The Hershey Company's President & CEO Michele Buck announces retirement

Before joining Hershey in 2005, Michele Buck served 17 years at Kraft/Nabisco in numerous senior positions and at the Frito-Lay division of PepsiCo.

By  Storyboard18Jan 16, 2025 3:03 PM
The Hershey Company's President & CEO Michele Buck announces retirement
In a note, Michele Buck shared, "As I approach my ninth year as CEO of The Hershey Company, I have shared with the Board my view that now is the right time to begin the transition to the company’s next leader and that I therefore plan to retire in the summer of 2026. This extended timeline will ensure a seamless leadership succession while allowing the company to maintain full momentum on our strategic priorities as we plan for our next chapter."

Michele Buck, who serves as the president and CEO at The Hershey Company, recently announced her retirement.

In a note, she shared, "As I approach my ninth year as CEO of The Hershey Company, I have shared with the Board my view that now is the right time to begin the transition to the company’s next leader and that I therefore plan to retire in the summer of 2026. This extended timeline will ensure a seamless leadership succession while allowing the company to maintain full momentum on our strategic priorities as we plan for our next chapter."

She went on to add, "Reflecting on my 20-year career with this iconic company, I’m fiercely proud of what we have accomplished. We’re building one of the world’s most powerful snacking portfolios, delivering meaningful growth, and fostering a culture rooted in purpose, passion, and genuine care for our colleagues, our customers, and, most of all, our consumers."

Buck also stated, "And while the succession process is underway, I remain fully dedicated to delivering our ambitious 2025 plan, advancing our transformation strategy, and accelerating the portfolio needed to win with consumers. I am truly excited to continue to lead us forward as we realize our vision of becoming a Leading Snacking Powerhouse and strengthen Hershey’s foundation for generations to come."

Buck brings more than 25 years of consumer packaged goods experience. She has held several senior leadership roles within the company. She served as Chief Operating Officer, leading Hershey’s day-to-day North American operations and overseeing Hershey’s operations in Central and South America. And prior, she was president, U.S. and chief growth officer.

Before joining Hershey in 2005, Buck served 17 years at Kraft/Nabisco in numerous senior positions and at the Frito-Lay division of PepsiCo.

First Published on Jan 16, 2025 3:03 PM

More from Storyboard18

Brand Makers

Blue Star re-designates VS Ashok as EVP, Customer Experience and ESG

Blue Star re-designates VS Ashok as EVP, Customer Experience and ESG

Brand Makers

Standard Chartered appoints former JP Morgan Chief P.D. Singh as CEO for India

Standard Chartered appoints former JP Morgan Chief P.D. Singh as CEO for India

Brand Makers

JSW MG Motor India appoints Anurag Mehrotra as Managing Director

JSW MG Motor India appoints Anurag Mehrotra as Managing Director

Brand Makers

'Summon Sundar Pichai also': Indian influencer questions YouTube’s accountability in Ranveer Allahbadia controversy

'Summon Sundar Pichai also': Indian influencer questions YouTube’s accountability in Ranveer Allahbadia controversy

Brand Makers

EXCLUSIVE: Advertising industry bodies AAAI, ISA to set guidelines to tackle 'reverse auction', unethical practices

EXCLUSIVE: Advertising industry bodies AAAI, ISA to set guidelines to tackle 'reverse auction', unethical practices

Brand Makers

CXO Moves: Exec movements across Raymond Lifestyle, Navi Group, Nokia, Gucci, and more

CXO Moves: Exec movements across Raymond Lifestyle, Navi Group, Nokia, Gucci, and more

Brand Makers

Dentsu global CEO: We will reevaluate our underperforming businesses, rebuild our business structure

Dentsu global CEO: We will reevaluate our underperforming businesses, rebuild our business structure

Brand Makers

Navi Group undergoes leadership rejig; CEO Sachin Bansal resigns

Navi Group undergoes leadership rejig; CEO Sachin Bansal resigns