Hershey set to announce CEO Michele Buck's departure, Semafor reports

Investing.com -- Hershey's CEO Michele Buck is expected to step down soon, Semafor reported on Friday, citing sources.

Buck, who has been at the helm of the company since 2017, will stay in her position and remain on the board while the company seeks her successor, the report said.

The goal is to complete the transition by July 2026, Semafor added.

Buck revealed her intention to retire to the board late last year, and was requested to remain on board during an extended transition period, the report said, citing one of the sources.

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Source: Investing.com