Hershey Seeks New CEO With Michele Buck Departing Next Year (2)

Hershey Co. Chief Executive Officer Michele Buck will step down from her role next year and the company has started a search for her successor.

Buck, 63, told the board that she intends to retire on June 30, 2026, Hershey announced in a statement Friday. She will stay on as CEO and as a board member until a new leader is found. Then she’ll resign from the board and transition to an advisory role until her retirement.

Michele Buck

Photographer: Patrick T. Fallon/Bloomberg

Hershey shares fell 2.5% in New York trading Friday. The stock has declined 6.6% this month after posting a 9.2% drop in ...