The Hershey Company Names Mitchell Arends Chief Supply Chain Officer

Rhea-AI Summary

The Hershey Company (NYSE: HSY) appointed Mitchell Arends as Chief Supply Chain Officer, effective June 22, 2026, succeeding 30-year veteran Jason Reiman, who will retire after a structured transition through April 2027.

Arends previously led large-scale supply chains at UTZ Brands and Kraft Heinz.

Positive

• Experienced CPG supply chain leader appointed as Chief Supply Chain Officer effective June 22, 2026
• Orderly leadership transition with outgoing CSCO remaining through April 2027
• New CSCO previously oversaw $1.5 billion UTZ Brands business operations
• Prior role managing a $22 billion North America supply chain at Kraft Heinz
• Focus areas include digital integration, automation, and insights-driven planning across Hershey’s network
• Transition partnership to advance integrated planning, digital capabilities, and network optimization

Negative

• None.

News Market Reaction – HSY

-1.53%

-1.53% Session close to close

In the May 29 session, HSY declined 1.53%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details a planned transition in HSY’s supply chain leadership, with the incoming C...

Analysis

This announcement details a planned transition in HSY’s supply chain leadership, with the incoming Chief Supply Chain Officer bringing more than 25 years of experience and the outgoing leader remaining through April 2027 to support modernization. In context of recent strong Q1 2026 results and a long dividend record, investors may watch execution on digital integration, automation, and network optimization as key metrics for how this leadership change influences long-term operational performance.

Key Figures

Planned transition end: April 2027 Arends experience: More than 25 years Reiman tenure: 30-year career +4 more

7 metrics

Planned transition end April 2027 Reiman to remain through April 2027 for leadership transition

Arends experience More than 25 years End-to-end supply chain leadership in consumer-packaged goods

Reiman tenure 30-year career Jason Reiman’s tenure at The Hershey Company

UTZ business size $1.5 billion Business for which Arends had full operational accountability at UTZ Brands

Kraft Heinz supply chain $22 billion Supply chain responsibility for North America at Kraft Heinz

Salty snacks insourced 80% Salty snacks network reportedly insourced under Reiman’s leadership

Transition focus horizon Through Q1 2027 Reiman and Arends to partner on modernization through first quarter 2027

Historical Context

5 past events · Latest: May 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 11	Brand collaboration	Positive	+1.8%	Expanded Hershey’s Kisses x Pokémon collaboration with special packaging and digital hub.
May 08	Conference participation	Neutral	-0.6%	CFO fireside chat announcement for Goldman Sachs Global Staples Forum.
Apr 30	Dividend declaration	Positive	-1.8%	Quarterly dividends declared, extending long streak on common and Class B shares.
Apr 30	Earnings results	Positive	-1.8%	Q1 2026 results with double‑digit net sales growth and reaffirmed 2026 guidance.
Apr 07	Earnings webcast	Neutral	-0.5%	Announcement of webcast details for upcoming Q1 2026 earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows that clearly positive fundamentals (earnings, dividends) sometimes coincided with negative 24-hour moves (e.g., -1.81% after Q1 2026 results and dividends), indicating occasional divergence between news tone and short-term price reaction.

Recent Company History

Over the last few months, HSY has reported strong fundamentals, including Q1 2026 net sales of $3,104.2 million (up 10.6%) and adjusted EPS of $2.35 (up 12.4%), while reaffirming full‑year guidance. The company also maintained its long dividend streak with the 385th consecutive common dividend and pursued brand collaborations such as Hershey’s Kisses x Pokémon. Despite these positives, some events—like earnings and dividend declarations—were followed by -1.81% moves, underscoring that strong news has not always translated into immediate gains.

Key Terms

direct store delivery (DSD)

1 terms

direct store delivery (DSD) technical

"a $1.5 billion business spanning supply chain, R&D, transformation and direct store delivery (DSD) operations"

Direct store delivery (DSD) is a supply-chain method where manufacturers or third-party distributors deliver products straight to retail shelves instead of sending them through the retailer’s central warehouse. Investors track DSD because it affects how quickly items appear on shelves, how much inventory and handling cost a retailer carries, and how well a brand controls shelf placement and promotions — like a vendor restocking a shop directly rather than using a shared storeroom — which can influence sales and profit margins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Jason Reiman, a 30-Year Hershey Veteran, to Retire Following Planned Leadership Transition 

HERSHEY, Pa., May 28, 2026 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Mitchell Arends has been named Chief Supply Chain Officer, effective June 22, 2026. Arends succeeds Jason Reiman, who is retiring after a 30-year career with the company. Reiman will remain through April 2027 to ensure a thorough and structured leadership transition. 

Arends brings more than 25 years of end-to-end supply chain leadership in consumer-packaged goods. He joins Hershey from UTZ Brands, where he served as Executive Vice President, Principal Operating Officer, and Chief Integrated Supply Chain Officer, with full operational accountability for a $1.5 billion business spanning supply chain, R&D, transformation and direct store delivery (DSD) operations. Prior to UTZ, Arends served as Chief Supply Chain Officer of North America at Kraft Heinz, responsible for a $22 billion supply chain across manufacturing, logistics, planning, and procurement. 

