WASHINGTON (dpa-AFX) - Hershey Co. (HSY) Wednesday said it appointed John Bilbrey as President and Chief Executive Officer and a Director of the company, effective immediately.
Bilbrey joined Hershey in 2003 as Senior Vice President, President Hershey International. Before joining Hershey, Bilbrey held executive positions at Mission Foods and Danone Waters of North America, Inc., a division of Groupe Danone, Paris, France.
Further, for the fiscal year 2011, the company expects earnings per share in the range of $2.54 to $2.63. Adjusted earnings per share for the period is still estimated in the range of $2.70 to $2.76.
Fifteen Street analysts expect earnings of $2.81 per share for the period.
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