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Hershey Foods (HSY) Board Member James E. Nevels Announces Intention to Not Stand for Re-election

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James E. Nevels Announces Intention to Not Stand for Re-election on The Hershey Company Board of Directors

October 14, 2016 4:08 PM EDT

HERSHEY, Pa.--(BUSINESS WIRE)-- The Hershey Company (NYSE: HSY) today announced that James E. Nevels, the companys lead independent director, has informed the company that he does not intend to stand for re-election at the companys 2017 Annual Meeting of Stockholders. Nevels, age 64, was elected to the Hershey Board of Directors in 2007 and served as non-executive chairman from 2009 until 2015. Nevels will continue to serve as lead independent director for the remainder of his term.

It has been an honor to serve on the board of the... More

John P. Bilbrey Announces Intention to Retire as CEO of The Hershey Company

October 14, 2016 7:19 AM EDT

Process to Identify Successor Underway; Company Reaffirms Outlook for Full Year 2016

HERSHEY, Pa.--(BUSINESS WIRE)-- The Hershey Company (NYSE: HSY) today announced that John P. Bilbrey, Chairman, President and Chief Executive Officer, intends to retire from the company July 1, 2017. Bilbrey will continue as non-executive chairman of Hersheys Board of Directors following his retirement as President and CEO.

I have had the privilege of working in consumer packaged goods for more than 35 years and leading The Hershey Company has been the highlight of my career, said... More