Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, October 2, 2007

Hersey's CEO Announces He Is Stepping Down

Hershey is one of the few public companies that is controlled by a charitable trust.  (A few years ago, the Trust blocked a sale of the company for fear it would interfere with its charitable purposes.)  Yesterday CEO Richard Lenny announced his resignation; the Wall St. Journal reports the reason is his frustration with the Trust.  WSJ, Hershey CEO Richard Lenny to Step Down.

News Stories | Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference Hersey's CEO Announces He Is Stepping Down:


Post a comment