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Hershey chief financial officer to retire

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By Anna Bonar+

04-Sep-2014
Last updated on 04-Sep-2014 at 14:41 GMT

Hershey chief financial officer to retire

David W. Tacka, senior vice president and CFO, intends to retire from Hershey at the end of the year. His successor is not yet known.

"Dave has had a distinguished 40-year career at Hershey culminating in his appointment as CFO in May 2013,” said John P. Bilbrey, CEO at Hershey.

“He has made solid contributions during periods of transformation and growth and will be leaving the company in a very strong financial position,” Bilbrey added.

Hershey net sales rose by 4.4% to $1.6b in the second quarter of 2014, falling slightly short of their predicted growth between 5-7%. But its leading US market share of 31.1% remained unchanged.

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