Michele G. Buck has been the CEO of The Hershey Company since March 1, 2017. She has a strong background in the candy and snack industry, starting her career at Hershey in 2005. Before becoming CEO, she worked her way...

Current Market Cap

$39.10B

Number of Employees

20.51K

Total Compensation

2019 - 2023

Trending up by 16.24% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 7.69% last year

Bonus

Down by -100.00% last year

Other

Up by 26.27% last year

Year

2023

Total Compensation

$6.80M

Salary

$1.40M

Board Justification

The executive compensation program is intended to provide competitive compensation based on performance and contributions to the Company, to incentivize, attract and retain key executives, to align the interests of our executive officers and our key stakeholders and to drive long-term stockholder value.

Bonus

$0.00

Board Justification

No discretionary bonuses were paid to the NEOs in 2023, except for Mr. Bhatia who received a cash sign-on payment of $750,000 and a transition allowance of $125,000.

Other

$493.37K

Board Justification

Includes various forms of compensation such as retirement income, perquisites, and other benefits.

Restricted Stock

$4.91M(25.56K RSU)

Board Justification

Represents unvested annual RSUs awarded in February 2023 which vest ratably over 3 years.

Performance Metrics

The performance metrics for the CEO's compensation are tied to the Company's financial performance, including net sales growth and adjusted earnings per share.

SEC Filing

From March 26, 2024