Hershey

Key Points: Hershey CEO Michele Buck is set to retire on June 30, 2026, after 20 years with the company and taking over as CEO in 2017. The succession planning process has begun to find her replacement. During her time…

Hershey Expands Sweets Portfolio with Acquisition of Sour Strips Hershey recently acquired Sour Strips, a popular sour candy brand founded by Maxx Chewning in 2019. This strategic move aims to broaden Hershey’s sweets portfolio and tap into the growing demand…

Dive Brief: Hershey has announced a new agreement as part of its ongoing efforts to support cocoa growers, improve children’s well-being, and protect the environment in cocoa-producing regions. The company’s “Cocoa For Good” program focuses on addressing poverty, malnutrition, at-risk…

Hershey is reorganizing its workforce to align with its long-term growth plans. The company is laying off about 200 employees, or 1% of its 20,000-person workforce, while also creating new roles in areas such as technology and data science to…

Dive Brief: Nutrabolt’s C4 brand is teaming up with Hershey to launch a range of energy drinks and protein powders featuring some of Hershey’s popular brands. Nutrabolt has obtained licensing rights from Hershey for these brands. The collaboration will kick…

Hershey Partners with Shaquille O’Neal to Launch Shaq-A-Licious XL Gummies Hershey is teaming up with basketball legend Shaquille O’Neal to introduce Shaq-A-Licious XL Gummies, a new line of gummy candies. Available in Original and Sour varieties, the Original gummies come…

Key Highlights: Michael Del Pozzo has been appointed as the new president of U.S. Confection at Hershey, overseeing popular brands like Kisses, Reese’s, and Jolly Rancher. Del Pozzo brings extensive experience from his 23-year tenure at PepsiCo, where he successfully…