HERSHEY, Pa., Sept. 2 /PRNewswire-FirstCall/ -- The Hershey Company
(NYSE: HSY) today announced the election to its Board of Directors of David L.
Shedlarz, former Vice Chairman of Pfizer Inc., effective August 29, 2008.
"We are pleased to have a leader of David's caliber join the Board," said
Kenneth L. Wolfe, Chairman of the Board of Directors, The Hershey Company.
"His experience in strategic planning, innovation, manufacturing and global
growth will be of immense value to The Hershey Company as we continue to build
on our momentum in the marketplace."
Shedlarz retired in 2007 as Vice Chairman of Pfizer Inc., the world's
largest research-based biomedical and pharmaceutical company. He served as a
member of the Pfizer Executive Leadership Team and was focused on helping set
the strategic course of the company and investing in new medical therapies and
approaches to health care. Shedlarz had responsibility for Pfizer's business
development and licensing, strategic planning, procurement, information
technology, business innovation, facilities, Pfizer Global Manufacturing and
Pfizer Animal Health.
Shedlarz joined Pfizer in 1976 as a senior financial analyst in the
Pharmaceutical Division. He served as a financial manager and controller of
Marketing, Sales and Production in the Diagnostics Division and was promoted
to Vice President of Finance for the U.S. Pharmaceuticals Group. Shedlarz was
elected Pfizer Inc. Vice President of Finance in 1992, Chief Financial Officer
in 1995, and Executive Vice President in 1999. He was named Vice Chairman in
2005.
Shedlarz is a member of the TIAA Board of Trustees, and the board of
directors of Pitney Bowes, Inc. He also is a Trustee of the International
Accounting Standards Committee Foundation.
Shedlarz earned his M.B.A. in finance/accounting from Stern School of
Business, New York University, in 1975, and a bachelor's degree in
economics/mathematics from Oakland/Michigan State University in 1970.
About The Hershey Company
The Hershey Company (NYSE: HSY) is the largest North American manufacturer
of quality chocolate and sugar confectionery products. With revenues of nearly
$5 billion and almost 13,000 employees worldwide, The Hershey Company markets
such iconic brands as Hershey's, Reese's, Hershey's Kisses, Kit Kat, Twizzlers
and Ice Breakers. Hershey is the leader in the fast-growing dark and premium
chocolate segment, with such brands as Hershey's Bliss, Hershey's Special
Dark, Hershey's Extra Dark and Cacao Reserve by Hershey's. Hershey's Ice
Breakers franchise delivers refreshment across a variety of mint and gum
flavors and formats. Hershey's partnership with Starbucks offers a premium
chocolate experience that combines the highest-quality chocolate with
Starbucks coffee-house flavors, for a range of delicious and distinct
chocolate products. In addition, Artisan Confections Company, a wholly owned
subsidiary of The Hershey Company, markets such premium chocolate offerings as
Scharffen Berger, known for its high-cacao dark chocolate products, Joseph
Schmidt, recognized for its fine, handcrafted chocolate gifts, and Dagoba,
known for its high-quality natural and organic chocolate bars. Visit us at
www.hersheynewsroom.com.
SOURCE The Hershey Company
/CONTACT: MEDIA, Kirk Saville, +1-717-534-7641, or FINANCIAL, Mark
Pogharian, +1-717-534-7556, both of The Hershey Company/
/Web site: http://www.hersheynewsroom.com
http://www.hersheys.com/
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