This focus aligns her work with the mission of the Hersheys legacy. Mr. Saltzman was named one of Time Magazines 100 Innovators. Ms. Marsh is additionally a director of the board for two institutional investor funds managed by Global Forest Partners LP and is a past director of the board of the Federal Farm Credit Banks Funding Corporation. As one of three representatives of Hershey Trust Company and Milton Hershey School currently serving on the Board. Chairman of the Board, Hershey Trust Company and Milton Hershey School Yes Audit Compensation Robert M. Malcolm 68 10 Former President, Global Marketing, Sales & Innovation, Diageo PLC Yes 2023 Hershey Trust Company 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445, 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445. Still, in 1905 Milton Hersheys town was more of an idea than an actuality. She brings board experience on Fortune 100 and public company boards. Before he returned to the school in 2002 as a member of the twin boards that govern the Milton Hershey School and The Hershey Trust Co., the company that manages the school's $8 billion . Attorney General, Hershey Trust reach agreement - WGAL Hershey Trust Companys financial strength also enabled it to support another financial institution, Northern Trust and Saving Company of Lancaster, and prevent its collapse during the financial strain caused by the Depression. Management of the Milton Hershey School Trust was so good that income generated often outpaced the Schools needs. The charts on this page feature a breakdown of the total annual pay for the top executives at HERSHEY CO as reported in their proxy statements. During his career, Jason has received a variety of honors, including Ernst & Youngs Entrepreneur of the Year, the Pittsburgh Technology Councils CEO of the Year and the Milton Hershey School Alumnus of the Year. Program Officer for the Aspiring Leaders Program at Teaching Trust During that time, she was the longest serving president, and only president to be elected twice, of the National Association of Insurance Commissioners and has board experience on Fortune 100 and public company boards. Non-Sweet Allegations Against Hershey Trust | Bryan Cave Leighton Paisner Ms. Arway contributes to the Board through the experience in finance, marketing, international business, government affairs, consumer products and human resources she developed throughout her career. A.B., Mathematics and Business Administration, Wittenberg University, Appointed: Director 2014 Chief of Staff to Pennsylvania Governor Robert P. Casey We grew . Hershey Overhauls Its Board of Directors - The New York Times Michelle Figlar began her career as an early childhood teacher and is currently the executive director of the Birmingham Foundation in Pittsburgh. It seeks to balance the need to preserve open land while accommodating a real need to provide for the growth and development necessary to remain a healthy community. Previously, the company paid $1.04 per share. After graduating from MHS and Bloomsburg University in 1992, he became an entrepreneur and selftaught programmer and started a series of internet companies, including MyCoupons. Board of Directors Board of Directors submenu; Committees & Charters Committees & Charters submenu; Corporate Governance Corporate Governance submenu; . The Homestead served as both home and classroom to the first students. Highlights: Jason enrolled at Milton Hershey School at the age of 11. The Hershey Trust Company board of directors had decided to reject all bids and informed Lenny that the company was no longer up for sale. Mr. Saltzmans expertise is in the areas of education, at-risk child care, and non-profits. Hershey Trust holds 58,112K shares representing 28.44% ownership of the company. She is currently the Chief Financial Officer of Wedgewood Pharmacy. Prior to that, she was executive director of the Pittsburgh Association for the Education of Young Children. Prior to that position, Mr. Malcolm spent 24 years at The Procter & Gamble Company in various leadership positions, including as Vice President General Manager Beverages, Europe, Middle East and Africa, and Vice President General Manager, Arabian Peninsula. Hershey Co Management'S Discussion and Analysis of Financial Condition She served as the longest president of the National Association of Insurance Commissioners. He was a man of action. She is also recipient of the Milton Hershey School Alumni Career Achievement Award. Los Angeles Regional Director, Sylvan Learning Systems That same year Milton Hershey established Hershey Trust Company to serve as the communitys bank in accommodating its financial needs. Edwards & Co., Inc. Having spent most of his career in the technology industry, Mr. Dutkowsky brings to the Board broad operational experience and a deep understanding of the technology industry and how technology and digital capabilities drive growth and resiliency. 