Hershey Appoints Robert M. Dutkowsky to Board of Directors
The Hershey Company (NYSE: HSY) appointed Robert M. Dutkowsky to its Board of Directors, effective Aug. 29, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Hershey Company (NYSE: HSY) appointed Robert M. Dutkowsky to its Board of Directors, effective Aug. 29, 2020. Dutkowsky, 65, is a former executive chairman and CEO of Tech Data and will serve on the Finance, Risk Management, and Governance Committees. CEO Michele Buck expressed confidence in his growth-oriented leadership and expertise in technology and digital capabilities. With a career beginning at IBM, Dutkowsky brings extensive experience from executive roles in various tech companies. Hershey operates with over 80 brands, generating around $8 billion in annual revenue.
Positive
- Appointment of Robert M. Dutkowsky brings extensive leadership experience in multinational technology firms.
- Dutkowsky's background in digital capabilities may enhance Hershey's growth and operational strategy.
Negative
- None.
Details
News Market Reaction – HSY
The recorded move for HSY in the trading session of this news was -0.15%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HERSHEY, Pa., Sept. 1, 2020 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced the appointment of Robert M. (Bob) Dutkowsky to its Board of Directors, effective Aug. 29, 2020.
Dutkowsky, age 65, is the former executive chairman and CEO of Tech Data, a multinational distribution company specializing in IT products and services. He will serve on the Finance and Risk Management and Governance Committees.
"Bob is a growth-oriented executive who has led multinational technology and software businesses for several decades," said Michele Buck, Chair of Hershey's Board of Directors and CEO. "He has broad operational experience and a deep understanding of how technology and digital capabilities drive growth and resiliency. We are so pleased to welcome Bob to Hershey and look forward to his contributions to our future success."
Dutkowsky began his career at IBM where he worked in various management positions for 20 years. He has served in executive leadership roles at several technology and data companies including EMC, GenRad, Teradyne, J.D. Edwards & Company and Egenera. He served as CEO of Tech Data for more than a decade and was known as an executive in service of the people he led and for strong growth in a competitive sector.
Dutkowsky earned his B.S. in Industrial Labor Relations from Cornell University. He also serves on the board of directors of Pitney Bowes, Inc.; Raymond James Financial, Inc.; and US Foods, Inc.
About The Hershey Company
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 16,000 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
For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.
To learn more visit www.thehersheycompany.com
Follow:
Twitter
LinkedIn
Facebook
YouTube
Instagram
View original content to download multimedia:http://www.prnewswire.com/news-releases/hershey-appoints-robert-m-dutkowsky-to-board-of-directors-301121303.html
SOURCE The Hershey Company
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.