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Kirk Tanner Takes Over as Hershey CEO as Maria Kraus Becomes Chairman
CONFIRMED88% CONFIDENCE1.1 years agoStated as firm: Hershey's Form 8-K (Item 8.01) says that following Michele Buck's retirement as Chairman the Board "has appointed Huong Maria T. Kraus to serve as Chairman of the Board, effective August 18, 2025"; the July 8-K appointed Tanner CEO "effective as of August 18, 2025".[1]Former Wendy's and PepsiCo executive Kirk Tanner became Hershey's President and CEO and joined its board, while Michele Buck stepped down. Maria Kraus, who also chairs the Hershey Trust, replaced Buck as chairman.0.75Hershey Names Wendy's CEO Kirk Tanner to Succeed Michele Buck
CONFIRMED90% CONFIDENCE1.2 years agoStated as firm: Hershey's release, HERSHEY, Pa., July 8, 2025 /PRNewswire/, stamped "Tue, 08 Jul 2025 08:45:00 -0400" (12:45 UTC), says Hershey "today announced that its Board of Directors has appointed Kirk Tanner to succeed Michele Buck".[1]Hershey hired Kirk Tanner, Wendy's CEO and a PepsiCo veteran of more than 30 years, who ran its $28 billion North American beverage business, as its next CEO from August 18, 2025. Wendy's named its CFO interim CEO the same morning.0.73Hershey CEO Michele Buck Announces Retirement, Starting a CEO Search
CONFIRMED90% CONFIDENCE1.7 years agoStated as firm: Hershey's release "Hershey Announces CEO Succession Plan", datelined HERSHEY, Pa., Jan. 10, 2025 and stamped "Fri, 10 Jan 2025 16:05:00 -0500" (21:05 UTC), says the company "today announced" Buck "has informed the Board of her intention to retire".[1]Michele Buck, Hershey's chairman and CEO, a 20-year Hershey veteran who took the top job in 2017, told the board she would retire by June 30, 2026. A board committee began an external and internal search for her successor.0.71Hershey Vows to Put Real Chocolate Back in Reese's After Backlash
CONFIRMED84% CONFIDENCE178 days agoStated as firm, per Deseret[1] News (2 Apr 2026): "Hershey announced Tuesday it will return to using 'classic milk and dark chocolate recipes' in all Reese's and Hershey's products by 2027. CEO Kirk Tanner told [Bloomberg] on Tuesday" - Tuesday was 31 March 2026; NBC News[4] (1 Apr) has Brad Reese reacting "on Wednesday".After Brad Reese, grandson of the cup's inventor, accused Hershey of swapping milk chocolate for cheaper compound coatings, CEO Kirk Tanner said the company will return to classic milk and dark chocolate recipes by 2027.0.69Hershey Completes Its $769 Million Purchase of LesserEvil
DELAYED5 months late71% CONFIDENCE311 days agoStated as firm in Hershey's Q2 2026 Form 10-Q: "On November 18, 2025, we completed the acquisition of LesserEvil, LLC"; the release datelined "HERSHEY, Pa., Nov. 19, 2025" (PR Newswire, 08:35 ET) says Hershey "has closed its acquisition of LesserEvil".[1]Hershey closed its acquisition of organic popcorn and puffs maker LesserEvil, paying $769 million in cash up front with up to $200 million more if earnings targets are met. The brand joins SkinnyPop and Dot's Pretzels and lifted Hershey's salty snacks sales by about 22% in the second quarter of 2026.$769.1M0.67Hershey Unveils Its Next Generation Snacking Strategy at 2026 Investor Day
CONFIRMED87% CONFIDENCE178 days agoStated as firm: Hershey's release of March 31, 2026 says it "is hosting its 2026 Investor Day today at the New York Stock Exchange" and "The meeting begins at 12:00 p.m. ET" (16:00 UTC).[1]At an investor day at the New York Stock Exchange led by CEO Kirk Tanner, Hershey set out its ONE Hershey plan across sweet, salty and protein snacks. It targeted 2-4% organic sales growth, 15-20% adjusted EPS growth in 2027 and 6-8% from 2028.0.66Hershey Raises Its Dividend to $1.452 After a Five-Quarter Freeze