1991, as well as the Chairman of The Hershey Company Board of Directors. Hershey Trust Company serves as the Trustee of the Milton Hershey School Trust, The M.S. The Hershey Trust Company is an American corporation incorporated on April 28, 1905, by Milton S. Hershey, Harry Lebkicher and John E. Snyder. She holds leadership positions on several boards and earned a bachelors degree in child development from the University of Pittsburgh and a masters degree in early childhood education from Kent State University. In addition to Mr. Katzirs overall leadership experience, his roles throughout his career demonstrate a commitment to the plight of those less fortunate and align with the mission of Hershey Trust Company and Milton Hershey School. He previously served for 27 years as the executive director of the Robin Hood Foundation, New York Citys largest poverty-fighting organization. Education: That same year the board voted to appropriate $20,000 to build a new building to house the Trust Company offices. As Chief Financial Officer for Sleep Number Corporation, Ms. Schoppert gained extensive experience leading all finance functions, including financial planning and analysis, accounting, tax, treasury, investor relations, decision support and IT. During the early years, Milton Hershey paid for many of the schools expenses out of his own pocket. He also serves on the Board of Directors of the Hershey Trust Company. Jason later built Direct Response Technologies, Inc., an affiliate tracking platform which scaled to 12 billion monthly transactions. He currently serves on the corporate board of directors at WisdomTree, Inc. During his time at Lincoln Financial Group, he lived in the Philadelphia area and served on the board of directors of the Urban League of Philadelphia. Mr. Crawford also held senior management positions at PepsiCo, Inc., a multinational food, snack and beverage company. The increased staff provided Hershey Trust Company with enhanced expertise in money management and beginning in 1989 the company began actively soliciting private business. Harold has spent his career leading teams that managed multibillion-dollar investment portfolios and will be immediately helpful in overseeing the management of the Milton Hershey School Trust. Ms. Schoppert contributes to the Board through her extensive financial leadership experience, public company reporting expertise and retail experience across finance, IT, digital and marketing. The Hershey Trust Company is a trust that oversees the funding of the Milton Hershey School. President, Discovery Communications Consumer Products and Discovery.com Professional Experience: Through his will, Milton Hershey directed that the Trust Company serve as trustee for a new trust fund. Today the Trust Company continues its role as trustee for the Foundation. In addition to the Hershey enterprises, the Chocolate Company holdings also included Milton HersheysCuban holdings. She served in several other senior management positions during her time at Wm. [3] In 1909, when Hershey founded the Milton Hershey School, Hershey appointed the Trust as administrator of the school trust. During his career, Jason has received a variety of honors, including Ernst & Youngs Entrepreneur of the Year, the Pittsburgh Technology Councils CEO of the Year and the Milton Hershey School Alumnus of the Year. That year Milton Hershey quietly gifted the School Trust with all of his Hershey Chocolate Company stock, then valued at $60 million. "Diane's commitment as a long-standing Manager on the Milton Hershey School Board of Managers and as a Director on the Hershey Trust Company Board of Directors has benefited the children at Milton Hershey School for years," said Robert Heist '82, who served as Chair from 2018-20. He was initially recommended for nomination to the Board by the Milton Hershey School Trust in 2003. PDF James E. Nevels Chairman The Hershey Company Board of Directors She has served as Insurance Commissioner in Pennsylvania for 10 years in the cabinets of Republican and Democratic governors and was responsible for expanding the Children's Health Insurance Program (CHIP). Ms. Kraus is an alumna of Milton Hershey School, having graduated as valedictorian in 1989, and is a recipient of the Milton Hershey School Alumni Career Award. As Chairman of the Board, President and Chief Executive Officer of the Company, a position she has held since October 2019, Ms. Buck is responsible for all day-to-day global operations and commercial activities of the Company. Education: The Trust Company continued to maintain offices in the Bank/Trust building at the corner of Chocolate and Cocoa Avenues. She has also served as director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School since December 2015. The establishment of the Hershey Medical Center had a dramatic impact on the community as well. In 2011, Hershey Trust Company sold its private wealth management group to Bryn Mawr Bank Corporation in order to focus its talents and energies on managing the assets of the Milton Hershey School trust fund. HERSHEY, Pa., Jan. 9, 2023 /PRNewswire/ -- The Hershey Trust Company (HTC) Board of Directors and the Milton Hershey School (MHS) Board of Managers announced today the recent election of 2011 investigation of the Hershey Trust Company, Entities of the Milton Hershey School Trust, Entities of the Milton S. Hershey Foundation, Created through a gift from the MS Hershey Foundation using funds provided by the, Hershey Entertainment and Resorts Company, Penn State Milton S. Hershey Medical Center, "Board of Directors Hershey Trust Company", "IRS Form 990 Milton Hershey School and School Trust", "Hershey school's purchase of golf course helped investors", "Ousted Hershey Trust president tells court of serious financial irregularities", "Ex-Hershey Trust official Robert Reese gives $100K to AG candidate Kathleen Kane", "Pennsylvania's attorney general: No penalties, but reforms for Hershey Trust", "Hershey Trust Company Reaches Agreement with Attorney General on Reforms to Better Serve the Milton Hershey School Mission", "AG wants to remove 3 leaders of Hershey Trust", "Few details available in Estey bombshell", https://en.wikipedia.org/w/index.php?title=Hershey_Trust_Company&oldid=1117454328, This page was last edited on 21 October 2022, at 20:26.
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