Hershey names West new c.e.o.
October 03, 2007
by FoodBusinessNews.net Staff
HERSHEY, PA. — The Hershey Co. has announced that David J. West has been named president, chief executive officer and director of the company. Mr. West is currently executive vice-president and chief operating officer for the company.
The announcement came after a regularly scheduled meeting of the company’s board of directors and one day after Richard H. Lenny announced his intention to retire as chairman, president and c.e.o. by the end of 2007.
Mr. West will begin responsibilities as president and director immediately and will become c.e.o. on Dec. 1.
"Dave is a very strong leader with an in-depth knowledge of all aspects of Hershey’s business," said Robert H. Campbell, a member of the Hershey’s board of directors and chairman of the compensation and executive organization committee. "He has earned the respect of the financial community, Hershey’s customers, the company’s employees and the board of directors. Dave will work with the management team to ensure the company continues to execute on its value-enhancing strategy and delivers exceptional shareholder value through core brand growth and disciplined global expansion."
Mr. Campbell also has been named non-executive chairman, effective Jan. 1, 2008.
Mr. West has been with The Hershey Co. since May 2001 and has fulfilled several roles, including vice-president, business planning and development; senior vice-president, chief customer officer; and senior vice-president and chief financial officer.
Prior to joining Hershey, Mr. West was senior vice-president, chief financial officer, Nabisco Biscuit and Snacks Group, with responsibility for leading the financial function of Kraft Foods’ biscuits, confections and snacks businesses. He joined Nabisco as senior cost analyst, Planters/Life Savers Co. in 1987. During his 14-year career with Nabisco, he was vice-president, corporate strategy and business planning, and director, investment analysis. Earlier, he worked for Wearever Proctor-Silex and Unisys.