By Josh Beckerman
Hershey Co., which said in September that Chief Financial
Officer David W. Tacka was retiring, on Thursday named Patricia A.
Little to succeed him, effective March 16.
Ms. Little is chief financial officer of staffing company Kelly
Services Inc. She joined Kelly Services in 2008 after 24 years at
Ford Motor Co.
Meanwhile, Kelly Services said its corporate controller and
chief accounting officer, Olivier Thirot, will be acting chief
financial officer.
In January, Hershey said it would buy beef jerky companyKrave
Pure Foods Inc. Hershey has had sluggish sales in certain U.S.
stores and international markets, on top of rising costs for
ingredients such as dairy and cocoa. The company projected 2015
earnings below Wall Street estimates in January and reaffirmed the
outlook this month.
Hershey Co. said last week that it would transition to using
simpler and fresher ingredients in products such as Hershey's
Kisses, a move that comes after a similar announcement by rival
Nestlé SA.
Write to Josh Beckerman at josh.beckerman@wsj.com
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