Professional Experience: M.M., Kellogg Graduate School of Management, Northwestern University Chief of Staff to U.S. 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 . M.B.A., Columbia Business School 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. Education: The Hershey Trust Company announced their successors on November 1 1 . When typing in this field, a list of search results will appear and be automatically updated as you type. It's a non-profit organization set up by the company's founders. Founded 2,000 years ago, Lyon's streets are a living museum, with beautiful historical buildings and interesting art galleries and museums. In May 2021, our Board of Directors approved an additional $500 million share repurchase authorization. After the closure of the Junior College, the Foundations role broadened with its support of the Hershey Educational and Cultural Center first established in May 1966. The Hershey trust, and why chocolate philanthropy can leave a sour He currently serves on the corporate board of directors at WisdomTree, Inc. He was initially recommended for nomination to the Board by the Milton Hershey School Trust in 2003. For more information, visit mhskids.org. Therefore, to free the Trust Company for its duties as Trustee of the School Trust, the Hershey National Bank, a nationally chartered institution, was established in 1925 to handle the towns commercial banking needs. Ms. Kraus brings extensive financial expertise along with her many years of business management, corporate and board governance to the Boards. Professional Experience: We grew . Hershey Trust Company quickly became the town's financial center, playing an important role in financing Milton Hershey . Hershey Trust holds 58,112K shares representing 28.44% ownership of the company. This year we won the Business Times Fastest Growing company. Professional Experience: Education: Management of the Milton Hershey School Trust was so good that income generated often outpaced the Schools needs. The list of best things to do in Auvergne-Rhne-Alpes includes sightseeing, pretty towns, history, and natural wonders! Ms. Koken served as a previous president of the National Association of Insurance Commissioners. Boards of Hershey Trust Company and Milton Hershey School Elect Three She began her career in the airline industry, serving in various financial, strategic and general management leadership positions at American Airlines, Northwest Airlines and America West Airlines. Boards of Hershey Trust Company and Milton Hershey School Elect Three Gipsa-lab is a CNRS research unit joint with Grenoble-INP (Grenoble Institute of Technology), Universit Joseph Fourier and Universit Stendhal. Hershey Trust Company quickly became the towns financial center, playing an important role in financing Milton Hersheys construction and development plans. Prior to those roles, Mr. Perez served as UPS Vice President of Technology and as Vice President, Engineering. www.sec.gov The directors of the Hershey School oversee an educational facility in central Pennsylvania for impoverished children, but you might not know it from their expense reports. 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 . Highlights: Ms. Marsh is the former Chief Investment Officer and Treasurer of the University of Pittsburgh where she was responsible for managing the financial assets and liabilities of the University and its endowment. 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. Hershey Foundation and the Hershey Cemetery Perpetual Care Trust. Having previously served as a partner in Goldman Sachs Group, Inc., a multinational investment bank, he also contributes to the Board through his extensive experience in corporate financial matters and merger and acquisition transactions, which assists the Board in overseeing the Companys financial stewardship and transformation into an innovative snacking powerhouse. Prior to that, she was executive director of the Pittsburgh Association for the Education of Young Children. HERSHEY, Pa., Dec. 11, 2020 /PRNewswire/ -- The Hershey Trust Company Board of Directors and the Milton Hershey School Board of Managers announced the election of Diane Koken as Chairman and Maria . Professional Experience: With the establishment of the Hershey Bank, the Trust Company could now focus its efforts on trust and related businesses. She previously served the Company in a variety of executive roles, including as President and Chief Executive Officer from March 2017 to October 2019 and as Executive Vice President and Chief Operating Officer from June 2016 to March 2017. Legal/Regulatory Consultant Ms. Bergen has served on numerous community, philanthropic, and health care related boards, and currently serves on several non-profit boards as well as a corporate board and the prestigious American Hospital Association Foster G. McGaw Prize Committee. Along with being one of 11 members of the board of directors for the Hershey Company, Layla Dylan was also a member of the board of the Hershey Trust Company. 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, Harold Singleton III, and Jason Wolfe. During the early years, Milton Hershey paid for many of the schools expenses out of his own pocket. Highlights: Ms. Kraus has more than 25 years of experience and leadership in finance, strategy, and corporate development. The company provides financial planning and administrative solutions to . 