Jason brings the unique perspective of an MHS graduate and vast experience as a successful entrepreneur," Koken added. "Michelle, Harold and Jason bring exceptional leadership experience and a commitment to honoring the legacy of our founders, Milton and Catherine Hershey, and fill important needs identified by the current members of our Boards," said Diane Koken, Chair of the HTC and MHS Boards. This page is not available in other languages. The townships population grew from 15,500 in 1970 to 21,273 in 2000. Professional Experience: He received his B.S. SEC Filing | The Hershey Company - Notified She served as the longest president of the National Association of Insurance Commissioners. Education Director, AMIKids-Day Treatment and Residential Programs They would need comfortable homes, health and recreational facilities, and schools for their children. It seeks to balance the need to preserve open land while accommodating a real need to provide for the growth and development necessary to remain a healthy community. Mr. Dutkowsky is the former Executive Chairman and Chief Executive Officer of Tech Data Corporation, a wholesale distributor of technology products, a position he held from June 2018 until his retirement in June 2020. He is also the Senior Vice President of Business Development for General Electric Company, a global company focused on aviation, healthcare and energy, a position he has held since October 2021. But there are precious few poor white orphans living near Hershey chocolate factories today. Professional Experience: The decision to establish a trust company rather than a bank was made after Milton Hershey sought advice from the Northern National Bank of Lancaster, Pennsylvania. She also held a succession of leadership positions in her 27-year career at Kraft Foods, Inc., a grocery manufacturing and processing conglomerate. Ms. Marsh is also a trustee emerita and past treasurer of Sewickley Academy, where she continues to serve on its endowment committee. During the early years, Milton Hershey paid for many of the schools expenses out of his own pocket. President and Chief Executive Officer, Bryn Mawr Rehab, Jefferson Health System His background aligns with accountable philanthropy and the mission of preserving Mr. and Mrs. Hersheys legacy. [6] One particular issue was the purchase of the Wren Dale Golf Course, in which the Hershey Trust overpaid for the property, to the benefit of board members who were both owners of the Wren Dale Golf Course and on the Hershey Trust board. Hershey Foundation and the Hershey Cemetery Perpetual Care Trust. One of Hershey Trust Companys most important roles is being a prudent steward of the land acquired by Milton Hershey while honoring his vision for a community featuring open green space. During that time, she was the longest serving president, and only president to be elected twice, of the National Association of Insurance Commissioners and has board experience on Fortune 100 and public company boards. LeRoy S. Zimmerman, the chairman of the Hershey Trust board, said the charity, which manages the company's assets on behalf of the Milton Hershey School, a school in Hershey, Pa., for . Harold holds an M.B.A. in finance from the University of Chicago, a Bachelor of Science in chemical engineering from the Illinois Institute of Technology and is a chartered financial analyst. The MS Hershey Foundation Board of Managers are chosen from the Trust Company's board. Cision Distribution 888-776-0942 Earlier in his career, Harold was executive director at UBS Global Asset Management. The Managers are responsible for the long-term sustainability of Milton Hershey School and making decisions about Trust assets. Though the chocolate factory began operations during the summer of 1905, little else was operating in town. As a result of the February 2023 Stock Purchase Agreement with Hershey Trust Company , as trustee for the School Trust , the July 2018 share repurchase authorization was completed and as of April 2, 2023 , approximately $370 million remained . This fund, created with the remainder of his estate, helped relieve the tax burden of maintaining the Townships public schools. Committees & Charters | The Hershey Company Professional Experience: Boards of Hershey Trust Company and Milton Hershey School Elect Three His leadership roles at Hershey have included Chief Talent Officer and Vice President, HR Business Partner of Global Functions as well as Senior Director, HR Business Partner of Global Supply Chain. Senior Vice President, National Geographic Society During his career, Jason has received a variety of honors, including Ernst & Youngs Entrepreneur of the Year, the Pittsburgh Technology Councils CEO of the Year and the Milton Hershey School Alumnus of the Year. At that time, Hershey Chocolate Company consisted not only of the Chocolate factory, but all of the Hershey enterprises including the Hershey Improvement Company, the Hershey utilities (water, sewer, electric, phone), the Hershey Transit Company, the Hershey Department Store, the Greenhouse and Nursery, and the Hershey Inn. Jason later built Direct Response Technologies, Inc., an affiliate tracking platform which scaled to 12 billion monthly transactions. 