19 East Hershey Building, 19, East Chocolate Avenue, Spring Creek Manor, Hershey, Derry Township, Dauphin County, Pennsylvania, 17036, United StatesHershey
CONFIRMED83% CONFIDENCE232 days agoStated as firm: the release is datelined "HERSHEY, Pa., Feb. 5, 2026 /PRNewswire/" and stamped 07:00 ET (12:00 UTC); "The dividends were declared February 4, 2026".[1]Hershey lifted its quarterly dividend to $1.452 a share from $1.370, its first increase after holding the payout flat through the cocoa and tariff squeeze of 2025, alongside a forecast of a 30-35% earnings rebound in 2026.0.64Hershey's AAA Automation and Job-Cut Programme Wraps Up
ESTIMATED59% CONFIDENCEin 97 daysEstimated from the year: Hershey's Q2 2026 10-Q says the AAA Initiative's costs run "from inception through 2026" and "At the conclusion of the program in 2026, ongoing annual savings are expected to be approximately $400,000" (thousands); a bare year is taken as its last day.[1]Hershey's Advancing Agility & Automation Initiative, which cut jobs and automated processes from 2024, is due to finish at the end of 2026 at a cost of $200-250 million. It is expected to leave about $400 million of annual savings.$225M0.64Hershey Agrees to Buy Organic Snack Maker LesserEvil
19 East Hershey Building, 19, East Chocolate Avenue, Spring Creek Manor, Hershey, Derry Township, Dauphin County, Pennsylvania, 17036, United States
CONFIRMED89% CONFIDENCE1.5 years agoStated as firm in Hershey's Q1 2025 Form 10-Q: "On March 31, 2025, we entered into a Merger Agreement to acquire LesserEvil, LLC"; the release, datelined "HERSHEY, Pa., April 3, 2025" (PR Newswire, 11:44 ET), announced that Hershey "has entered into a definitive agreement to acquire LesserEvil".[1]Hershey signed a merger agreement for LesserEvil, the maker of organic popcorn, puffs and curls cooked in coconut and avocado oil, to add a better-for-you brand beside SkinnyPop, Dot's Pretzels and Pirate's Booty. Hershey paid $769 million in cash at closing; The Wall Street Journal had put the deal at about $750 million.$769.1M0.64Hershey FY 2025: Profit Down 60%, Sees 2026 Adjusted EPS Up 30-35%
CONFIRMED87% CONFIDENCE232 days agoStated as firm: the release is datelined "HERSHEY, Pa., Feb. 5, 2026 /PRNewswire/" and stamped 06:45 ET (11:45 UTC) on Hershey's newsroom feed; the 8-K was accepted at 11:46 UTC.[1]Hershey ended a cocoa- and tariff-hit 2025 with full-year net income down 60% to $883 million on sales up 4.4% to $11.7 billion, then guided 2026 to 4-5% sales growth and a 30-35% rebound in adjusted earnings per share.0.64Hershey Q3 2025: Sales Up 6.5% on Price, Raises Outlook as Tariffs Bite
CONFIRMED88% CONFIDENCE330 days agoStated as firm: the release is datelined "HERSHEY, Pa., Oct. 30, 2025 /PRNewswire/" and stamped 06:45 ET (10:45 UTC) on Hershey's newsroom feed; the 8-K was accepted at 10:49 UTC.[1]Under new CEO Kirk Tanner, Hershey's third-quarter net sales rose 6.5% to $3.18 billion on about 6 points of price, while adjusted EPS fell 44% to $1.30 on cocoa and tariff costs; it raised its 2025 sales outlook to about 3%.0.63Dan Schulman Replaces Hans Vestberg as Verizon CEO
CONFIRMED90% CONFIDENCE354 days agoThe release, published Oct 06, 2025 at 12:29 UTC, says Verizon[1] "today announced" Schulman's appointment "effective immediately"; the 8-K dates the board's action to October 4, 2025.Verizon's board named former PayPal chief Dan Schulman, its lead independent director, as CEO in place of Hans Vestberg, and made Mark Bertolini chairman.0.63