hershey co/the (HSY) Key Developments
The Hershey Company Appoints Patricia A. Little as Senior Vice President and Chief Financial Officer, Effective March 16, 2015
Feb 26 15
The Hershey Company announced the appointment of Patricia A. Little as its new Senior Vice President and Chief Financial Officer, effective March 16, 2015. In her role at the company, Little will oversee the company's global finance organization and be a part of the company's global leadership team reporting to President and Chief Executive Officer, John P. Bilbrey. She will have responsibility for the financial management, planning and operations for the company's $7.4 billion enterprise. Little brings 30 years of broad financial experience and leadership to her role at Hershey, including tenures at Kelly Services and Ford Motor Company. Currently, Little is Executive Vice President and Chief Financial Officer for Kelly Services Inc., a leader in providing workforce solutions. She serves as a board member and chair of the audit committee of McCormick & Company, Incorporated. Prior to joining Kelly in 2008, she spent 24 years with Ford Motor Company holding leadership roles in both corporate and operational finance.
The Hershey Company Reaffirms Earnings Guidance for the Full Year of 2015
Feb 18 15
The Hershey Company reaffirmed earnings guidance for the full year of 2015. Specifically, the company estimates net sales will increase 5.5% to 7.5%, including a net benefit from acquisitions and divestitures of about 2.5 points and unfavorable foreign currency exchange of approximately 1 point. The company expects that 2015 gross margin expansion of 135 to 145 basis points will contribute to an increase in adjusted earnings per share-diluted of 8% to 10%, including dilution from acquisitions and divestitures of $0.03 per share to $0.05 per share.
Hershey Company Appoints Houssam Chehabeddine as General Manager for EMEA
Feb 12 15
The Hershey Company announced the appointment of Houssam Chehabeddine as the General Manager for the Europe, Middle East, Africa (EMEA) Division. In this new role, Houssam will report to Steven C. Schiller, Regional President, Hershey AEMEA. Houssam's will be based in Dubai and his appointment is effective February 1, 2015. In his new position at Hershey EMEA, Houssam will be responsible for the strategic direction and execution of all aspects of the EMEA business. This includes full P&L, revenue and market share targets, acquisition and growth strategy and assuming the whole range of leadership accountabilities in managing the diverse team. Chehabeddine joins Hershey from Mars Inc. where he was most recently Regional Director for the Extended Levant markets.
The Hershey Company Presents at Consumer Analyst Group of New York Conference, Feb-18-2015 03:00 PM
Feb 1 15
The Hershey Company Presents at Consumer Analyst Group of New York Conference, Feb-18-2015 03:00 PM. Venue: Boca Raton Resort & Club, New York, New York, United States. Speakers: Humberto P. Alfonso, President of International, John P. Bilbrey, Chief Executive Officer, President and Director, Michele G. Buck, President of North America.
The Hershey Company Announces Quarterly Dividend, Payable on March 16, 2015
Jan 29 15
The Board of Directors of The Hershey Company announced quarterly dividends of $0.535 on the Common Stock and $0.486 on the Class B Common Stock. The dividends are payable March 16, 2015, to stockholders of record February 25, 2015.