01—Abstract
Summary
Summary of the 8-K filed August 4, 2025. Cited figures are marked; the original filing is the authoritative source.
The Hershey Company (HSY) filed a Form 8-K on August 4, 2025 under Item 5.02 to report the appointment of Chris Brandt to its Board of Directors.
The Board, acting on the recommendation of its Governance Committee, appointed Mr. Brandt on July 30, 2025, effective August 11, 2025. He will serve on the Compensation and Human Capital Committee and the Finance and Risk Management Committee. Mr. Brandt has more than 25 years of marketing experience in the food and beverage industry.
He is currently President, Chief Brand Officer of Chipotle Mexican Grill, where he oversees all marketing, including creative, media, culinary innovation, social, loyalty and analytics, as well as new restaurant development. Previously he was Executive Vice President and Chief Brand Officer of Bloomin' Brands, Inc., and Chief Brand Officer of Taco Bell, a subsidiary of Yum! Brands, Inc. The Board has determined that Mr. Brandt is independent under New York Stock Exchange listing standards.
The filing states there is no arrangement or understanding under which he was selected as a director and no related-person transactions requiring disclosure under Item 404(a) of Regulation S-K. He will receive compensation under the Company's non-employee director compensation program, as described in the proxy statement for the 2025 Annual Meeting of Stockholders filed March 26, 2025. The filing's only exhibit is the Cover Page Interactive Data File (Exhibit 104).
02—Key points
Key Highlights
- Chris Brandt appointed to The Hershey Company's Board of Directors on July 30, 2025, effective August 11, 2025
- Brandt joins the Compensation and Human Capital Committee and the Finance and Risk Management Committee
- Brandt currently serves as President, Chief Brand Officer of Chipotle Mexican Grill and has over 25 years of food and beverage marketing experience
- Prior roles include Executive Vice President and Chief Brand Officer at Bloomin' Brands, Inc. and Chief Brand Officer at Taco Bell, a subsidiary of Yum! Brands, Inc.
- The Board determined Brandt qualifies as an independent director under NYSE listing standards
- No related-person transactions under Item 404(a) of Regulation S-K are required to be disclosed in connection with the appointment
- Compensation will follow the non-employee director program described in the 2025 proxy statement filed March 26, 2025
03—Questions
Frequently Asked Questions
Who is Chris Brandt and what is his background?
Chris Brandt is President, Chief Brand Officer of Chipotle Mexican Grill, where he leads all marketing, including creative, media, culinary innovation, social, loyalty and analytics, and new restaurant development. He has more than 25 years of marketing experience in food and beverage, including earlier roles as Executive Vice President and Chief Brand Officer at Bloomin' Brands, Inc. and Chief Brand Officer at Taco Bell.
When does Brandt's board appointment take effect?
The Board appointed him on July 30, 2025, and the appointment is effective August 11, 2025.
Which Board committees will Brandt serve on?
He will serve on the Compensation and Human Capital Committee and the Finance and Risk Management Committee.
Is Brandt considered independent, and are there any related-party concerns?
The Board has determined that Brandt qualifies as an independent director under NYSE listing standards. The filing states there is no arrangement or understanding under which he was selected as a director, and no transactions requiring disclosure under Item 404(a) of Regulation S-K arising from his appointment.
How will Brandt be compensated for his Board service?
He will be compensated under the Company's non-employee director compensation program, as described in the proxy statement for the 2025 Annual Meeting of Stockholders filed with the SEC on March 26, 2025.
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