Q&A: Robert Cavanaugh, chairman of Hershey Trust Co. and Milton Hershey He was a man of action. The Hershey Trust Company, then owned by Mr. Hershey, was and still is the trustee of the School Trust and, as directed in the trust deed, the members of the Board of Directors of the Hershey Trust Company also serve as the Board of Managers of the School. 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. 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 . "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. Mr. Malcolm is the former President, Global Marketing, Sales & Innovation, of Diageo PLC, a leading premium drinks company, a position he held from June 2002 until his retirement in December 2008. And in keeping with the tradition of other local financial institutions, the original board of directors was comprised of respected local business and community leaders. He received his B.S. As part of the Foundation, these cultural institutions gained non-profit status, enabling them to accept donations and apply for grants. 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. Please contact us for more information. Lenny was livid, "We had a deal. As Vice Chair of the Boards, Ms. Kraus is proud to advance the legacy of Milton and Catherine Hershey. The Depression of the 1930s was a time of significant financial hardship for all of the United States. He also serves on the Board of Directors of the Hershey Trust Company. Prior to those roles, Mr. Perez served as UPS Vice President of Technology and as Vice President, Engineering. Prior to that, he was managing director/head of asset management companies and simultaneously global head of retail and intermediary sales at PineBridge Investments. As Chairman of the Board, President and Chief Executive Officer of the Company, a position she has held since October 2019, Ms. Buck is responsible for all day-to-day global operations and commercial activities of the Company. Ms. Marsh is currently a director of the Pittsburgh Foundation and vice chair of its investment committee, and she is a member of the investment committees for the boards of the Claude Worthington Benedum Foundation and the Pittsburgh Symphony Orchestra. Located in The Hershey Story 63 West Chocolate Avenue Hershey, Pennsylvania 17033. Did you know that Super Bowl contenders, the Philadelphia Eagles, conducted their summer training camp in Hershey several summers from 1951-1967? When Catherine and Milton Hershey created the Deed of Trust establishing the Hershey Industrial School (now Milton Hershey School), Hershey Trust Company was appointed trustee for the School. Chief Financial Officer, Wedgewood Pharmacy Her presence in the boardroom also ensures efficient communication between the Board and Company management. 2023 Hershey Trust Company 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445, 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445. The Hershey Company - Deal Point Data The new Vice Chair of the Boards is Maria Trinh Kraus, a 1989 graduate of Milton Hershey School. Cision Distribution 888-776-0942 The Hershey Trust . Co-Founder and Chief Executive Officer, Carry1st He has significant experience in finance, private equity and venture capital, having previously served as a partner in SCP Private Equity Partners, a diversified, multi-stage venture capital firm. For information about the Milton Hershey School, visit their website at www.mhskids.org. Hershey Trusts mortgage business was more than a financial transaction. Hershey Trust Companys decision to actively seek private trust business grew out of changes resulting from the 1984 restructuring of Hershey Foods (now The HersheyCompany)stock. She previously served as the vice president of learning at The Heinz Endowments and the deputy secretary of the Pennsylvania Office of Child Development and Early Learning where she helped set policy and practice for publicly funded early childhood education throughout the state. #24 View more. New staff was added to invest and manage monies realized from the sale of Hershey Foods stock. From its beginning, the Trust Company was instrumental in the growth and development of the town, advertising mortgages that encouraged people to build a home in the new community. https://hersheyarchives.org/encyclopedia/. Below is a brief overview of the newly elected Directors/Managers: "We look forward to bringing these new talents onto our Boards as we continue to grow Milton Hershey School and Catherine Hershey Schools for Early Learning, while continuing the prudent management of the Milton Hershey School Trust," said Koken. Hershey Foundation and the Hershey Cemetery Perpetual Care Maintenance Trust and focuses its business solely on these trusts, to advance the legacy of Milton and Catherine Hershey in perpetuity through excellence in asset management and trust administration. "We are united in upholding the Hersheys' vision for the school and, with our collective expertise, will be able to guide and advise the school in creating greater impact on a growing number of children through its programs and offerings.". M.P.P.M, Yale School of Management By 1981, Hershey Trusts ownership of Hershey Foods Corporation had shrunk to 50.1%. Jason was chairman of the Pittsburgh Technology Council and serves on the board of Family Design Resources, which provides adoption/foster services for needy children. SEC Filing | The Hershey Company - Notified Hershey Trust holds 58,112K shares representing 28.44% ownership of the company. Boards Of Hershey Trust Company And Milton Hershey School Announce Jason Wolfe enrolled at Milton Hershey School at the age of 11. www.sec.gov "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.
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