The Hershey Co.’s board of directors has elected Michele Buck as chairman. Buck will also continue in her current role as president and CEO of the snacking company, a role she has held since March 2017. Buck succeeds Chuck Davis, who will reassume the role of lead independent director, a role he held from May 2017 until his appointment as chairman in May 2018.
The Hershey, Pennsylvania-based company said a combination of the offices of CEO and chairman of the board underscores the board’s confidence in Hershey, the existing management team and Buck. Under Buck’s leadership, according to the company, Hershey has delivered strong financial results while successfully executing the strategic vision of the company through portfolio expansion and profitable international growth, and also positioning the company for future growth and value creation for all Hershey stakeholders.
“For the past couple of years, I’ve had the honor to work closely with Chuck Davis in his role as chairman and it has been an incredible opportunity to learn from one of the best,” said Buck. “I am privileged to succeed him as he reassumes the role of lead independent director. On behalf of everyone here at Hershey, I’d like to thank Chuck for his continued leadership and sage counsel as we position Hershey for another 125 years of success.”