BNET Industries

Market Cap:$6.0B
Last Fiscal Year Sales:$5.1B
- Public
- US
Dow Jones Description
For 110 years, Hershey has been the sweetest company around. Founded in 1894 and headquartered in Hershey, PA, Hershey Company (NYSE: HSY) manufactures, distributes, and sells food products. Beyond its famous chocolate brand, the Company sells snacks, gums and mints, and grocery products throughout North America, and 60 countries worldwide. Its products are sold under more than 50 brand names, including Hershey's, Reese's, and others. The Company has revenues of approximately $4.8 billion and employs about 13,000 workers. It recently acquired Scharffen Berger Chocolate Maker.
President & Chief Executive OfficerDavid J. West
Number of Employees 12,800
Peer Companies
NAICS Code Nonchocolate Confectionery Manufacturing: 311340
Recent Events
-
Pa. gun shop gets historical marker for candy
-
Marketing in a recession
-
Hershey’s Unveils New Products, Promotions
-
Hershey Launches Web Site for Convenience Store Operators
-
Higher Prices Help Kraft Profit
-
Companies report earnings and dividends
-
Hershey's profit beats estimates, price hikes help
-
Hershey Q1 profit rises; affirms FY09 view - update
-
Three Successful Viral Marketing Campaigns
-
Higher prices lifts Hershey 1Q profit by 20 pct
-
Macadamia nuts reported to be good for you!
-
Hershey to Webcast First Quarter Conference Call
-
Hershey Implements Optiant Solution for Inventory Optimization
-
STOCKS NEWS EUROPE-Hammerson up on JPMorgan upgradeÂ
-
Hershey Non-Executive Chairman Resigns On Controlling Holder Request
-
Hershey non-executive Chairman Kenneth Wolfe resigns; Nevels elected successor - Update
-
Hershey Co. Names James Nevels To Succeed Kenneth Wolfe As Non-Executive Board Chairman
News & Analysis
Filter by
hershey co. - All News and Analysis
The Hershey Company F1Q09 (Qtr End 04/05/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Robert Moskow – Credit Suisse Robert Moskow – Credit Suisse On second quarter you told us that the tax rate is going to be very low. Is there some kind of a pull forward into first quarter and out of...
Hershey's Sweet Quarter
Ockham Research submits: “We’ll see Hershey posted some sweet numbers. Robert Gray takes a closer look. There’s nothing like chocolate in a recession. …So they raised their own prices. People sort of going down market to the Hershey shares. Still looking to stand behind 2 to 3%. Earnings may...
Two Valentine's Day Sweet and Steady Stocks: Hershey and Coke
Alex Salkever submits: The annual sweetheart celebration is coming this weekend so we thought it a good time to revisit sentiment for two sweet stocks for steady going. The Hershey Company HSY, one of the world's largest chocolate makers, is closing out some of its high-end lines but appears...
The Hershey Company Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. We’ll pause for just a moment to compile the Q&A roster. Your first question comes from the line of Judy Hong with Goldman Sachs. Judy Hong - Goldman Sachs Good morning, everyone. David J. West Morning, Judy....
Earnings Preview: Hershey Co.
The Hershey Company HSY is reporting Q4 earnings on Tuesday, January 27 before the market opens, with a conference call scheduled for 8:30 am EST. Guidance Analysts are expecting EPS of 54c on revenue of $1.38B. The consensus range is 50c-55c for EPS and $1.33B-$1.41B for revenue, according to First...
Peanut Butter Recall Shouldn't Affect Consumer Staples Stocks
Zacks.com submits: The FDA is investigating a peanut paste supplier, Peanut Corporation of America, in connection with a fatal outbreak of salmonella contamination that has hospitalized at least 90 persons and is being blamed for six deaths. Salmonella are bacteria that cause diarrhea, cramping, and fever. The FDA...
The Hershey Company Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Jonathan Feeney - Wachovia Capital Markets, LLC. Jonathan Feeney - Wachovia Capital Markets, LLC I wanted to ask specifically about the convenience and gas channel. It seems like a decrease - there seems to be a mix...
Earnings Preview: The Hershey Company
The Hershey Company HSY is expected to report Q3 earnings before market open Thursday, October 16, with a conference call scheduled for 8:30 am ET.Guidance Analysts are looking for EPS of 65c on revenue of $1.45B. The consensus range is 63c to 67c for EPS, and revenue of $1.45B...
