Consumer

Hershey Seeks New CEO With Michele Buck Departing Next Year

  • Buck will transition to advisory role after new leader found
  • Stubbornly high cocoa prices have pressured the company
Michele BuckPhotographer: Patrick T. Fallon/Bloomberg
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Hershey Co. Chief Executive Officer Michele Buck will step down from her role next year and the company has started a search for her successor.

Buck, 63, told the board that she intends to retire on June 30, 2026, Hershey announced in a statementBloomberg Terminal Friday. She will stay on as CEO and as a board member until a new leader is found. Then she’ll resign from the board and transition to an advisory role until her retirement.