1991, as well as the Chairman of The Hershey Company Board of Directors. Education: The Hershey Trust Company (HTC) Board of Directors and the Milton Hershey School (MHS) Board of Managers announced today the recent election of three new Directors/Managers: Michelle Figlar . The Foundation then entered a period of assuming ownership of many of the communitys cultural organizations. Any Director of the Trust Company who also serves as a Director of The Hershey Company or Hershey Entertainment and Resorts Company may not receive more than $80,000 for their Trust Board service. Did you know that Super Bowl contenders, the Philadelphia Eagles, conducted their summer training camp in Hershey several summers from 1951-1967? Pennsylvania Secretary of General Services Prior to joining Sleep Number in 2005, Ms. Schoppert led U.S. Banks Private Asset Management team and served as its Head of Product, Marketing and Corporate Development. New staff was added to invest and manage monies realized from the sale of Hershey Foods stock. Hershey Trust Company - Wikipedia Boards of Hershey Trust Company and Milton Hershey School Elect Three About the Hershey Trust Company Founded in 1905, the Hershey Trust Company is a state-chartered trust company with over a hundred years of strength, heritage, and stability. The building was designed byC. Emlen Urban, a noted Lancaster architect. During his time at Lincoln Financial Group, he lived in the Philadelphia area and served on the board of directors of the Urban League of Philadelphia. Appointed: Director 2023 Hershey Foundation as the conduit for a $50 million gift from the Milton Hershey School Trust to Pennsylvania State University for a medical school and teaching hospital known asThe Milton S. Hershey Medical Center. Mr. Crawford contributes to the Board through his broad range of experience in digital transformation, fast moving consumer goods, logistics and supply chain management, as well as his valuable insights in emerging markets, consumer retail and finance. Hershey Foods FIN MGT CASE.docx - Course Hero B.A., Political Science, Stanford University, Appointed: Director 2018 Professional Experience: Highlights: Mr. Robbin-Coker is Co-Founder and Chief Executive Officer of Carry1st, the leading venture-backed publisher of social games and interactive content in Africa. Located in The Hershey Story 63 West Chocolate Avenue Hershey, Pennsylvania 17033. Partner and Head of M&A for the West Region, Goldman Sachs The building design incorporated Renaissance style elements and was constructed of marble and brick on a granite foundation. Ms. Kraus is an alumna of Milton Hershey School, having graduated as valedictorian in 1989, and is a recipient of the Milton Hershey School Alumni Career Award. Read important MHS policies on equal opportunity and diversity, equal employment opportunity, and more. Hershey Chocolate Company, the Hershey Trust Company, the Milton Hershey School, and the community of Derry Township all enjoyed a cozy, albeit fragile union while . At the heart of the fertile land of Limagne and the pastures of the Massif Central, the Clermont-Auvergne-Rhne-Alpes Centre is one of the institute's historic sites, with cutting-edge research in key sectors of agriculture, environment and food: preventive human nutrition, cereals, product quality, territories, livestock farming, robotics applied to agriculture, tree functioning, etc. For information about the Hershey Cemetery, visit their website at www.hersheycemetery.com. Our Leadership | The Hershey Company Jason Wolfe enrolled at Milton Hershey School at the age of 11. He brings significant strength in the areas of education and child development. Qualifications, Attributes and Skills: Ms. Koken is Chairman of the Board of Hershey Trust Company and Milton Hershey School, positions she has held since December 2020. Prior to joining Tech Data, Mr. Dutkowsky served as President, Chief Executive Officer and Chairman of two software companies, Egenera, Inc. and J.D. Director since May 2017. Founded 2,000 years ago, Lyon's streets are a living museum, with beautiful historical buildings and interesting art galleries and museums. Prior to joining Salesforce, he spent 32 years at United Parcel Service, Inc. (UPS), a multinational package delivery and supply chain management company, where he held a succession of leadership positions, including serving as Chief Information Officer and Engineering Officer from April 2017 to March 2022. A two-tier stock plan enabled Hershey Trust Company to maintain majority ownership of Milton Hersheys company while freeing assets to diversify the School Trusts holdings. At about the same time, in an unrelated investigation, John Estey, former chief of staff to Governor Ed Rendell and a high-ranking executive of the company, was charged with wire fraud, having pocketed $13,000 that an FBI sting operation had given to him in an investigation into illegal lobbying of legislators.