The Hershey (HSY) Company announced that Michele Buck, Chairman of the Board of Directors, President and CEO, has informed the Board of her intention to retire from the company effective June 30, 2026. Buck intends to serve in her existing roles until her successor is appointed, at which time she plans to resign from the Board and transition to a senior advisor role until her retirement. The Board has appointed a special committee to direct the search for the company’s next CEO and will consider external and internal candidates, in partnership with a nationally recognized search firm. Hershey reaffirms its previously announced full-year 2024 financial outlook and intends to provide its 2025 outlook in connection with its regularly scheduled earnings release in February.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSY:
- Hershey set to announce exit of CEO Buck, Semafor reports
- Hershey (HSY) Seeks Permission for Record Cocoa Buy
- Hershey seeks permission for large cocoa futures purchase, Bloomberg says
- Hershey price target lowered to $172 from $190 at TD Cowen
- Hershey price target lowered to $177 from $189 at Bernstein