Today, The Hershey Company announced that Kirk Tanner will succeed Michele Buck as President and Chief Executive Officer, starting August 18.
Before joining Hershey’s, Tanner served as CEO of PepsiCo Beverages North America and currently serves as President and Chief Executive Officer of The Wendy’s Company.
Mary Kay Haben, Hershey’s Chair of the CEO Search Committee told investors, “With a track record of driving growth in complex global businesses, Kirk brings a focused, results-driven mindset. His deep experience in snacks, beverages, M&A and innovation—combined with public company CEO and board roles—makes him well suited to lead Hershey into the future. Kirk is a strong leader, earning followership at every level and is committed to engaging with employees, the community and stockholders to advance Hershey’s ambition to be a Leading Snacking Powerhouse and to deliver long-term, sustainable growth.”
Tanner commented, “Throughout my career, I’ve remained focused on the three pillars that drive success: understanding and delighting consumers, building strong partnerships with customers and investing in colleagues. This commitment to the three Cs will continue to guide our strategic decisions and fuel the growth of Hershey’s iconic brands––all while having fun with our employees and customers. Leading Hershey is a once-in-a-lifetime opportunity to make a difference with loved brands, and I look forward to working closely with the Board of Directors and the entire team to advance our Leading Snacking Powerhouse ambition.”
Departing CEO, Buck, stated, “I am thrilled to see Kirk step into the role and look forward to working closely to help him onboard as he makes the transition to Hershey. Leading this business and having the privilege to work with such an exceptional team to transform Hershey into a multi-category snacking leader— building one of the industry’s most robust portfolios and the capabilities to drive current and future growth— has been the greatest honor of my career.”
During the transition, Buck, who announced her intention to retire from the company earlier this year, will work closely with Tanner in a senior advisory role to ensure a smooth handover.
By CEO NA Editorial Staff
