Kirk Tanner is set to become the
President and Chief Executive Officer of The Hershey Company (HSY), starting from August 18, 2025. The announcement caused the company's stock to slip. Numerous financial institutions and asset management companies are adjusting their stakes in the company, including but not limited to M&T Bank Corp, Axxcess Wealth Management LLC, Envestnet Asset Management, Teacher Retirement System of Texas, Principal Financial Group Inc., and Stratos Wealth Management LLC. Hershey also confirmed its commitment to remove artificial colors from snacks by 2027. Significant leadership changes have been announced, such as the appointment of
Tiffany Menyhart as Chief Customer Officer,
Stacy Taffet as Chief Growth Officer, and new Presidents for their confection and salty divisions. Additionally, Hershey's new product launches, such as HERSHEY'S KISSES & Pokémon Foils, and acquisitions like Sour Strips have expanded their sweets portfolio. The company's stock analysis appears split, with some considering the stock as among the best for dividend growth and others highlighting the increasing cocoa prices as potential cause for concern. Hershey's Q2 earnings release is set for July 30.
The Hershey Company HSY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 23:53:24 GMT -
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- Innovation 3
- Information 5
- Rumor 2