Friday Options Update: MER, AIG, GE, GM, F, XLY, XLP, XME, HSY, MAR, HOLX, CMG
Rebecca Engmann Darst co-authored this report. Merrill Lynch MER shares are in the thick of things today with an 8.3% loss to $17.80 this morning, options volume in Merrill Lynch at upwards of 4742000 contracts has already exceeded ETF/index series. More than twice as many puts are trading as calls...
Food Makers Scrimp on Ingredients in an Effort to Fatten Profits
Trader Mark submits: In 2007 we wrote how food companies, in an effort to "trick" the masses, were keeping prices flat while reducing the size of their boxes. (No inflation that way, right?) Now from the Wall Street Journal, we see the next iteration of that - wholesale substitution or...
Those who viewed this also viewed...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David J. West | President & Chief Executive Officer |
| David W. Tacka | Chief Accounting Officer & Vice President |
| E. Daniel Vucovich | Vice President, Global Chief Customer Officer |
| George F. Davis | Vice President & Chief Information Officer |
| Humberto P. Alfonso | Senior Vice President & Chief Financial Officer |
| Michele Buck | Senior Vice President & Global Chief Marketing Officer |
| Burton Snyder | Senior Vice President, General Counsel & Secretary |
| Gregg A. Tanner | Senior Vice President, Global Operations |
| John Bilbrey | Senior Vice President & President, Hershey North America |
| Thaddeus J. Jastrzebski | Senior Vice President & President, Hershey International |
| Andrew W. Jacobs | Vice President, Wal*Mart Global |
| Bernard M Banas Jr. | Vice President, Customer Innovation |
| Bill O. Turner | Vice President, Logistics & Customer Service |
| Bruce A. Brown | Vice President, Business Process Optimization |
| Bryan C. Crittenden | Vice President, Business Development, International Commercial Group |
| Bryon Klemens | Vice President, Finance and Planning, North American Commercial Group |
| Chris Daniel Azzara | Vice President, Global Research and Development |
| D. Michael Wege | Vice President, Asia |
| Daniel T. Darcy | Vice President, Manufacturing, North America |
| David G. Onorato | Vice President, Global Convenience Stores and Specialty Retail |
| Dennis Eshleman | Vice President, Strategy & Innovation |
| Donald A. Mastrorocco | Vice President, Quality and Regulatory Compliance |
| Donald C. Papson | Vice President & General Manager, The Hershey Experience |
| Greg J. Kaiser | Vice President, Supply Chain Strategy |
| James A. Edris | Vice President, Investor Relations |
| James George | Vice President, Pkgng |
| Javier H. Idrovo | Senior Vice President, Strategy & Business Development |
| Jay A. Cooper | Vice President, U.S. Chocolate |
| John A. Stachowiak | Vice President, Internal Audit |
| John C. Long | Vice President, Corporate Affairs |
| Joseph Zakutney | Vice President, Applications Development |
| Kathryn M. McGrath | Vice President, Total Compensation and Benefits |
| Kristen E. Anderson | Vice President, Brand Integration |
| Lori Klucker | Vice President, Business Development |
| Michelle J. Gloeckler | Vice President, the Hershey Experience |
| Patricia C. Mooney | Vice President, Org Effectiveness |
| R. Montgomery Garrabrant | Vice President, US Finance & Planning |
| Raymond Brace | Vice President, Operations and Technology |
| Robert J. Mazzoni Jr. | Vice President, Global Sourcing & Treasurer |
| Robert L. Woelfing | Vice President, Global Sourcing & Operations Strategy |
| Robert P. Goodpaster | Vice President, Global Strategy and Integrated Business Intelligence |
| Susan M. Angele | Vice President and Deputy General Counsel |
| Susan M. Sinclair | Vice President, Continuous Improvement |
| Thomas C. Smuda | Vice President, North American Retail |
| Thomas Joyce | Vice President, Customer & Industry Affairs |
| Timothy P. Dunigan | Vice President, Sales, International Commercial Group |
| Tom P. Cumpson | Vice President, Natl Club, Drug & Dollar Customers |
| Walter Woods Jr. | Vice President, Broker Network & Special Trade Channels, US |
| Andre Goodlett | Senior Director, Inclusion & Diversity |
| Bruce D. Fair | Director, Packaging Procurement |
| Don Gates | Director, Conferences |
| Eric Lent | Director, Hershey Brand |
| Gary Yannes | Director, Admin & End, User Computing |
| Mark K. Pogharian | Director, Investor Relations |
| Sandra K. Hand | Director, Packaging Development |
| Stephanie Moritz | Director, Public Relations |
| Eric Snyder | Manager, Advertising & Promos |
| Gerald R. Urich | Assistant Controller |
| Bonnie S. Martin | Assistant Corporate Secretary |
| James G. Nolan | Assistant Treasurer |
| John R. Steller, III | Assistant Treasurer |
| Joseph A. Cottonaro | Assistant Secretary and Assistant Treasurer |
| Steven J. Holsinger | Assistant Secretary |
| Vincent R. Clempson | Assistant Secretary |
| Jon A. Boscia | Executive Committee Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James E. Nevels | Chairman |
| Arnold G. Langbo | Board of Directors |
| Charles A. Davis | Board of Directors |
| Charles B. Strauss | Board of Directors |
| Edward J. Kelly III | Board of Directors |
| LeRoy S Zimmerman | Board of Directors |
| Robert F. Cavanaugh | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | President and Chief Executive Officer | Current |
| The Hershey Co. | President & Chief Executive Officer | Current |
| Hershey Foods Corporation | Director | Current |
| Tasty Baking Company | Board of Directors | Current |
| The Hershey Co. | Board of Directors | Current |
| The Hershey Co. | Executive Vice President & Chief Operating Officer | Former |
| The Hershey Co. | Senior Vice President & Chief Customer Officer | Former |
| Nabisco Brands, Inc. | Senior Vice President & Chief Financial Officer, Nabisco Biscuit and Snacks Group | Former |
| The Hershey Co. | Chief Financial Officer | Former |
| Bucknell University | B.A. Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Chief Accounting Officer & Vice President | Current |
| The Hershey Co. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Chief Customer Officer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President & Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President & Chief Financial Officer | Current |
| Cadbury Schweppes Americas Beverages | Executive Vice President, Finance | Former |
