WASHINGTON (dpa-AFX) - The Hershey Company (HSY) announced that John Bilbrey, Chairman, President and CEO, intends to retire from the company July 1, 2017. Bilbrey will continue as non-executive chairman of Hershey's Board.
The board has appointed a special committee to direct the search for a new CEO. The committee will review internal and external candidates with assistance from Egon Zehnder, a leading executive search firm.
The company also reaffirmed its full-year 2016 outlook outlined in the second-quarter earnings announcement.
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