Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Hershey Shakes Up Management

Hershey (NYSE: HSY  ) is instituting a management shake-up this week.

On Wednesday, the self-proclaimed "largest producer of quality chocolate in North America" announced that effective May 13:

  • Chief Financial Officer and Chief Administrative Officer Humberto P. Alfonso will become president of the company's International operations.
  • David W. Tacka will take over Alfonso's duties as chief financial officer on that date.
  • New hire Waheed Zaman will take over as chief administrative officer more quickly, on April 29.
  • Chief Growth Officer Michele G. Buck will be promoted to president of the North America division.
  • Chief Commercial Officer D. Michael Wege will be promoted to chief growth and marketing officer.
  • Current U.S. business head E. Daniel Vucovich will take Wege's place, promoted to chief commercial officer.

Hershey shares closed down 2.1% at $89.34 in Wednesday trading, ahead of these announcements.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2385508, ~/Articles/ArticleHandler.aspx, 10/1/2016 3:22:15 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 6 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
HSY $95.60 Up +0.96 +1.01%
The Hershey Compan… CAPS Rating: ***