| North American Commercial Inc | Vice President, Finance & Planning | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President & Global Chief Marketing Officer | Current |
| The Hershey Co. | Chief Marketing Officer, U.S. | Former |
| The Hershey Co. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President, General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President, Global Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President & President, Hershey North America | Current |
| The Hershey Co. | President International Commercial Group | Former |
| The Hershey Co. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President & President, Hershey International | Current |
| The Hershey Co. | Vice President, International Finance & Planning | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Wal*Mart Global | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Customer Innovation | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Logistics & Customer Service | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Business Process Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Business Development, International Commercial Group | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Finance and Planning, North American Commercial Group | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Research and Development | Current |
| The Hershey Co. | Vice President, Global Innovation & Quality | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Asia | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Manufacturing, North America | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Convenience Stores and Specialty Retail | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Strategy & Innovation | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Quality and Regulatory Compliance | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President & General Manager, The Hershey Experience | Current |
| The Hershey Co. | General Manager, Hershey's Chocolate World | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Supply Chain Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Pkgng | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Vice President, Strategy & Business Development | Current |
| Dole Food Company, Inc. | Vice President of Strategy | Current |
| OCEAN SMART, INC. | Director | Current |
| Dole Food Company, Inc. | President | Former |
| Dole Food Company, Inc. | President, Dole Packaged Foods | Former |
| Dole Packaged Foods | CFO | Former |
| Dole Packaged Foods | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, U.S. Chocolate | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Corporate Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Applications Development | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Total Compensation and Benefits | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Brand Integration | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, the Hershey Experience | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Org Effectiveness | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, US Finance & Planning | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Operations and Technology | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Sourcing & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Sourcing & Operations Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Global Strategy and Integrated Business Intelligence | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President and Deputy General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Continuous Improvement | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, North American Retail | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Customer & Industry Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Sales, International Commercial Group | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Natl Club, Drug & Dollar Customers | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Vice President, Broker Network & Special Trade Channels, US | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Senior Director, Inclusion & Diversity | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Packaging Procurement | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Conferences | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Hershey Brand | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Admin & End, User Computing | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Packaging Development | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Director, Public Relations | Current |
| The Hershey Co. | Director, Public Relations | Former |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Manager, Advertising & Promos | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Controller | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Corporate Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Secretary and Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Swarthmore Group | Chairman & Founder | Former |
| Tasty Baking Company | Chairman, The Swarthmore Group | Current |
| The Hershey Co. | Chairman | Current |
| Tasty Baking Company | Board of Directors | Former |
| Berea College | Board of Directors | Current |
| University of Pennsylvania | Board of Directors | Current |
| Drexel University | Board of Directors | Current |
| Hershey Trust Company | Board of Directors | Current |
| The Swarthmore Group | Chief Executive Officer | Former |
| The Hershey Co. | Board of Directors | Former |
| University of Pennsylvania Law School | J.D. Degree | Former |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. Degree | Former |
| Wharton Graduate School of the University of Pennsylvania | A.B. Degree In Political Science and Philosophy | Former |
| Bucknell University | A.B. | Former |
| University of Pennsylvania Law School | A.B. Degree In Political Science and Philosophy | Former |
ARNOLD G. LANGBO, age 71, retired in 2000 as Chairman of Kellogg Company, Battle Creek, Michigan, a producer of cereal and convenience foods. He held that position from January 1992 and also served as Chief Executive Officer from January 1992 until May 1999. He is a director of Johnson & Johnson, Whirlpool Corporation and Weyerhaeuser Company. A Hershey director since 2007, he chairs the Compensation and Executive Organization Committee and is a member of the Executive Committee. He was elected by the holders of the Common Stock voting separately as a class.
