---
schema_version: "secwatch.filing_event.v1"
accession: "0000047111-25-000026"
form_type: "8-K"
ticker: "HSY"
cik: "0000047111"
company_name: "HERSHEY CO"
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T02:19:31.303062+00:00"
event_type: "other"
sentiment: "positive"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Hershey amends bylaws to require independent board chair, adopt majority voting

## Summary
- Chairman must be independent; CEO Michele G. Buck may remain Chairman while CEO.
- Majority voting standard for uncontested elections: elected if FOR votes exceed AGAINST.
- Director resignation policy: incumbent with more AGAINST than FOR must offer resignation; Board decides within 90 days.
- Amendments effective March 4, 2025, aimed at governance best practices.

## SEC filing metadata
- accession: 0000047111-25-000026
- form_type: 8-K
- ticker: HSY
- cik: 0000047111
- company_name: HERSHEY CO
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: other
- sentiment: positive
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/47111/000004711125000026/0000047111-25-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47111/000004711125000026/hsy-20250304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047111-25-000026
- JSON: https://secwatch.observer/filing/0000047111-25-000026.json
- Plain text: https://secwatch.observer/filing/0000047111-25-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.