Hershey Foods Corp. Seeks New CEO

greenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread

HERSHEY, Pa. (AP) - Hershey Foods Corp.
is looking for a new chief executive.

. . .

He came under fire last year as Hershey
Foods struggled with a new computerized
distribution system and failed to fulfill
all of its orders for holiday candy. Many
stores ran short of Hershey brands including
Milk Duds, Kit Kats and Twizzlers.

The new, $112 million distribution system
was designed in part to help the company
avoid Year 2000 computer problems. But
glitches hampered delivery to retailers,
resulting in disappointing sales and earnings
last year.

Tampa Bay Online

-- spider (spider0@usa.net), November 15, 2000


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