STOCK TITAN

Hershey Appoints Robert M. Dutkowsky to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

The Hershey Company (NYSE: HSY) appointed Robert M. Dutkowsky to its Board of Directors, effective Aug. 29, 2020. Dutkowsky, 65, is a former executive chairman and CEO of Tech Data and will serve on the Finance, Risk Management, and Governance Committees. CEO Michele Buck expressed confidence in his growth-oriented leadership and expertise in technology and digital capabilities. With a career beginning at IBM, Dutkowsky brings extensive experience from executive roles in various tech companies. Hershey operates with over 80 brands, generating around $8 billion in annual revenue.

Positive
  • Appointment of Robert M. Dutkowsky brings extensive leadership experience in multinational technology firms.
  • Dutkowsky's background in digital capabilities may enhance Hershey's growth and operational strategy.
Negative
  • None.

HERSHEY, Pa., Sept. 1, 2020 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced the appointment of Robert M. (Bob) Dutkowsky to its Board of Directors, effective Aug. 29, 2020.

Dutkowsky, age 65, is the former executive chairman and CEO of Tech Data, a multinational distribution company specializing in IT products and services. He will serve on the Finance and Risk Management and Governance Committees.

"Bob is a growth-oriented executive who has led multinational technology and software businesses for several decades," said Michele Buck, Chair of Hershey's Board of Directors and CEO. "He has broad operational experience and a deep understanding of how technology and digital capabilities drive growth and resiliency. We are so pleased to welcome Bob to Hershey and look forward to his contributions to our future success."

Dutkowsky began his career at IBM where he worked in various management positions for 20 years. He has served in executive leadership roles at several technology and data companies including EMC, GenRad, Teradyne, J.D. Edwards & Company and Egenera.  He served as CEO of Tech Data for more than a decade and was known as an executive in service of the people he led and for strong growth in a competitive sector.

Dutkowsky earned his B.S. in Industrial Labor Relations from Cornell University. He also serves on the board of directors of Pitney Bowes, Inc.; Raymond James Financial, Inc.; and US Foods, Inc.

About The Hershey Company
The Hershey Company is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed.  Hershey has approximately 16,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive $8 billion in annual revenues, including such iconic brand names as Hershey's, Reese's, Kit Kat, Jolly Rancher, Ice Breakers, SkinnyPop and Pirate's Booty.

For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably.  Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

To learn more visit www.thehersheycompany.com

Follow: 
Twitter
LinkedIn
Facebook
YouTube
Instagram

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/hershey-appoints-robert-m-dutkowsky-to-board-of-directors-301121303.html

SOURCE The Hershey Company

FAQ

Who is Robert M. Dutkowsky and what is his role at Hershey?

Robert M. Dutkowsky is the newly appointed member of Hershey's Board of Directors, effective Aug. 29, 2020, and will serve on the Finance and Risk Management and Governance Committees.

Why was Robert M. Dutkowsky appointed to Hershey's Board?

Dutkowsky was chosen for his extensive experience in leading multinational technology and software businesses, which is expected to drive growth and resilience at Hershey.

What is the impact of Dutkowsky's appointment on Hershey's future?

His leadership experience and understanding of technology may enhance Hershey's strategic direction and operational efficiency.

The Hershey Company

NYSE:HSY

HSY Rankings

HSY Latest News

HSY Stock Data

39.58B
147.67M
0.27%
81.76%
2.75%
Confectioners
Sugar & Confectionery Products
Link
United States of America
HERSHEY