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Board of Directors | Current |
| Johnson & Johnson | Board of Directors | Current |
| Whirlpool Corporation | Board of Directors | Current |
| Weyerhaeuser Company | Board of Directors | Current |
| Hershey Foods Corporation | Board of Directors | Current |
| Kellogg Company | Chief Executive Officer | Former |
| Johnson & Johnson | member | Former |
Charles A. Davis has served as a director since our inception. Since June 2005, Mr. Davis has been a member and the Chief Executive Officer of Stone Point Capital LLC. From 1998 until May 2005, he was with MMC Capital, Inc., a subsidiary of Marsh & McLennan Companies, Inc., serving as the Chief Executive Officer from 1999 to 2005 and Chairman from 2002 to 2005. He also served as a Vice Chairman of Marsh & McLennan Companies, Inc. from 1999 to November 2004. Prior to joining MMC Capital in 1998, Mr. Davis spent 23 years at Goldman, Sachs & Co., where, among other positions, he served as head of Investment Banking Services worldwide, head of the Financial Services Industry Group, a General Partner, a Senior Director and a Limited Partner. Mr. Davis also is a director of Media General, Inc., The Hershey Company and The Progressive Corporation.
| Organization | Position | Status |
|---|---|---|
| Stone Point Capital LLC | Chief Executive Officer | Current |
| NYSE Group, Inc. | Current | |
| MMC Capital | Chairman | Current |
| Progressive Casualty Insurance Company | Board of Directors | Current |
| The Progressive Corporation | Board of Directors | Current |
| The Hershey Co. | Board of Directors | Current |
| AXIS Capital Holdings Limited | Board of Directors | Current |
| Media General, Inc. | Board of Directors | Current |
| MMC Capital | CEO | Former |
| MMC Capital | President | Former |
| The Goldman Sachs Group, Inc. | Senior Director, and a Limited Partner | Former |
| Goldman, Sachs & Co. | Former | |
| MMC Capital, Inc. | Former | |
| Merchants Bancshares, Inc. | Board of Directors | Current |
| Marsh & McLennan Companies, Inc. | Director | Former |
| University of Vermont | B.A. | Former |
Mr. Strauss served as President and Chief Executive Officer of Unilever United States, Inc., a primary business group of Unilever, the international food and home and personal care organization ("Unilever"), from May 2000 until his retirement in December 2004. Mr. Strauss is a member of the Board of Directors of Aegis Group plc and The Hershey Company.
