HERSHEY CO — fact timeline

Jason Reiman changed role as Senior Vice President, Supply Chain Modernization at HERSHEY CO.

“Mr. Reiman will step down from his current role on June 22, 2026, and will remain with the Company as Senior Vice President, Supply Chain Modernization to assist with the transition of his responsibilities until his retirement.”

HERSHEY CO reported first quarter ended March 29, 2026 results: revenue $3,104.2 million, net income $435.1 million, EPS $2.13 per share-diluted. Guidance reaffirmed.

“business to new heights,” said Kirk Tanner, The Hershey Company President and Chief Executive Officer. First-Quarter 2026 Financial Results Summary 1 • Consolidated net sales of $3,104.2 million, an increase of 10.6%. • Organic, constant currency net sales increased 7.9%. • Reported net income of $435.1 million , or $2.13 per share-diluted, an increase of 93.6%. •”

HERSHEY CO updated its fiscal year 2026 guidance (reaffirmed).

“The Hershey Company is reaffirming its net sales, organic sales and earnings per share guidance for fiscal year 2026.”

HERSHEY CO: Amended Bylaws to remove language allowing Michele Buck to hold Chairman of the Board position, remove references to Lead Independent Director, and add provisions regarding Governance Committee Chair presiding in absence of Chairman and Vice Chairman, and Vice Chairman authority to call Board meetin (effective 2025-12-05).

“On December 5, 2025, the Board of Directors (the “Board”) of The Hershey Company (the “Company”) amended the Company’s By-laws, as amended and restated as of March 4, 2025 (the “Bylaws”), to reflect the amendments discussed herein (the “Amendments”).”

HERSHEY CO incurred revolving credit of up to $1.875 billion with Bank of America, N.A., as administrative agent, JPMorgan Chase Bank, N.A. and Citibank, N.A., as co-syndication agents, Royal Bank of Canada and U.S. Bank National Association, as co-documentation agents.

“On October 21, 2025, The Hershey Company (the “Company”) entered into a new Five Year Credit Agreement (the “Credit Agreement”), dated as of October 21, 2025, with the banks, financial institutions and other institutional lenders listed on the signature pages thereof and the other lenders from time to time party thereto (the “Lenders”), Bank of America, N.A., as administrative agent, JPMorgan Chase Bank, N.A. and Citibank, N.A., as co-syndication agents, Royal Bank of Canada and U.S. Bank National Association, as co-documentation agents, and BofA Securities, Inc., JPMorgan Chase Bank, N.A., Citibank, N.A., RBC Capital Markets and U.S. Bank National Association, as joint lead arrangers and joint book managers. The Credit Agreement establishes an unsecured revolving credit facility under which the Company may borrow up to $1.875 billion with the option to increase the aggregate amount of the commitments by up to $1.0 billion with the consent of the Lenders.”

Victor L. Crawford departed as Lead Independent Director at HERSHEY CO.

“On March 7, 2025, Victor L. Crawford, Lead Independent Director of The Hershey Company (the “Company”), notified the Company of his intention not to stand for re-election as a director at the Company’s 2025 Annual Meeting of Stockholders, currently expected to be held on May 6, 2025.”

Michele G. Buck departed as President and Chief Executive Officer at HERSHEY CO.

“Michele G. Buck, the Company’s Chairman of the Board of Directors, President and Chief Executive Officer, intends to retire from the Company effective June 30, 2026.”

Kristen J. Riggs departed as President, Salty Snacks at HERSHEY CO.

“On January 10, 2025, Kristen J. Riggs, President, Salty Snacks of The Hershey Company (the “Company”), informed the Company of her intention to depart the Company to pursue other opportunities.”

Charles R. Raup departed as President, U.S. Confection at HERSHEY CO.

“Charles R. Raup, President, U.S. Confection of The Hershey Company (the “Company”), informed the Company of his intention to retire effective December 31, 2024.”