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The Hershey Company ( (HSY) ) just unveiled an announcement.
On January 10, 2025, The Hershey Company announced the planned retirement of Michele G. Buck, its Chairman, President, and CEO, effective June 30, 2026. To manage the transition, Buck will continue in her roles until a successor is appointed and then serve as a Special Advisor until her retirement. The Company has established a special committee to oversee the search for a new CEO, considering both internal and external candidates. Buck has been instrumental in expanding Hershey into broader snacking categories and driving international growth, marking significant achievements during her tenure. The updated employment agreement outlines her compensation and consulting arrangement through her retirement, emphasizing her continued strategic support during the transition period.
More about The Hershey Company
The Hershey Company is a leading snacks company renowned for its iconic brands such as Hershey’s, Reese’s, Kisses, and Kit Kat®, with over 90 brand names in approximately 80 countries, driving annual revenues of over $11.2 billion. Known for its commitment to ethical and sustainable operations since its founding, Hershey focuses on delivering high-quality products while maintaining a strong presence in both confectionery and broader snacking categories.
YTD Price Performance: -7.99%
Average Trading Volume: 2,194,243
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $31.43B
Find detailed analytics on HSY stock on TipRanks’ Stock Analysis page.
