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Dow Jones Description
HERSHEY, Pa., Feb. 20 /PRNewswire-FirstCall/ -- In a presentation today at the 2007 Consumer Analyst Group of New York (CAGNY) conference, The Hershey Company (NYSE: HSY) reaffirmed it's long-term financial expectations. Specifically, the Company expects net sales growth of 3-4 percent, a 70-90 basis point improvement in EBIT margin from operations, and 9-11 percent growth in diluted earnings per share from operations.
President and Chief Executive Officer
David J. WestNumber of Employees 2,999
Peer Companies
NAICS Code Confectionery Manufacturing from Purchased Chocolate: 311330
News & Analysis
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hershey foods corp. - All News and Analysis
Zacks Analyst Interview Highlights: Hain Celestial, Hershey Foods, Dean Foods and Sara Lee
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Steven Ralston, who discusses Hain Celestial (Nasdaq: HAIN), Hershey Foods (NYSE: HSY), Dean Foods (NYSE: DF) and Sara Lee (NYSE: SLE).
Zacks Analyst Interview Highlights: Hershey Foods, Dean Foods, Pepsi Bottling Group, Colgate-Palmolive and UST
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Steven Ralston, who discusses Hershey Foods (NYSE: HSY), Dean Foods (NYSE: DF), Pepsi Bottling Group (NYSE: PBG), Colgate-Palmolive (NYSE: CL) and UST (NYSE: UST).
Zacks Analyst Interview Highlights: Hershey Foods, Dean Foods and Pepsi Bottling Group
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Steven Ralston, who discusses Hershey Foods (NYSE: HSY), Dean Foods (NYSE: DF) and Pepsi Bottling Group (NYSE: PBG).
Candy-inspired Brownies and Cookies.(PRODUCT UPDATE)(Brief article)
Hershey Foods (717) 534-4200 Hershey brings something new to the baked snacks category with the rollout this month of Hershey's and Reese's Brownies. The Hershey's Real Milk Chocolate Brownie is made with Hershey's chocolate chips...
Kisses attempts to smother M&M's; Hershey takes aim at Masterfoods' $1 billion candy-coated franchise.(Hershey Foods Corp.)
Byline: STEPHANIE THOMPSON Byline: STEPHANIE THOMPSON
Power brokers: our picks for the 11 most influential people in the food industry don't believe in the status quo.(Cover Story)
Influence. Power Clout. There are various definitions and measures of these seemingly intangible assets. When the new president of Ukraine takes your meeting because you knew him in his banker days (1), you've got it. When President Ronald Reagan and former Soviet president Mikhail Gorbachev visit...
Hershey changes name, logo.(Hershey Foods Corp)(The Hershey Co)(Brief Article)
HERSHEY, PA -- Hershey Foods Corp. has changed its name to The Hershey Co., and unveiled a new logo. The company is said to be focusing on global growth and increasing its presence in the snack category. HERSHEY, PA -- Hershey Foods Corp. has...
Hershey Foods tabs Kraft's Michele Buck for dual posts.(PEOPLE IN THE NEWS)
Hershey Foods Corp. announced that Michele Buck has been named senior vice president of the corporation and president of its recently formed U.S. Snacks Group. In this position, Buck will serve as an officer of the corporation and will report to Ri Hershey Foods...
Hershey name change official, more extensions enroute.(NEWS)
HERSHEY, PA -- Hershey Foods Corp. Changed its name to The Hershey Co. and unveiled a new logo. Shareholders also approved doubling the number of the company's available shares to more than one billion. According to Chief Executive and President Rich HERSHEY, PA -- Hershey Foods...
