Exclusive - Hershey CEO Bilbrey prepares to step down: sources

Exclusive - Hershey CEO Bilbrey prepares to step down: sources
 

The chief executive of Hershey Co (HSY.N), the chocolate company that Oreo cookie-maker Mondelez International Inc MDLZ.N tried to acquire earlier this year, is preparing to step down by next summer, people familiar with the matter told Reuters on Thursday.
Hershey's board of directors is already preparing for the resignation of CEO John Bilbrey, and has formed a committee to find a successor, the people said.
Bilbrey is stepping down to spend more time with his family, one of the people said. He plans to remain non-executive chairman on Hershey's board, that person added.
The sources asked... read more

 
14 October 2016 in Business, Views: 56
Source: Reuters
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