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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 OfficerDavid J. West
Number of Employees 2,999
Contact Information

100 Crystal

Hershey, Pennsylvania 17033

thehersheycompa...

1 717 534 8170

NAICS Code Confectionery Manufacturing from Purchased Chocolate: 311330

Recent Events

  • Highlights From Hershey's HSY Q1 Conference Call: Reaffirms FY09 Net Sales Growth; EPS Increase in...

    4/23/09 - Financial Announcement - View Story

  • Morning Movers 3/25: CBG, BIOD, ACAS, BBI, AMD Higher; DRYS, SOLF, STZ, CYPB, DSW Lower

    3/25/09 - Bond / Stock Rating - View Story

News & Analysis

hershey foods corp. - All News and Analysis

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
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
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
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
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
Mycigna Chairman Current
CIGNA Corporation Board of Directors Current
Vical Incorporated Director Current
Mycigna Board of Directors Current
Hershey Foods Corporation Director Current
Sunoco, Inc. Chief Executive Officer Former
Sunoco, Inc. Chairman Former
Massachusetts Institute of Technology master's degree in management Former
Carnegie Mellon University master's degree in chemical engineering 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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