Hershey / PA. (thc) The Hershey Company, a global leader in confection, announced that James E. Nevels, the company’s lead independent director, has informed the company that he does not intend to stand for re-election at the company’s 2017 Annual Meeting of Stockholders. Nevels, age 64, was elected to the Hershey Board of Directors in 2007 and served as non-executive chairman from 2009 until 2015. Nevels will continue to serve as lead independent director for the remainder of his term.
«It has been an honor to serve on the board of the greatest confectionery company in the world», Nevels said. «I am fully confident that after nearly a decade of service, the time is right for me to move on to other pursuits. This decision provides the board with the continued opportunity to select diverse and experienced members who can help guide the company through its next phase of growth and consumer-centric brand building».
«On behalf of the Board of Directors and the company, I want to express our sincere appreciation to Jim for his leadership, contributions and dedication to The Hershey Company», said J.P. Bilbrey, Chairman, President and CEO of Hershey. «We have valued Jim’s perspective and insight over the years. Jim has been an important part of the company’s success and its reputation in the market as a company committed to bringing goodness to the world through its iconic brands, remarkable people and community engagement». The company expects to hold its 2017 Annual Meeting of Stockholders on May 03, 2017.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- ADM: Appoints EVP and Chief Financial Officer
- Position change: Chipotle announces new CFO
- Delivery Hero announces interim Chief Financial Officer
- McCormick: Announces Executive VP and CFO
- Cloetta: Confectionery Group appoints country manager
- Fazer Group: announces Chief Procurement Officer
- Little Caesars And Ilitch Announce Key Technology Promotions
- Sweden Won The 52nd UIBC World Championship Of Young Bakers
- CKE Restaurants: Appoints Chief Technology and Growth Officer
- RBI: Announces Election of Directors
- «ezCater»: Names Chief Revenue Officer
- Schwan’s Company: names new Chief Executive Officer
- Post Holdings: Announces Upcoming Leadership Changes
- RBI: Appoints Senior Advisor in Asia-Pacific Region
- KKD: announces Chief Legal Officer
- Nomad Foods: appoints new Chief Financial Officer
- Rohlik Group: announces new Chief Technology Officer
- Ardent Mills: Names new Chief Executive Officer
- Wendy’s: Company announces management optimization
- Kesko: announces changes to the Group’s Management Board