1991, as well as the Chairman of The Hershey Company Board of Directors. Available rental properties offered by Hershey Trust Company, can be found at www.htcrealestate.com. Jason later built Direct Response Technologies, Inc., an affiliate tracking platform which scaled to 12 billion monthly transactions. "Assuming this Board position and supporting the school that gave me so much as a student is truly humbling," said Maria Trinh Kraus. Ms. English has had a lifelong commitment to improving educational opportunities for the underserved. B.A., Communication, Lynn University, Appointed: Director 2019 The new issue of The Legacy is out! Most notably, he created GiftCards.com, which is the largest gift card website in the world generating more than $1 billion per year in sales. Founding Managing Director, The Eli and Edythe Broad Foundation A published brochure advertised a wide scope of banking services. I am grateful each day that I have the privilege to give back to the school that gave me everything. The charts on this page feature a breakdown of the total annual pay for the top executives at HERSHEY CO as reported in their proxy statements. She has also served as director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School since December 2015. Ms. Koken is Chairman of the Board of Hershey Trust Company and Milton Hershey School, positions she has held since December 2020. The Foundation then entered a period of assuming ownership of many of the communitys cultural organizations. Senior Vice President, Business Development, General Electric Appointed: Director 2023 Chief Schools Officer, KIPP Jacksonville Schools She has also served as director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School since December 2015. Best Things to Do in Auvergne Rhne-Alpes, France It serves as the Trustee for the Milton Hershey School Trust, the M.S. Lyon is France's third-largest city and a major tourist destination. Throughout the Depression, Hershey Trust Company only foreclosed on two Hershey mortgages. The Depression of the 1930s was a time of significant financial hardship for all of the United States. Hershey stipulated that those assets were to be managed by the Hershey Trust, part of a for-profit bank, and he retained a significant measure of control over the school's operations by reserving to the bank the right to appoint its board members. Robert Vowler is a business advisor and experienced board member based in Pennsylvania. Hershey Trust Company is a money management firm based in Hershey, Pennsylvania. Hershey said on April 25, 2023 that its board of directors declared a regular quarterly dividend of $1.04 per share ($4.14 annualized). In simple terms, the bank controlled the school's assets and operations, and Hershey owned the . "Michelle brings a lifetime of experience and commitment to early childhood education which will be crucial in the launch of Catherine Hershey Schools for Early Learning. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Mr. Robbin-Coker brings to the Boards his expertise in corporate governance, institutional investing, and financial control; coupled with an unwavering commitment to the mission of Milton and Catherine Hershey. Her presence in the boardroom also ensures efficient communication between the Board and Company management. Prior to that position, Mr. Malcolm spent 24 years at The Procter & Gamble Company in various leadership positions, including as Vice President General Manager Beverages, Europe, Middle East and Africa, and Vice President General Manager, Arabian Peninsula. Mr. Robbin-Coker is an alumnus of Milton Hershey School, having graduated as valedictorian in 2004, and is a recipient of the 2009 Alumni Achievement Award for Academic Excellence.Professional Experience: He previously served as Chief Executive Officer of Tech Data from October 2006 to June 2018, including as Chairman of the Board from June 2017 until his appointment as Executive Chairman in June 2018. "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.". It has no retail banking products, and its directors, who are paid at least $112,000 a year, are the same individuals as the school's board. Hershey Trust Companys move to High Point in 1991 provided them with much needed spacefor their expanded staff. Wrigley Jr. Company, including as Group Vice President and Managing Director, North America. Ms. Arway is the former President, Japan/Asia Pacific/Australia Region, of American Express International, Inc., a global payments, network and travel company, a position she held from October 2005 until her retirement in January 2008. 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. Corporate Governance in the Hershey Company - GraduateWay Mr. Katzmans professional expertise and personal commitment to the mission brings exceptional value to the Boards. 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. Hershey created a deed of trust establishing a trust fund for the school. They are the final arbiter of all major decisions made by the firm (Thomson and Canyon, 2012, p. 142). Education: Rising costs, an inadequate facility and the establishment of the Harrisburg Area Community College led to the closing of the Hershey Junior College in 1965. Brett spoke with playwright and former Philadelphia sports broadcaster Ray Didinger about the show a Did you know the Philadelphia Eagles held their training camp in Hershey from 1957-1964? With Milton Hersheys gift, the Trust Company needed to direct more of its efforts toward the management of the School Trusts assets. In particular, the Trust Company assumed responsibility for Milton Hersheys land assets, by then more than 10,000 acres of land in and around Hershey as well as his other financial investments. He currently serves on the corporate board of directors at WisdomTree, Inc. Senior Engagement Manager, McKinsey & Company Ms. Arway held multiple leadership positions during her 21-year career with American Express Company, Inc. and its subsidiaries, including as Chief Executive Officer, American Express Australia Ltd., and as Executive Vice President and General Manager, Corporate Travel North America. Founded in 1905 by Milton S. Hershey, Hershey Trust Company is a Pennsylvania-chartered trust company regulated by the PA Department of Banking and Securities. "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. Vice President, Corporate Planning and Business Development, Marriott Corporation Edwards & Co., Inc. Having spent most of his career in the technology industry, Mr. Dutkowsky brings to the Board broad operational experience and a deep understanding of the technology industry and how technology and digital capabilities drive growth and resiliency. As a child, sports media icon Ray Didinger carried star receiver Tommy McDonald's helmet to and from the practice field.
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