HERSHEY TAPS NEW LEADER

Hershey has named former PepsiCo executive Kirk Tanner as its new president and CEO to succeed Michele Buck, who had announced her intention to retire in June next year. Tanner, who is president and CEO of the fast-food chain Wendy's, will take on his new appointments at the US-headquartered confectionery and salty snacks maker on 18 August. Buck, meanwhile, will "work closely with Tanner in a senior advisory capacity to ensure his successful transition", according to a statement from the publicly listed business, which owns brand such as Reese's and SkinnyPop popcorn. The outgoing CEO, who has been at the company for around two decades and has helmed Hershey for the past eight years, revealed in January that she planned to step down on 30 June 2026 . Before joining Wendy's in February 2024, Tanner spent over 30 years at PepsiCo, holding various senior leadership roles. Mary Kay Haben, lead independent director and chair of the CEO search committee, ...