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Hershey Nominates New Independent Director for Election to Company Board

HERSHEY, Pa., April 11, 2019 (GLOBE NEWSWIRE) -- The Hershey Company (HSY) today announced that its Board of Directors has nominated Juan R. Perez, Chief Information and Engineering Officer, United Parcel Service, Inc., for election to the Board.  The Hershey Board has also nominated the current chairman and all other current members of the Board for re-election. The elections will take place at the company’s annual stockholder meeting on May 21, 2019. Following the elections, the Hershey Board will be comprised of 12 members, of which 11 will be independent directors.

“Juan has deep expertise in supply chain management and logistics, digital technology, innovation, and data analytics as well as broad management leadership experience,” said Charles A. Davis, Chairman of the Board, The Hershey Company. “His wide range of commercial, operational and technological knowledge and experience will bring new depth to Hershey’s highly qualified Board of Directors as the company continues to focus on growth across the snacking continuum.”

Perez has served in numerous leadership roles during his nearly 30-year career at UPS, including Chief Information Officer, Vice President of Technology and other positions of increasing responsibility across operations, engineering, process management, and technology in corporate, U.S., and international business units. He has been recognized for his technical and leadership contributions, most notably as the 2018 Georgia CIO of the Year® by the ORBIE® Awards, a Premier IT Leader by Computer World and a Top Latino Leader by the Council for Latino Workplace Equality.

Perez earned his BS in Industrial and Systems Engineering and a MS in Computer and Manufacturing Engineering, from the University of Southern California. He is a senior member of the Institute of Industrial Engineers and the American Society for Quality.

About Hershey
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 16,500 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 more than $7.8 billion in annual revenues.

To learn more visit www.thehersheycompany.com.

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Media Contact:
Leigh Horner, 717-508-1247
lhorner@hersheys.com

Investor Contact:
Melissa Poole, 717-534-7555
mpoole@hersheys.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/31238d18-cd58-4ee4-97ec-07a7412a6739