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Hershey director Juan R. Perez to retire from board in October

Published 27/08/2025, 21:14
Hershey director Juan R. Perez to retire from board in October
HSY
2.09%

The Hershey Company (NYSE:HSY), a $36.9 billion confectionery giant currently trading at $181.68, announced that Juan R. Perez has notified the board of directors of his decision to retire from the board and its Executive, Governance, and Finance and Risk Management Committees, effective October 3, 2025. According to InvestingPro data, the company maintains strong financial health with a GOOD overall rating. The announcement was made in a press release statement included in a filing with the Securities and Exchange Commission.

According to the filing, Mr. Perez informed the board of his retirement decision on August 21, 2025. The company stated that Mr. Perez indicated his decision was not due to any disagreement with Hershey regarding its operations, policies, or practices. The company has demonstrated consistent financial stability, maintaining dividend payments for 55 consecutive years and currently offering a 3% dividend yield.

No information regarding a successor or changes to the composition of the board’s committees was provided in the filing.

Hershey is incorporated in Delaware and its common stock is listed on the New York Stock Exchange under the ticker symbol HSY.

This information is based on a press release statement contained in the company’s recent SEC filing.

In other recent news, Hershey Co reported its second-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $1.21, exceeding the forecasted $0.99, resulting in a notable 22.22% surprise. Additionally, Hershey’s revenue reached $2.61 billion, outperforming the anticipated $2.52 billion. These results highlight strong performance for the quarter. Despite the positive earnings and revenue figures, Hershey’s stock experienced a slight pre-market decline. However, analysts have not indicated any changes in stock ratings for Hershey following the earnings release. Investors will likely keep an eye on further developments in the company’s performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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