Michele Buck, a 20-year veteran of Hershey who assumed leadership in 2017, said she would step down from her roles as president and chief executive on June 30, 2026.

Hershey (NYSE:HSY) will announce that Chief Executive Michelle Buck will depart the snack foods company, Semafor reported Friday, citing people familiar with the matter. According to the report, Buck will remain in the post and on the board until a successor is found,

Hershey Co. is poised to announce a leadership transition plan with Chief Executive Officer Michele Buck stepping down in mid-2026, according to a person familiar with the matter. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionA Blueprint for Better Bike LanesNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeBuck,

Hershey Co. is poised to announce a leadership transition plan, with Chief Executive Officer Michele Buck stepping down next year, Semafor reported, citing people familiar with the matter.

(Reuters) -Chocolate maker Hershey plans to announce the departure of CEO Michele Buck, Semafor reported on Friday, citing people familiar with the matter Buck, who has led the company since 2017, will continue in her role and remain on the board while the company searches for her replacement,