Highlights: Mr. Katzir recently completed seven years as the Chief Executive Officer of Alliance College-Ready Public Schools, a nonprofit public charter school network that serves 12,500 low-income students and supports 18,000 alumni across 26 public charter schools in Los Angeles, California. Professional Experience: Under the terms of the Agreement, the Milton Hershey School Trust will sell to the Company on a weekly basis during the Term the number of shares of Common Stock equal to the product of the aggregate number of shares of Common Stock the Company has purchased on the open market from persons other than the Milton Hershey School Trust during the preceding calendar week (the "Prior Week Shares . The Trust Company continued to maintain offices in the Bank/Trust building at the corner of Chocolate and Cocoa Avenues. Management of the Milton Hershey School Trust was so good that income generated often outpaced the Schools needs. IN RE: MILTON HERSHEY SCHOOL TRUST. (2002) | FindLaw Hershey Foundation and the Hershey Cemetery Perpetual Care Trust. Los Angeles Regional Director, Sylvan Learning Systems It manages the $13.751 billion USD (2015) endowment of the Milton Hershey School and School Trust.[2]. They would need comfortable homes, health and recreational facilities, and schools for their children. 2023 Hershey Trust Company 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445, 100 Mansion Road East PO Box 445, Hershey PA, 17033-0445. Ms Koken is passionate about the mission of the Milton Hershey School and is focused on fulfilling and furthering the mission and legacy of its founders, Milton and Catherine Hershey. New staff was added to invest and manage monies realized from the sale of Hershey Foods stock. Prior to that, he was managing director/head of asset management companies and simultaneously global head of retail and intermediary sales at PineBridge Investments. . B.A., Brown University. Education: HERSHEY, Pa., Jan. 9, 2023 /PRNewswire/ -- The Hershey Trust Company (HTC) Board of Directors and the Milton Hershey School (MHS) Board of Managers announced today the recent election of three new . Education Director, AMIKids-Day Treatment and Residential Programs HERSHEY, Pa.-- ( BUSINESS WIRE )--Hershey Trust Company today announced the sale of 4.5 million shares of The Hershey Company (HSY) common stock . Boards of Hershey Trust Company and Milton Hershey School Elect Three The Association is composed mostly of School graduates, though it includes honorary and . She holds leadership positions on several boards and earned a bachelors degree in child development from the University of Pittsburgh and a masters degree in early childhood education from Kent State University. Ms. Koken was appointed to the Hershey Trust Company Board of Directors and the Milton Hershey School Board of Managers in 2016 and has expertise in legal, regulatory matters, insurance, governance, and risk management. A.B., Economics, Dartmouth College, Appointed: Director 2016, Chair 2021, 2022 The original endowment was 486 acres of farmland including The Homestead, Milton Hersheys birthplace. Check out Tommy and Me!. A state charter was granted on April 27, 1905 and Hershey Trust Company opened for business on June 15, 1905 in offices located in the Cocoa House, the first commercial building built in the new community. For more than 15 years, Ms. Koken has also served as a legal/regulatory consultant. She previously served the Company in a variety of executive roles, including as President and Chief Executive Officer from March 2017 to October 2019 and as Executive Vice President and Chief Operating Officer from June 2016 to March 2017. Highlights: Mr. Katzman is Senior Vice President, Business Development for General Electric (GE). Derry Townships population boomed with the influx of Medical Center personnel and their families. MHS Class of 1987 Highlights: Ms. Kraus has more than 25 years of experience and leadership in finance, strategy, and corporate development. Having spent most of his career in the consumer-packaged goods industry, Mr. Palmer contributes to the Board through his insight in several key strategic areas for the Company, including fast-moving consumer-packaged goods, emerging markets, marketing and human resources. Rising costs, an inadequate facility and the establishment of the Harrisburg Area Community College led to the closing of the Hershey Junior College in 1965. Through his varied roles, he has developed a broad range of commercial, human resources, operational planning, logistics and technological expertise. B.S., Accounting, Pennsylvania State University, Appointed: Director 