[13][14]. That year Milton Hershey quietly gifted the School Trust with all of his Hershey Chocolate Company stock, then valued at $60 million. Hershey Trust Company Posted September 5, 2018. . Thanks to a historic gift by M.H.S.'s founder, the Hershey Trust Company has an endowment of $12.3 billion and an ownership stake in Hershey Company, giving it control of the candy dynasty . That all changed in 1918. Having spent most of his career in the consumer-packaged goods industry, Mr. Palmer contributes to the Board through his insight in several key strategic areas for the Company, including fast-moving consumer-packaged goods, emerging markets, marketing and human resources. He previously served for 27 years as the executive director of the Robin Hood Foundation, New York Citys largest poverty-fighting organization. With the establishment of the Hershey Bank, the Trust Company could now focus its efforts on trust and related businesses. Mr. Brown is a director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School, positions he has held since February 2016. She serves on the Boards of the Educational Testing Service, the DC Public Education Fund, Fight for Children, the Virginia Institute of Marine Science (VIMS) Foundation, the Gladstone Companies, and DC Prep Public Charter School. His familiarity with policy and government operations, as well as his experience as an investor in, and director of, both public and private companies, make him an important addition to the Board on matters of finance, government relations, strategy and risk management. As Vice Chair of the Boards, Ms. Kraus is proud to advance the legacy of Milton and Catherine Hershey. The Hershey Trust Company is an American corporation incorporated on April 28, 1905, by Milton S. Hershey, Harry Lebkicher and John E. Snyder. Pay Rank By Title In MFG Nondurable industry. Board of Directors - Hershey Trust - Founded in 1905 by Milton S. Hershey As one of three representatives of Hershey Trust Company and Milton Hershey School currently serving on the Board. In 1935, Milton Hershey establishedThe M.S. The Hershey Trust . Issue: June 2016. This is important because the snack food company . She currently serves on the Board of Directors of FTAC Athena Acquisition Corp. (NASDAQ: FTAA), a SPAC, since February 2021, and Nuvei Corporation (TSX: NVEI and NVEI.U), a global payment technology provider, since August 2020. . Professional Experience: As the trustee of most of Derry Townships undeveloped land,Hershey Trust Companyis committed to limited development, maintaining most of its holdings as farmland and open space. Being one of 11 members1 of the board of directors for the Hershey Company, she had just received a presentation from snack food company Mondelez regarding a . IN RE: MILTON HERSHEY SCHOOL and Hershey Trust Company | FindLaw A.B., Economics, Dartmouth College, Appointed: Director 2016, Chair 2021, 2022 During the Great Depression Milton Hershey realized that young men and women just graduating from high school had limited opportunities for employment. He previously served as Vice President and Chief Operating Officer and held other leadership positions in the Entertainment division . We grew . Board member sues powerful Hershey School, claims he's being denied She holds leadership positions on several boards and earned a bachelors degree in child development from the University of Pittsburgh and a masters degree in early childhood education from Kent State University. There are a few stories that may be of interest to those of you who love Hershey history: A great story that involves Hershey history and the Philadelphia Eagles. "I am honored to serve the Boards at this historic time and privileged to work with such committed Board members that are focused on fulfilling and furthering the mission of Milton Hershey School and its founders, Milton and Catherine Hershey," said Diane Koken. Hershey Foundation, 2018 Hershey Community Archives | Terms of Use | Designed by Triple Strength.
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