HERSHEY, Pa., Jan. 24 /PRNewswire-FirstCall/ -- Richard H. Lenny,
Chairman, President and Chief Executive Officer, The Hershey Company
(NYSE: HSY), today announced that David J. West has been named Executive Vice
President, Chief Operating Officer, effective immediately. West, age 43, will
continue to report to Lenny and will be responsible for the company's day-to-
day operations, including Hershey's North American Commercial Group,
International Commercial Group, and global supply chain activities. A search
is underway for a successor to West as the Company's Senior Vice President,
Chief Financial Officer. West will continue to hold the position of Chief
Financial Officer until his successor is named.
In making the announcement, Lenny said, "Dave's broad experience
throughout the Hershey organization makes him well-suited to be our chief
operating officer. Dave has provided exceptional leadership in the areas of
finance and sales while at Hershey, earning the respect of the financial
community and our customers. He also was instrumental in the development of
our value-enhancing strategy, as we delivered strong performance and tapped
the vast potential of Hershey's iconic brands. Dave's in-depth knowledge and
collaborative leadership style will be invaluable as we build Hershey's
momentum and aggressively pursue the company's growth opportunities."
With West's appointment as chief operating officer, Lenny, in his role as
chairman, president and chief executive officer, will continue to focus on the
strategic direction of the business that will build shareholder value over the
long term. This includes global innovation and leadership development.
"The needs of our business have changed as the consumer, customer and
competitive landscape continues to evolve," commented Lenny. "Today's
announcement will ensure that we have the breadth of executive leadership in
place both to pursue Hershey's strategic growth opportunities and to deliver
on marketplace and financial expectations."
West first joined The Hershey Company in May 2001 as Vice President,
Business Planning and Development. He was named Senior Vice President,
Business Planning and Development, in 2002 and, later, promoted to Senior Vice
President, Chief Customer Officer. He was named Senior Vice President, Chief
Financial Officer, in 2005.
Prior to joining Hershey, West was Senior Vice President, Chief Financial
Officer, Nabisco Biscuit and Snacks Group, with responsibility for leading the
financial function of Kraft Foods' biscuits, confections and snacks
businesses. He joined Nabisco as Senior Cost Analyst, Planters/Life Savers
Company in 1987. During his 14-year career with Nabisco, he served as Vice
President, Corporate Strategy and Business Planning, and Director, Investment
Analysis, among others. He previously held positions in finance and cost
accounting with Wearever Proctor-Silex and Unisys.
A native of the Lehigh Valley, Pa., West received a bachelor's degree, cum
laude, in business administration from Bucknell University, Lewisburg, Pa.
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 more than 13,000 employees worldwide, The Hershey Company
markets such iconic brands as Hershey's, Reese's, Hershey's Kisses, and Ice
Breakers. Hershey is the leader in the fast-growing dark and premium chocolate
segment, with such brands as 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. In addition,
Hershey leverages its iconic brands, marketplace scale and confectionery and
nut expertise to develop and deliver substantial snacks, including
Hershey's and Reese's single-serve cookies and brownies, and value-added snack
nuts, including Hershey's Milk Chocolate Covered Almonds and Hershey's Special
Dark Chocolate Covered Almonds. Hershey also offers a range of products to
address the health and well-being needs of today's consumer. Hershey's and
Reese's Snacksters offer consumers great-tasting snacks in portion-controlled
servings, while Hershey's dark chocolate offerings provide the benefits of
flavanol antioxidants. 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 http://www.hersheynewsroom.com.
SOURCE The Hershey Company
CONTACT: MEDIA CONTACT: Kirk Saville, The Hershey Company,
+1-717-534-7641
/Web site: http://www.hersheynewsroom.com /
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