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HSY » Topics » 2004 EXECUTIVE COMPENSATION Compensation and Executive Organization Committee Report on Executive Compensation

This excerpt taken from the HSY DEF 14A filed Mar 10, 2005.

2004 EXECUTIVE COMPENSATION
 
Compensation and Executive Organization Committee Report
on Executive Compensation

The Compensation and Executive Organization Committee of the Board of Directors (“Committee”) is composed entirely of directors determined by the Board, in its business judgment, to have no material relationship to the Company and to be independent under the listing standards of the New York Stock Exchange and the Company’s Corporate Governance Guidelines. The Committee is responsible for the establishment and oversight of the Company’s executive compensation program.

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