The Hershey Company has announced that Michele Buck, Chairman of the Board, President, and CEO, will retire on June 30, 2026. Buck has dedicated nearly 20 years to the company, bringing expertise and vision that have contributed significantly to its growth and success.
Buck will remain in her role until a replacement is appointed, at which point she will step down from the Board of Directors and assume a senior position until her retirement is finalized.
The Board of Directors has formed a committee to manage the search for Hershey’s next CEO. This search will consider both internal candidates, who are already familiar with the company’s culture, and external candidates, who could offer fresh perspectives. The process will be supported by a trusted search firm.
“It has been the pinnacle of my career to lead Hershey,” Buck shared in a statement released by the company. She expressed pride in the company’s achievements and credited their innovation as a key factor behind its continued success. “I am a firm believer that our long-term success is rooted in Hershey culture – the spirit of innovation has kept us at the forefront of new and changing trends to best serve our customers and consumers, made us a stronger partner for our communities and contributed to significant value creation for our shareholders.”
During Buck’s directorship, The Hershey Company has grown its portfolio while maintaining a leading position in its industry. The company has reaffirmed its 2024 financial outlook and plans to share its 2025 outlook next to its earnings report in February.
This announcement marks the beginning of a transition period for Hershey, as the company prepares for its next chapter of leadership while still honoring Michele Buck’s lasting impact on the business.