| Organization | Position | Status |
|---|---|---|
| The Hartford Financial Services Group, Inc. | Board of Directors | Current |
| Hershey Foods Corporation | Board of Directors | Current |
| The Hershey Co. | Board of Directors | Current |
| Aegis Group plc | Board of Directors | Current |
| Unilever Plc | Chief Executive Officer | Former |
| Unilever United States Inc. | Chief Executive Officer | Former |
| Unilever United States Inc. | President | Former |
| Unilever Plc | President, Home & Personal Care, North America | Former |
| Unilever United States Inc. | North America Committee Chairman | Former |
| Aegis Group | member | Former |
Edward "Ned" Kelly was named Chief Financial Officer of Citi in March 2009. He is responsible for the financial management of the company in addition to Strategy & M&A and Productivity & Reengineering. Prior to being named CFO, Ned was Head of Global Banking, Citi Private Bank and President and Chief Executive Officer of Citi Alternative Investments in Citi's Global Institutional Bank. He is a member of Citi's Senior Leadership and Executive Committees. Mr. Kelly joined Citi in February 2008 from The Carlyle Group, a private investment firm, where he was a Managing Director. Prior to joining Carlyle in July 2007, he was a Vice Chairman at The PNC Financial Services Group following PNC's acquisition of Mercantile Bankshares Corporation in March 2007. He was Chairman, Chief Executive and President of Mercantile from March 2003 through March 2007 and Chief Executive and President from March 2001 to March 2003. Before Mercantile, Mr. Kelly was at J.P. Morgan Chase & Co. where he was Managing Director and head of Global Financial Institutions and co-head of Investment Banking Client Management. He joined J.P. Morgan in 1994 as its General Counsel and Secretary. In 1996, he became a Managing Director and subsequently ran various parts of J.P. Morgan's investment banking business, including Global Financial Institutions and Latin America. Prior to joining J.P. Morgan, Mr. Kelly was a partner at the law firm of Davis Polk & Wardwell, where he specialized in matters related to financial institutions. Early in his career, Mr. Kelly served as a law clerk to Supreme Court Justice William J. Brennan, Jr. and U.S. Court of Appeals Judge Clement F. Haynsworth, Jr. Prior to law school, he served as a legislative assistant and, later, press secretary to U.S. Senator Richard S. Schweiker. He serves on the Boards of Directors of The Hartford Financial Services Group, CSX Corporation and SIFMA. He also serves on the Boards of Trustees of Johns Hopkins Medicine and the University of Virginia Law School Foundation. In the past, he has served on the Boards of Directors of CIT Group, Axis Capital Holdings, Paris Re Holdings, Constellation Energy, the American Stock Exchange, Johns Hopkins University and The Hershey Company, among others. Mr. Kelly received his bachelor's degree from Princeton University and his J.D. from the University of Virginia School of Law.
| Organization | Position | Status |
|---|---|---|
| Citigroup Inc. | Chief Financial Officer | Current |
| CSX Real Property Inc. | Director | Current |
| Petroleum & Resources Corporation | Director | Current |
| AXIS Capital Holdings Limited | Director | Current |
| Johns Hopkins Medicine | Board of Directors | Current |
| GMAC | Board of Directors | Current |
| The Hartford Financial Services Group, Inc. | Board of Directors | Current |
| CSX Corporation | Board of Directors | Current |
| The Johns Hopkins University | Board of Directors | Current |
| CIT Group Inc. | Board of Directors | Current |
| Adams Express Company | Board of Directors | Current |
| The Hershey Co. | Board of Directors | Current |
| The Hartford Financial Services Group, Inc. | Audit Committee Member | Current |
| Meteor Communications Corp | Committee Member | Current |
| CSX Real Property Inc. | Committee Member | Current |
| Citigroup Alternative Investments LLC | President & Chief Executive Officer | Former |
| Mercantile Bankshares Corporation | Chief Executive Officer | Former |
| Citigroup Inc. | President & CEO, Citi Alternative Investments | Former |
| Mercantile Bankshares Corporation | President | Former |
| The Mercantile, Inc. | President | Former |
| The Mercantile, Inc. | Chief Executive | Former |
| The Carlyle Group Inc. | Managing Director, Financial Institutions Group | Former |
| JPMorgan Chase & Co. | Managing Director | Former |
| JPMorgan Chase & Co. | Co-Head of the Investment Banking Client Management Group | Former |
| Citigroup Inc. | Head, Global Banking, Institutional Clients Group | Former |
| The Mercantile, Inc. | Chairman | Former |
| The American Stock Exchange LLC | Board of Directors | Former |
| The PNC Financial Services Group Inc. | Vice Chairman | Former |
| The Mercantile, Inc. | Director | Former |
| Mercantile Bankshares Corporation | Board of Directors | Former |
| Constellation Energy Group, Inc. | Director | Former |
| University of Virginia School of Law | J.D. | Former |
| Princeton University | Bachelor's Degree | Former |
| CSX Corporation | member | Former |
LeRoy S. Zimmerman is Vice President of the Society. He was Pennsylvania's first elected Attorney General, a position he held for eight years, beginning in 1981. Immediately preceding that, he served as Dauphin County District Attorney for 15 years. Currently, Mr. Zimmerman is Senior Counsel for the firm of Eckert Seamans Cherin & Mellott, LLC. He is Chairman of the Milton Hershey School Board of Managers and the Hershey Trust Company Board of Directors and is active in numerous professional and civic organizations. LeRoy S. Zimmerman is a graduate of Villanova University and the Dickinson School of Law.