"Mitch is a proven transformational leader with the end-to-end mindset, track record, and people-first approach that will continue to drive Hershey's supply chain forward," said Kirk Tanner, President and CEO, The Hershey Company. "His experience across complex operations in the CPG industry makes him well-suited to build on the foundation Jason has established. At the same time, we are deeply grateful to Jason. His 30-year journey from intern to Chief Supply Chain Officer reflects the commitment and character that define this company. He leaves a supply chain that is stronger, more capable, and better positioned than ever." 

Arends will have end-to-end accountability for Hershey's integrated supply chain — manufacturing, procurement, logistics, and planning. He will focus on accelerating digital integration and automation and advancing insights-driven planning across the network. 

During the transition period through the first quarter of 2027, Reiman will partner with Arends on supply chain modernization, with a focus on integrated planning, accelerated digital capabilities and network optimization. 

Reiman joined Hershey as an intern and built a career spanning the full breadth of the supply chain. His significant contributions include bringing core capacity and expanded confection capabilities in-house, standing up two fully digitally integrated manufacturing facilities and building the salty snacks network that is now 80% insourced. 

"The opportunity to continue building a supply chain for some of the world's most iconic products is an exciting moment in my career," said Mitchell Arends. "Doing that in a way that develops people and strengthens the communities where we operate makes it even more so. Building a supply chain fit for the future means more than deploying technology or optimizing networks. It means developing the talent capable of sustaining that transformation long after any single initiative is complete." 

"I've always believed that great leadership is a relay. I'm proud to hand this baton to Mitch," said Jason Reiman, Chief Supply Chain Officer, The Hershey Company.  "He has the vision, the experience, and the values to carry this work forward and to uphold what Milton Hershey built. I'm grateful for every year, for the people I worked alongside, and for what this company stands for." 

About The Hershey Company
The Hershey Company is an industry-leading snacks company with a purpose to make more moments of goodness and a vision to lead next generation snacking. Hershey brings together more than 20,000 employees worldwide to deliver delicious, high-quality products across more than 85 brands in approximately 65 countries, generating more than $11.7 billion in annual revenues.

Hershey brings its full portfolio to market as ONE Hershey, spanning confection, salty and functional snacking categories with beloved brands like Hershey's, Reese's, Kisses, KIT KAT®, Jolly Rancher, Twizzlers and Ice Breakers; salty snacks including SkinnyPop, LesserEvil, Pirate's Booty and Dot's Homestyle Pretzels; and a protein portfolio including ONE Brands and Fulfil.

For more than 130 years, Hershey has operated fairly, ethically and sustainably. Founder Milton Hershey established Milton Hershey School in 1909, and that legacy of purpose endures today through the company's commitment to helping children succeed through equitable access to education.

To learn more visit www.thehersheycompany.com.

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SOURCE The Hershey Company

FAQ

Who is the new Chief Supply Chain Officer of Hershey (NYSE: HSY) and when does he start?

Mitchell Arends will become Hershey’s Chief Supply Chain Officer on June 22, 2026. According to Hershey, he brings over 25 years of end-to-end supply chain leadership in consumer-packaged goods from roles at UTZ Brands and Kraft Heinz.

When is Jason Reiman retiring from Hershey (NYSE: HSY) and how long is the transition?

Jason Reiman will retire from Hershey after a transition period ending in April 2027. According to Hershey, he will partner with Mitchell Arends through the first quarter of 2027 to support modernization and ensure a structured leadership handover.

What experience does Mitchell Arends bring to his role at Hershey (NYSE: HSY)?

Mitchell Arends has more than 25 years of supply chain leadership in major CPG companies. According to Hershey, he oversaw a $1.5 billion UTZ Brands business and previously managed a $22 billion North America supply chain at Kraft Heinz.

What will be Mitchell Arends’ key responsibilities as Hershey (NYSE: HSY) Chief Supply Chain Officer?

Mitchell Arends will oversee Hershey’s integrated supply chain, including manufacturing, procurement, logistics, and planning. According to Hershey, he will focus on accelerating digital integration, automation, and insights-driven planning to support modernization and future-ready operations across the supply network.

How did Jason Reiman contribute to Hershey’s supply chain before his retirement announcement?

Jason Reiman spent 30 years at Hershey, progressing from intern to Chief Supply Chain Officer. According to Hershey, his contributions include expanding in-house confection capacity, building two digitally integrated plants, and developing a salty snacks network that is now 80% insourced.

How will Hershey (NYSE: HSY) manage supply chain modernization during the leadership transition?

Hershey plans a collaborative modernization effort between Jason Reiman and Mitchell Arends through early 2027. According to Hershey, their work will emphasize integrated planning, accelerated digital capabilities, automation, and network optimization to position the company’s supply chain for the future.