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The Hershey Company

Business
Hershey CEO Michele Buck To Retire After 20 Years With The Company Hershey CEO Michele Buck To Retire After 20 Years With The Company
Hershey CEO Michele Buck To Retire After 20 Years With The Company Michele Buck, CEO and Chairman of the Board of The Hershey Company, has announced her plans to retire after more than two decades with the iconic candy maker, the company said on Friday, Jan. 10. Buck, who has led Hershey as CEO for the past eight years, will step down on June 30, 2026. She intends to continue in her current role until a successor is chosen, after which she will transition to a senior advisor position before officially retiring. The Hershey Board of Directors has initiated a search for her replacement, considering both internal and external candidates with the assistance …

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by Jillian Pikora
Business
Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out
Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out Mondelez International, the company behind brands like Oreo and Cadbury, is reportedly considering acquiring The Hershey Company, a move that could create one of the world's largest confectionery firms, according to multiple outlets and first reported by Bloomberg. Preliminary discussions have taken place, but there's no certainty that a deal will be finalized. This news led to a significant surge in Hershey's stock price, which rose approximately 13% to $199.52 on Monday, Benzinga reported. In contrast, Mondelez's shares experienced a decline of about 4%, Reuters explained. It's importa…

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by Jillian Pikora