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HSY » Topics » Have there been any changes to the named executive officers since the end of 2006?

This excerpt taken from the HSY DEF 14A filed Mar 16, 2007.

Have there been any changes to the named executive officers since the end of 2006?

As announced on January 24, 2007, the Board elected David J. West to the position of Executive Vice President, Chief Operating Officer. Mr. West’s annual base salary, effective January 1, 2007, was adjusted by the Committee in February 2007 to $650,000 and his annual and long-term incentive targets were adjusted to competitive market levels based upon input from Towers Perrin. We added the position of Executive Vice President, Chief Operating Officer to ensure that we have the breadth of executive leadership in place both to pursue Hershey’s strategic growth opportunities and to deliver on marketplace and financial expectations. Mr. West will also continue to hold the position of Chief Financial Officer until his successor in that position is elected.

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