Hershey appoints Kirk Tanner as CEO, effective Aug. 18, 2025

HERSHEY CO

Kirk Tanner, formerly CEO of Wendy's and PepsiCo Beverages NA, named President and CEO of Hershey effective Aug. 18, 2025.
Tanner receives $1.25M base salary, 180% target bonus, and ~$14.4M in initial equity awards (RSUs and PSUs).
Outgoing CEO Michele Buck retires as planned, will serve as special advisor until June 2026 and independent contractor through Dec. 2026.
Buck announced retirement in Jan. 2025; no dispute or disagreement with the company.

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