Reported 2 days ago
Michele Buck, the CEO of Hershey, will retire on June 30, 2026, after leading the chocolate company for over seven years. She plans to remain in her role until a successor is appointed and will then transition to a senior advisor position. Hershey is facing challenges due to rising cocoa costs and a slowdown in demand, prompting the need for a new CEO to navigate these issues. The company has set up a special committee to search for Buck's replacement.
Source: YAHOO