Business

Hershey CEO exit means Fortune 500 loses a female CEO

– Sweet and sour. Fortune 500 will be close to CEOs after Hershey Declare Yesterday, this leader will be delivered for a long time, Michelle Pak, the reins of the chocolate maker on August 18, at a value of $ 11.2 billion.

Back had already announced Her pension plansBut raising the schedule for about a year. Behind her is Kirk Tanner, a Bibsio who turned into Windy who led a fast food chain with brands from Spongebob to Takis.

When 2025 Fortune 500 was published a month ago, 55 companies on the list It was led by executive chiefs. Back was one of this group. I have led Hershey since 2017. I have excelled well Average From the leader of the wealth of 500, which has been hoping for about four years for a decade. (For men, it is seven – which Pak dominated.)

But Back said, to everyone Wall Street JournalShe remained in the position of CEO Long longer than I plannedAfter her council asked her. In recent months on the job, I dealt with a difficult environment for candy makers, from the high prices of cocoa to slowing the spending on consumers to “making America healthy again” criticism Synthetic dyes and processed foods.

In Fortune 500, women still run more than 10 % of companies, if not completely 11 % of the statistics that amounted to June. The 71 -year -old ranked from the largest companies in America has crossed the first 10 % sign of executives in 2023. The retirement of the CEO is hardly a problem for large executive managers, but when dealing with small numbers or each employment or exit. Hershey had searched for a Back alternative and went with an external candidate. This is where men seem to have an advantage – between 2024 and 2025, no executives have been appointed to Fortune 500 jobs, which are promoted only from the inside.

Emma Hinchelv
whatever.Henchev@Fortune.com

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Also in the main headlines

International Criminal Court fees. The International Criminal Court (ICC) in The Hague issued arrest orders for both Taliban leader and head of the Supreme Court in Afghanistan, on charges of persecution of women and girls since he returned to power in 2021. Associated Press

No ice raids. Los Angeles mayor Karen Bass criticized the latest migration enforcement survey in the Trump administration, which occurred in Mac Arthur in the Witkelik area in the city on Monday. Ice officers moved on horseback from the end of the garden to the other. “For me, this is another example of the administration that escalates chaos by spreading something similar to a military operation in an American city,” Bass said. CBS news

No more NDAS. UK leaders in the Kingdom are scheduled to add a ruling on employee rights legislation that would prevent the use of inconvenience agreements by employers to silence the victims of harassment at the workplace. The legislation will invalidate the current NDAs that companies use for this purpose and allow witnesses to speak without the risk of legal strength. Bloomberg

– Another axis. Weightwatches appeared from bankruptcy and announced a new program designed to support women who are going through menopause. The program is scheduled to be launched later this year, and will provide resources for women during the menopause, menopause, and menopause. Marketwatch

Victims and condolences

CONGA, the revenue process platform, was appointed Celia Fleisker As a new marketing head for her. I recently worked as CMO in isolation.

ENGENE, a It was promoted on the clinical, non -viral stage of immunotherapy, Back generation To the chief development officers. She recently held the position of first vice president for clinical development operations in the company.

UNIUNI, a delivery company in the last mile, has announced its appointment Sheila Perry As a large revenue employee. The world’s logistical product partnerships have recently led in Shopify.

Saint Thomas University has been appointed Dr. Cinda K. Vanderbol As head of the tenth institution. She was recently pResident and Vice President of St. Mary University.

Weidner Apartment Homes, a real estate company, investment and property management, has been appointed Luna Torchia The company’s executive leadership team. She is currently working as CEO.

On my radar

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Melinda French Gates reveals that she refuses to finance her new daughter Gen Z – although the value of approximately $ 31 billion luck

Meet Wall Street women Bloomberg

Words of separation

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2025-07-09 12:58:00

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