| Organization | Position | Status |
|---|---|---|
| PA Society | Vice President | Current |
| Eckert, Seamans, Cherin & Mellott LLC | Senior Counsel | Current |
| The Hershey Co. | Board of Directors | Current |
| Hershey Trust Company | Board of Directors | Current |
| Dickinson School of Law | Former | |
| Villanova University | Former |
ROBERT F. CAVANAUGH, age 50, is Managing Director of DLJ Real Estate Capital Partners, Los Angeles, California, a subsidiary of Credit Suisse and a leading global investment banking firm. He has held that position since October 1999. He is a director of Hershey Trust Company and a member of the board of managers of Milton Hershey School. A Hershey director since 2003, he is a member of the Audit Committee and the Compensation and Executive Organization Committee.
| Organization | Position | Status |
|---|---|---|
| The Hershey Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sun Life Financial Inc. | President | Current |
| Sun Life Assurance Company of Canada | President | Current |
| Armstrong World Industries, Inc. | Board of Directors | Current |
| Southern Company | Board of Directors | Current |
| Temple University | Board of Trustees | Current |
| The Financial Services Roundtable | Member | Current |
| American Council of Life Insurers | Member | Current |
| The Hershey Co. | Executive Committee Member | Current |
| The Lincoln National Life Insurance Co. | CEO | Former |
| Lincoln Financial Group | Chief Executive Officer | Former |
| The Lincoln National Life Insurance Co. | President | Former |
| Lincoln Financial Group | President, Investment Management | Former |
| Lincoln Financial Group | Chief Investment Officer | Former |
| Lincoln Financial Group | Executive Vice President, Investment Management | Former |
| Lincoln Financial Group | Chairman | Former |
| The Hershey Co. | Chairman | Former |
| The Hershey Co. | Board of Directors | Former |
| Lincoln Financial Group | Director | Former |
| Point Park University | Honorary Doctor of Human Letters Degree | Former |
| Duquesne University | MBA | Former |
| Point Park University | Bachelor’S Degree | Former |
| Duquesne University | Bachelor of Arts In Psychology and Honorary | Former |
Executive News
-
Walgreens F3Q09 (Qtr End 5/31/09) Earnings Call Transcript
-
Reeses Loves You Back Gives Consumers Relief at the Pump and Grocery Check Out Lines Nationwide
-
Lincoln sells UK operations, taps TARP
-
Lincoln Natl to raise $2.3 B from taxpayers, stock, debt, sale
-
Citigroup Files to Increase Shares Outstanding to 60 Billion
-
UPDATE 2-Citi hires Morgan Stanley's James von Moltke
-
UPDATE 1-Citi hires Morgan Stanley's James von Moltke
-
Hershey history at gun shop site
-
Hershey marker unveiled at gun-store site
-
Ten Winners For the New Consumer - Barron's
-
Marker honoring Hershey goes up near gun shop
Industry Transcripts by Seeking Alpha
-
Constellation Brands F1Q10 (Qtr End 05/31/09) Earnings Call Transcript
on Jul 01, 2009about STZ
-
General Mills F4Q09 (Qtr End 05/31/09) Earnings Call Transcript
on Jul 01, 2009about GIS
-
General Mills, Inc. F4Q09 (Qtr End 05/31/09) Earnings Call Transcript
on Jul 01, 2009about GIS
-
Red Robin Gourmet Burgers, Inc. Q1 2009 Earnings Call Transcript
on Jun 30, 2009about RRGB
-
ConAgra Foods, Inc. F4Q09 (Qtr End 05/31/09) Earnings Call Transcript
on Jun 25, 2009about CAG
Glass Door
Hershey
IndustryTop Rated
- Stevia Presents Bitter Challenge 21 votes
- Starbucks No Longer a Luxury? 17 votes
- Store Brands No Longer So Generic 15 votes
- Pizza Patron: Smaller Chain Proving Recession-Proof 13 votes
- New Food Labels Follow Meat Over Borders 13 votes
