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Hershey names CEO as chairman

The Hershey Co. on Oct. 14 named President and CEO Michele Buck as chairman of the board, effective immediately.

Buck replaces Chuck Davis, who will reassume the role of lead independent director. Davis, who previously was president and CEO, took on the chairman role in May 2018.

"The combination of the offices of CEO and chairman of the board underscores the board's confidence in Hershey, the existing management team and Buck," the company said.