austin-based company in various roles since 1989.

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