# HERSHEY CO (HSY) — management_change/cfo [announced]
Source: sec.gov · situation sit_c765cff814a90eec0a65 · public 7229745516682156463 · retrieved 2026-09-03T11:48:36.753Z

## Overview
Hershey is a global confectionery leader known for making more moments of goodness through chocolate, sweets, mints, and other great tasting snacks.

Hulays and any other person pursuant to which he was selected as an officer. Mr. Hulays has no family relationship with any director or executive officer of the Company or person nominated or chosen to become a director or executive officer of the Company, and there are no transactions involving Mr. Hulays agreed to an offer letter with the Company (the "Offer Letter"), which provides for the following compensation arrangements: &#8226; an annual base salary of $725,000; &#8226; participation in the annual incentive program ("One Hershey Incentive Program") of the Company's Equity and Incentive Compensation Plan ("EICP), with a target 2026 annual incentive award opportunity equal to 85% of his base salary until the effective date of his appointment and 100% of his base salary thereafter; and &#8226; participation in the long-term incentive program ("LTIP") of the EICP at a target equal to $2 million.

## Key dates
- Announced 2026-09-02

## Timeline
- 2026-09-02 · 8-K (0001628280-26-060131): 8-K - HERSHEY CO — *Hershey is a global confectionery leader known for making more moments of goodness through chocolate, sweets, mints, and other great tasting snacks.* Hulays and any other person pursuant to which he was selected as an officer. Mr. Hulays has no family relationship with any director or executive officer of the Company or person nominated or chosen to become a director or executive officer of the Company, and there are no transactions involving Mr. Hulays agreed to an offer letter with the Company (the "Offer Letter"), which provides for the following compensation arrangements: &#8226; an annual base salary of $725,000; &#8226; participation in the annual incentive program ("One Hershey Incentive Program") of the Company's Equity and Incentive Compensation Plan ("EICP), with a target 2026 annual incentive award opportunity equal to 85% of his base salary until the effective date of his appointment and 100% of his base salary thereafter; and &#8226; participation in the long-term incentive program ("LTIP") of the EICP at a target equal to $2 million.
  https://www.sec.gov/Archives/edgar/data/47111/0001628280-26-060131.txt

## Citations
- 0001628280-26-060131 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026060131