Pelon Pelo Rico makes tracks.(MARKETING & MERCHANDISING)
Pelon Pelo Rico graphics graced the No. 21 Chevrolet driven by Kevin Harvick in the inaugural NASCAR Busch Series race held recently in Mexico City. The spicy Pelon Pelo candy, acquired by Hershey Foods when it acquired Grupo Lorena in 2004, is one Pelon...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David J. West | President and Chief Executive Officer |
| Charlene H. Binder | Senior Vice President, Chief People Officer |
| David W. Tacka | Vice President, Chief Accounting Officer |
| E. Daniel Vucovich Jr. | Vice President, Global Chief Customer Officer |
| George F. Davis | Senior Vice President, Chief Information Officer |
| Humberto P. Alfonso | Senior Vice President, Chief Financial Officer |
| Michele G. Buck | Senior Vice President, Global Chief Marketing Officer |
| William Christ | Cfo |
| Burton H. Snyder | Senior Vice President, General Counsel and Secretary |
| Javier H. Idrovo | Senior Vice President, Strategy and Business Development |
| John P. Bilbrey | Senior Vice President, President Hershey North America |
| Terence L. O'Day | Senior Vice President, Global Operations |
| Thaddeus J. Jastrzebski | Senior Vice President, President Hershey International |
| Andrew B. McCormick | Vice President, Public Affairs |
| Bernard M. Banas Jr. | Vice President, Customer Innovation |
| Bruce A. Brown | Vice President, Business Process Optimization |
| Bryon L. Klemens | Vice President, Finance and Planning |
| C. Daniel Azzara | Vice President, Global Research and Development |
| D. Michael Wege | Vice President, U.S. Chocolate |
| Daniel T. Darcy | Vice President, Manufacturing |
| David G. Onorato | Vice President, Global Convenience Stores and Specialty Retail |
| Diane J. Hall-Lorello | Vice President, Global Portfolio Innovation |
| Donald A. Mastrorocco Jr. | Vice President, Quality and Regulatory Compliance |
| Greg J. Kaiser | Vice President, Operations Strategy and Commercial Integration |
| John A. Stachowiak | Vice President, Internal Audit |
| Joseph J. Zakutney Jr. | Vice President, Applications Development |
| Karen M. Mooney | Vice President, Global Human Resources |
| Kathryn M. McGrath | Vice President, Total Compensation and Benefits |
| Lindsay B. Ward | Vice President, Global Sourcing and Material Solutions |
| Mark K. Pogharian | Vice President, Investor Relations |
| Michelle J. Gloeckler | Vice President, Strategic Customers |
| Milton P. Brice | Vice President, Finance |
| Peter F. Smit | Vice President, Managing Director, Asia and Middle East |
| Richard B. Andrews | Vice President, Marketing |
| Richard C. Gates | Vice President, Global Commercial Innovation and Premium |
| Richard M. Rocchi | Vice President, Seasons and Packtypes |
| Robert P. Goodpaster | Vice President, Global Insights |
| Steven C. Schiller | Vice President, Marketing Excellence |
| Susan M. Sinclair | Vice President, Continuous Improvement |
| Thomas C. Smuda | Vice President, Retail |
| Timothy P. Dunigan | Vice President, Sales |
| Gerald R. Urich | Assistant Controller |
| Jennifer Utterback | Senior Executive Assistant |
| Bonnie G Hill | Director |
| Mackey J. McDonald | Director |
| Robert H. Campbell | Director |
| Rosa C. Stroh | Treasurer |
| Harriet Edelman | Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James E. Nevels | Chairman of The Swarthmore Group, Philadelphia, Pennsylvania |
| Arnold G. Langbo | Board of Directors |
| Bonnie S. Martin | Board of Directors |
| Charles B. Strauss | Board of Directors |
| David Shedlarz | Board of Directors |
| James G. Nolan | Board of Directors |
| John R. Steller III | Board of Directors |
| Joseph A. Cottonaro | Board of Directors |
| Leroy S. Zimmerman | Board of Directors |
| Robert F. Cavanaugh | Board of Directors |
| Steven J. Holsinger | Board of Directors |
| Vincent R. Clempson | 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 |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Chief People Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Chief Customer Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Global Chief Marketing Officer | Current |
William Christ is a retired Senior Executive Vice President and COO/CFO of Hershey Foods and served four years in the United States Air Force, earning the rank of Captain. He has a bachelor's degree in Business Administration from Virginia Polytechnic Institute and State University and an M.A. in Business from the Pennsylvania State University. In addition, he attended both the International Management Development Institute and the International Management Institute in Switzerland. He was also honored with the Alumni Fellow of The Pennsylvania State University in 1991.
