Recent Updates — HSY
The Hershey Company appointed Dave Hulays as Senior Vice President and Chief Financial Officer, effective September 2, 2026. Hulays succeeds Steven E. Voskuil, who stepped down from the CFO role but will remain with the company as Senior Vice President of Strategic Projects to support key initiatives and ensure a smooth transition until his retirement in the first quarter of 2027. Hulays brings nearly 30 years of financial leadership experience at Hershey and Procter & Gamble, having served as SVP of Finance since May 2025. His compensation package includes an annual base salary of $725,000, a target incentive award equal to 100% of his base salary, and long-term incentive participation targeting $2 million. The confectionery and snacks industry company produces and distributes branded chocolate, salty, and functional snack products globally.
The Hershey Company reported second-quarter 2026 results with consolidated net sales of $2,787.3 million, a 6.6% increase, and reported diluted earnings per share of $2.26, up 629.0%. Adjusted diluted EPS was $1.90, reflecting a 57.0% increase. The company narrowed its full-year 2026 outlook, raising net sales growth guidance to 4.5%-5% and adjusted EPS growth to 32.5%-35%, while maintaining organic sales growth at 3%-3.5%. North America Confectionery sales rose 4.2% driven by pricing, while Salty Snacks surged 22.9% due to the LesserEvil acquisition. The confectionery manufacturer operates in the food and beverage industry.
On June 3, 2026, The Hershey Company appointed Joe Park to its Board of Directors, effective June 29, 2026. Mr. Park, who currently serves as EVP and Chief Digital and Information Officer at State Farm, will join the Audit and Finance and Risk Management Committees. The company operates in the confectionery industry and manufactures and markets chocolate, candies, and snacks.
The Hershey Company announced that Jason Reiman will step down as Senior Vice President and Chief Supply Chain Officer on June 22, 2026, to transition into a modernization role before his planned retirement in the second quarter of 2027. Mitchell Arends has been appointed as the company's new Senior Vice President and Chief Supply Chain Officer, effective June 22, 2026.
The Hershey Company announced its sales and earnings results for the first quarter ended March 29, 2026. Detailed financial information regarding these results is provided in the company's accompanying press release.