01—Abstract
Summary
Summary of the 8-K filed June 9, 2026. Cited figures are marked; the original filing is the authoritative source.
The Hershey Company (HSY) filed a Current Report on Form 8-K dated June 9, 2026, disclosing a board appointment under Item 5.02.
On June 3, 2026, the Board of Directors, acting on the recommendation of its Governance Committee, appointed Joe Park as a director, effective June 29, 2026. Mr. Park will serve on the Audit and Finance and Risk Management Committees of the Board. Mr. Park is currently Executive Vice President and Chief Digital and Information Officer at State Farm, responsible for technology, data, and innovation.
The filing describes his prior roles at Yum! Brands, including Chief Digital and Technology Officer and President of Byte by Yum!, an AI-driven restaurant technology platform, and Chief Innovation Officer, as well as earlier service as Vice President, Associate Digital Experience and Enterprise Architecture at Walmart. The Board has determined he 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. Mr. Park will receive compensation under the Company's non-employee director compensation program, as described in the proxy statement for the 2026 Annual Meeting of Stockholders filed March 25, 2026. The only listed exhibit is the Cover Page Interactive Data File (Exhibit 104).
02—Key points
Key Highlights
- Joe Park appointed to The Hershey Company's Board of Directors by the Board on June 3, 2026, effective June 29, 2026
- Mr. Park will serve on the Audit and Finance and Risk Management Committees
- Board determined Mr. Park is independent under New York Stock Exchange listing standards
- Mr. Park currently serves as Executive Vice President and Chief Digital and Information Officer at State Farm
- Prior experience includes senior digital and technology leadership roles at Yum! Brands and an early role at Walmart
- No related-person transactions requiring disclosure under Item 404(a) of Regulation S-K arising from the appointment
- Compensation follows the non-employee director program described in the March 25, 2026 proxy statement
03—Questions
Frequently Asked Questions
Who was appointed to The Hershey Company's Board of Directors?
The Board appointed Joe Park, effective June 29, 2026, upon the recommendation of the Governance Committee.
What committees will Joe Park serve on?
Mr. Park will serve as a member of the Audit and Finance and Risk Management Committees of the Board.
What is Joe Park's professional background?
He has over 20 years of experience leading digital transformation, technology strategy, and innovation. He is currently Executive Vice President and Chief Digital and Information Officer at State Farm. Previously he held senior roles at Yum! Brands, including Chief Digital and Technology Officer and President of Byte by Yum!, and was Chief Innovation Officer, and he earlier served as Vice President at Walmart.
Is Joe Park considered independent?
Yes. The Board has determined that Mr. Park qualifies as an independent director under the New York Stock Exchange listing standards.
How will Joe Park be compensated?
He will be compensated under the Company's non-employee director compensation program, as described in the proxy statement for the 2026 Annual Meeting of Stockholders filed on March 25, 2026.
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