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Cfo | Current |
| Hanson Technologies, Inc. | Chairman | Current |
| Hershey Foods Corporation | Senior Executive Vice President | Former |
| Hershey Foods Corporation | Senior Executive Vice President | Former |
| The Pennsylvania State University | M.A. In Business | Former |
| Virginia Polytechnic Institute and State University | Bachelor's Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, General Counsel and Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Strategy and Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, President Hershey North America | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, Global Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Vice President, President Hershey International | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Public Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Customer Innovation | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Business Process Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Finance and Planning | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Research and Development | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, U.S. Chocolate | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Manufacturing | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Convenience Stores and Specialty Retail | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Portfolio Innovation | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Quality and Regulatory Compliance | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Operations Strategy and Commercial Integration | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Applications Development | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Total Compensation and Benefits | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Sourcing and Material Solutions | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Strategic Customers | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Managing Director, Asia and Middle East | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Commercial Innovation and Premium | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Seasons and Packtypes | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Global Insights | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Marketing Excellence | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Continuous Improvement | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Retail | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Assistant Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Senior Executive Assistant | Current |
Array
| Organization | Position | Status |
|---|---|---|
| The Swarthmore Group | Chairman & Founder | Current |
| The Hershey Co. | Chairman | Current |
| Hershey Foods Corporation | Chairman of The Swarthmore Group, Philadelphia, Pennsylvania | Current |
| Tasty Baking Company | Board of Directors | Current |
| Berea College | Board of Directors | Current |
| University of Pennsylvania | Board of Directors | Current |
| Hershey Trust Company | Board of Directors | Current |
| Drexel University | Board of Directors | Current |
| Colleges | Treasurer | Current |
| The Swarthmore Group | Chief Executive Officer | Former |
| The Hershey Co. | Board of Directors | Former |
| University of Pennsylvania Law School | J.D. Degree | Former |
| University of Pennsylvania Law School | M.B.A. Degree | Former |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. Degree | Former |
| Bucknell University | A.B. | Former |
| University of Pennsylvania Law School | A.B. Degree In Political Science and Philosophy | Former |
| Wharton Graduate School of the University of Pennsylvania | 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 |
| Organization | Position | Status |
|---|---|---|
| NASD Investor Education Foundation | President, B. Hill Enterprises, LLC, Los Angeles, Ca | Current |
| Washington Water Service Company | Director | Current |
| Hershey Foods Corporation | Director | Current |
| NASD Investor Education Foundation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
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 |
| Aegis Group plc | Board of Directors | Current |
| Unilever United States Inc. | Chief Executive Officer | Former |
| Unilever Plc | Chief Executive Officer | Former |
| Unilever Plc | President, Home & Personal Care, North America | Former |
| Unilever United States Inc. | President | Former |
| Unilever United States Inc. | North America Committee Chairman | Former |
| The Hershey Co. | Board of Directors | Former |
| Aegis Group | member | Former |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Pfizer Inc. | Chief Financial Officer | Former |
| Pfizer Inc. | Vice President of Finance | Former |
| Pfizer Inc. | Financial Manager | Former |
| Pfizer Inc. | Assistant Group Controller, U.S. Pharmaceuticals Division | Former |
| Pfizer Inc. | Senior Financial Analyst | Former |
| Pitney Bowes Inc. | Board Director | Former |
| Pfizer Inc. | Vice Chairman | Former |
| JPMorgan Chase & Co. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
LEROY S. ZIMMERMAN, age 73, is Senior Counsel, Eckert Seamans Cherin & Mellott, LLC, Pittsburgh, Pennsylvania, a national full service law firm. He has held that position since January 2002. He is a director of Hershey Trust Company and a member of the board of managers of Milton Hershey School. A Hershey director since 2007, he is a member of the Governance Committee and the Executive Committee.
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| VF Corporation | Chief Executive Officer | Current |
| Hershey Foods Corporation | Director | Current |
| Wells Fargo & Company | Board of Directors | Current |
| Tyco International Ltd. | Director | Current |
| VF Corporation | President | Former |
| VF Corporation | Coo | Former |
| VF Corporation | Group Vice President | Former |
| VF Corporation | Chairman | Former |
| Wachovia Corporation | Board of Directors | Former |
| The Hershey Co. | Board of Directors | Former |
| VF Corporation | Board Director | Former |
| Georgia State University | M.B.A. in marketing | Former |
ROBERT F. CAVANAUGH, age 49, 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 |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sunoco, Inc. | Executive Vice President | Current |
| Pew Charitable Trusts | Chairman of The Board | Current |
| Mycigna | Chairman | Current |
| Mycigna | Board of Directors | Current |
| Vical Incorporated | Director | Current |
| Hershey Foods Corporation | Director | Current |
| CIGNA Corporation | Board of Directors | Current |
| Sunoco, Inc. | Chief Executive Officer | Former |
| Sunoco, Inc. | Chairman | Former |
| Carnegie Mellon University | master's degree in chemical engineering | Former |
| Massachusetts Institute of Technology | master's degree in management | Former |
| Princeton University | bachelor's degree in chemical engineering with honors | Former |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Hershey Foods Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Avon Products, Inc. | CIO & Senior Vice President, Business Transformation | Current |
| Ncwit | Board of Directors | Current |
| Brinker International, Inc. | Board of Directors | Current |
| Cryptek, Inc. | Board of Directors | Current |
| Ariba, Inc. | Board of Directors | Current |
| Blair Corporation | Board of Directors | Current |
| Hershey Foods Corporation | Member | Current |
| Direct Selling Association | Member | Current |
| Fordham University | Master of Business Administration | Former |
| Bucknell University | Master's | Former |
| Bucknell University | Bachelor's Degree | Former |
| Avon Products, Inc. | Member | Former |
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