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UNITED
STATES
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SECURITIES
AND EXCHANGE COMMISSION
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Washington,
D.C. 20549
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______________________________
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FORM
8-K
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CURRENT
REPORT
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Pursuant
to Section 13 or 15(d) of the
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Securities
Exchange Act of 1934
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August
29,
2008
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Date
of Report (Date of earliest event
reported)
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The
Hershey
Company
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(Exact
name of registrant as specified in its
charter)
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Delaware
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(State
or other jurisdiction of
incorporation)
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1-183
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23-0691590
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(Commission
File Number)
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(IRS
Employer Identification No.)
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100
Crystal A Drive, Hershey,
Pennsylvania 17033
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(Address
of Principal Executive Offices) (Zip
Code)
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Registrant's
telephone number, including area code: (717)
534-4200
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Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
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[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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INFORMATION
TO BE INCLUDED IN REPORT
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Item
5.02
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Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers
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On September 2, 2008, The Hershey
Company (“Company”) announced that its Board of Directors (“Board”) increased
the size of the Board from nine to ten members and elected David L.
Shedlarz a director, effective August 29, 2008. Mr. Shedlarz will
serve on the Audit Committee.
Mr. Shedlarz will be compensated for
his service on the Board in accordance with the Company’s Directors’
Compensation Plan. There are no transactions that require disclosure
pursuant to Item 404(a) of Regulation S-K as a result of the election of Mr.
Shedlarz to the Board.
A copy of the Company’s press release
is filed herewith as Exhibit 99.1.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: September
3, 2008
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THE
HERSHEY COMPANY
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By:
/s/
Burton H.
Snyder
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Burton
H. Snyder,
Senior
Vice President,
General
Counsel and Secretary
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EXHIBIT
INDEX
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Exhibit
No.
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Description
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99.1
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The
Hershey Company Press Release dated September 2,
2008
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Exhibit
99.1
DAVID
L. SHEDLARZ ELECTED TO THE HERSHEY COMPANY’S
BOARD
OF DIRECTORS
HERSHEY, Pa., Sept. 2, 2008 —
The Hershey Company (NYSE: HSY) today announced the election to its Board of
Directors of David L. Shedlarz, former Vice Chairman of Pfizer Inc., effective
August 29, 2008.
“We are
pleased to have a leader of David’s caliber join the Board,” said Kenneth L.
Wolfe, Chairman of the Board of Directors, The Hershey Company. “His experience
in strategic planning, innovation, manufacturing and global growth will be of
immense value to The Hershey Company as we continue to build on our momentum in
the marketplace.”
Shedlarz
retired in 2007 as Vice Chairman of Pfizer Inc., the world’s largest
research-based biomedical and pharmaceutical company. He served as a member of
the Pfizer Executive Leadership Team and was focused on helping set the
strategic course of the company and investing in new medical therapies and
approaches to health care. Shedlarz had responsibility for Pfizer’s business
development and licensing, strategic planning, procurement, information
technology, business innovation, facilities, Pfizer Global Manufacturing and
Pfizer Animal Health.
Shedlarz
joined Pfizer in 1976 as a senior financial analyst in the Pharmaceutical
Division. He served as a financial manager and controller of Marketing, Sales
and Production in the Diagnostics Division and was promoted to Vice President of
Finance for the U.S. Pharmaceuticals Group. Shedlarz was elected Pfizer Inc.
Vice President of Finance in 1992, Chief Financial Officer in 1995, and
Executive Vice President in 1999. He was named Vice Chairman in
2005.
Shedlarz
is a member of the TIAA Board of Trustees, and the board of directors of Pitney
Bowes, Inc. He also is a Trustee of the International Accounting Standards
Committee Foundation.
Shedlarz
earned his M.B.A. in finance/accounting from Stern School of Business, New York
University, in 1975, and a bachelor’s degree in economics/mathematics from
Oakland/Michigan State University in 1970.
About The
Hershey Company
The
Hershey Company (NYSE: HSY) is the largest North American manufacturer of
quality chocolate and sugar confectionery products. With revenues of nearly $5
billion and almost 13,000 employees worldwide, The Hershey Company markets such
iconic brands as Hershey’s,
Reese’s, Hershey’s Kisses, Kit Kat, Twizzlers and Ice Breakers. Hershey is the
leader in the fast-growing dark and premium chocolate segment, with such brands
as Hershey’s Bliss,
Hershey’s Special Dark,
Hershey’s Extra Dark
and Cacao Reserve by
Hershey’s. Hershey’s Ice Breakers franchise
delivers refreshment across a variety of mint and gum flavors and formats.
Hershey’s partnership with Starbucks offers a premium chocolate experience that
combines the highest-quality chocolate with Starbucks coffee-house flavors, for
a range of delicious and distinct chocolate products. In addition, Artisan
Confections Company, a wholly owned subsidiary of The Hershey Company, markets
such premium chocolate offerings as Scharffen Berger, known for
its high-cacao dark chocolate products, Joseph Schmidt, recognized
for its fine, handcrafted chocolate gifts, and Dagoba, known for its
high-quality natural and organic chocolate bars. Visit us at www.hersheynewsroom.com.
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Media
Contact:
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Kirk
Saville
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717-534-7641
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Financial
Contact:
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Mark
Pogharian
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717-534-7556
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