Business Services Industry
Hershey Foods Searches for CEO Successor.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, November, 2000 by Sulon, Bill
Nov. 16--Hershey Foods Corp. is searching for a successor to Chief Executive Officer Kenneth L. Wolfe, who will reach the company's traditional retirement age of 62 in February.
The Wall Street Journal reported Wednesday that the candymaker began its search six weeks ago and is primarily looking at candidates outside the company.
Michael E. Pasquale, who was named executive vice president and chief operating officer in February, had been viewed by analysts as Wolfe's heir apparent, but the Journal, quoting an unidentified source, said Pasquale "isn't expected to land the CEO job."
According to an anonymous letter sent in a Hershey Foods company envelope to The Patriot-News, the search for "an outsider" to replace Wolfe began around August....
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
