The Hershey Company - 2052 Words

The Hershey Chocolate Company Table of Contents Board of Directors 1 Introduction 2 Report 3 Financial Report Card 9 Annual Report Board of Directors Pamela Arway- Senior Advisor to Chairman and CEO of American Express Robert Cavanaugh- Managing Director of DLJ Real Estate Capital Partners Charles Davis- CEO of Stone Point Capital, LLC James Nevels- Director of Tasty Baking Company Thomas Ridge- President and CEO of Ridge Global, LLC David Shedlarz- Vice President of Pfizer, Inc David West- President and CEO of The Hershey Company Leroy Zimmerman- Senior Counsel of Eckert, Seamans, Cherin, And Mellott, LLC The Hershey Company The Hershey†¦show more content†¦In 1907 the Hershey Chocolate Company started producing a flat bottomed milk chocolate candy which Mr. Hershey decided to call the Hershey Kiss. In early production the Hershey Kisses were individually wrapped in little squares of silver foil. In 1921 when the wrapping machine was invented Hershey decided to give the Hershey Kiss a â€Å"plume† like appearance that we recognize today. This was to signify to consumers that this was a genuine Hershey’s Kiss Chocolate. This was eventually trademarked in 1913. Over the next two decades the Hershey Chocolate Company would produce several more products. These products were Mr. Goodbar (1925), Hershey’s Syrup (1926), chocolate chips (1928) and the Krackel bar (1938). During the Great Depression of the 1930’s these products made it possible for employees to keep their jobs and the company was able to sustain profitability. During even harder times, WW II, The Hersh ey Company provided survival rations of chocolate bars for military use. By doing this The Hershey Chocolate Company earned no less than five Army-Navy â€Å"E† Production Awards for its exceptional contributions to the war effort. In fact, the company’s machine shop even turned out parts for the Navy’s antiaircraft guns. Since 1928 Harry B Reese had a strong partnership with The HersheyShow MoreRelatedThe Hershey Company By Milton Hershey996 Words   |  4 Pagesâ€Å"The Hershey Company† was founded by Milton Hershey in 1909. In 1894 they decided to produce a sweet chocolate as a coating for his caramels. The company was originally located in Lancaster Pennsylvania. The company is now headquartered in Hershey, Pennsylvania and is a global confectionary leader. They are known for their chocolate, sweets, mints and other snacks. In 1900, â€Å"Hershey† Company started making milk chocolate bars, wafers, and other shapes. He was able to lower the unit cost andRead MoreMilton Hershey And The Hershey Company1060 Words   |  5 PagesThe Hershey Company, also known as Hershey’s, is a company that sells candy and treats to people all over the world. A man named Milton Hershey had a dream to establish a candy company. His first two candy companies had failed, but he never gave up. He started the Hershey Company in 1894 and is located in Lancaster, Pennsylvania. Since then, it has spread all over the world and became one of the biggest manufacturers of candies in the world. Milton Hershey, the founder of The Hershey Company, wasRead MoreThe Hershey Company s Company1741 Words   |  7 Pages THE HERSHEY’S COMPANY Newton Prajapati University of Bridgeport â€Æ' Introduction Company Background: The Hershey Company is one of the largest chocolate manufacturers in North America. The company’s name has been a synonym for chocolate in North America. Hershey’s was founded Milton S. Hershey in 1894 in Derry Township, Pennsylvania. It has secured the position of 22nd in the list of top 100 food processing company of USA (Foodprocessing, n.d.). 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Milton began his early years of making candy for a local Lancaster County confectioner named Joseph Royster. At the young age of fourteen Milton began to express a true interest in making confectionary candies and for the next four years he stu died the arts and sciences of perfectingRead MoreThe Hershey Company ( Hsy )1661 Words   |  7 Pages As said by key (2015), â€Å"The Hershey Company (HSY) is the largest producer of quality chocolate in North America. It is a global leader in chocolate, sugar confectionery, and chocolate-related grocery products, operating under 80 brands in 70 countries worldwide.† The US confectionery market consists of gums, chocolates and sugar confectionery and the largest segment prior to this market in 2013 was the chocolate segment. The main players in this market are Hersheys, Mars and Nestle with Hershey’sRead MoreHershey Foods Company2299 Words   |  10 PagesIntroduction The Hershey Company is famously known for being the biggest manufacturer of chocolates and confectionery products in USA, having hired over 15,000 employees worldwide and exporting their products to ninety different countries over the world. The Hershey Company has several popular brands, some of most notable ones being Hershey s Chocolate Bar, Kit Kat, Hershey s Kisses, Reese s, York Peppermint Pattie, Rolo and Krackle Bar. With the help of these brands, Hershey gained success andRead MoreCompany Profile Of The Hershey Company1237 Words   |  5 PagesIntroduction The Hershey Company, known until April 2005 as the Hershey Foods Corporation (and commonly called Hershey’s), is the largest chocolate manufacturer in North America. Its headquarters are in Hershey, PA. Founded in 1894, the company is 120 years old and enjoys the benefits associated with a mature business cycle; strong corporate culture, brand recognition, customer loyalty, etc. This paper analyzes the business in a number of ways to explain how Hershey’s has endured and some issuesRead MoreMilton Hershey And The Hershey Company1018 Words   |  5 PagesThe Hershey Company is a candy company that makes hundreds of candies. They are one of the biggest manufacturers of candy in the world. It was started by a man named Milton Hershey in 1894. The company is located in Lancaster, Pennsylvania, and has spread all over the world. Hershey chocolate is a mouthwatering milk chocolate that is affordable for all. Milton Hershey, the founder of The Hershey Company, was born September 13, 1857, and his parents were Henry Hershey and Fanny Snavely. At the ageRead MoreHershey Company-A Case Analysis2667 Words   |  11 Pages Abstract The Hershey Company, known until April 2005 as the  Hershey Foods Corporation and commonly called  Hershey s, is the largest chocolate manufacturer in North America. Its headquarters are in  Hershey, Pennsylvania, which is also home to  Hershey s Chocolate World. It was founded by  Milton S. Hershey  in 1894 as the Hershey Chocolate Company, a subsidiary of his  Lancaster Caramel Company. Hershey s products are sold in about sixty countries worldwide.  In addition, Hershey is a member of the  World