2019 J.D., University of Virginia School of Law In the ongoing series The Sweetest Thing, TODAY gets rare access to find out how the iconic Reese's Chocolate Peanut Butter Cups are made. Ms. Schoppert contributes to the Board through her extensive financial leadership experience, public company reporting expertise and retail experience across finance, IT, digital and marketing. She is a recipient of the Milton Hershey School Alumni Career Achievement Award. Prior to that, he was managing director/head of asset management companies and simultaneously global head of retail and intermediary sales at PineBridge Investments. Legal/Regulatory Consultant Hershey Community Archives was established in 1984 as a cooperative project of the Foundation and the Hershey enterprises. The company is a minority owner of The Hershey Company and sole private owner of Hershey Entertainment and Resorts Company and administrator of the 2,000 student Milton Hershey School. HERSHEY, Pa., Dec. 11, 2020 /PRNewswire/ -- The Hershey Trust Company Board of Directors and the Milton Hershey School Board of Managers announced the election of Diane Koken as Chairman. Q&A: Robert Cavanaugh, chairman of Hershey Trust Co. and Milton Hershey She contributes to the Board through her significant expertise in insurance, risk management and regulatory affairs, as well as her experience in legal operations and corporate governance. In 1938, the Foundation endowed the Hershey Junior College, offering tuition free higher education to all Derry Township residents and employees of the Hershey corporations. Prior to that, she was executive director of the Pittsburgh Association for the Education of Young Children. Joshua Shannon Email & Phone Number - The Vista.. | ZoomInfo The original staff for the Trust Company was modest, consisting of the cashier and a teller. Through his will, Milton Hershey directed that the Trust Company serve as trustee for a new trust fund. Mr. Katzman is a director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School, a position he has held since April 2017. Hershey Foods FIN MGT CASE.docx - Course Hero Previously, the company paid $1.04 per share. Senior Vice President, National Geographic Society Best Things to Do in Auvergne Rhne-Alpes, France At that time, Hershey Chocolate Company consisted not only of the Chocolate factory, but all of the Hershey enterprises including the Hershey Improvement Company, the Hershey utilities (water, sewer, electric, phone), the Hershey Transit Company, the Hershey Department Store, the Greenhouse and Nursery, and the Hershey Inn. The agreement comes after published reports that the trustees had spent more than $3.6 million in legal fees investigating whether two of . Ed.D., Education Policy and Leadership, Southern Methodist University Hershey School's board, despite orders to be frugal, runs up big Iron Mountain Incorporated (May 2014 to present), Bachelors degree in languages from Memorial University of Newfoundland, Masters of Business Administration degree from Queens University, Kingston, Ontario, Canada, FS Credit Real Estate Income Trust (December 2021 to present), FS Multi-Strategy Alternatives Fund/FS Series Trust (August 2017 to present), FS Investment Corporation III (February 2016 to December 2018), Juris Doctor degree from the University of Virginia Law School, New York Life Insurance Company (November 2013 to present), Bachelors degree from Shippensburg University of Pennsylvania, Masters of Business Administration degree from the University of North Carolina, Board of Trustees, National Urban League (October 2010 to present), Dave & Busters Entertainment, Inc. (August 2016 to June 2020), Bachelor of Science in accounting from Boston College, Pitney Bowes, Inc. (July 2018 to present), Raymond James Financial, Inc. (October 2018 to present), Tech Data Corporation (October 2006 to June 2020), Bachelor of Science in Industrial Labor Relations from Cornell University, Grocery Outlet Holding Corp. (November 2019 to present), Trustee of Equity Residential (July 2011 to present), Bob Evans Farms, Inc. (August 2012 to January 2018), Masters of Business Administration degree in marketing from the University of Michigan, Ross School of Business, Brinker International, Inc. (January 2018 to present), Masters of Business Administration degree from Columbia University Graduate School of Business, Nationwide Mutual Funds and Nationwide Variable Insurance Trust (April 2019 to present), Capital BlueCross (December 2011 to present), Nationwide Mutual Insurance Company; Nationwide Mutual Fire Insurance Company; Nationwide Corporation (April 2007 to present), Juris Doctor degree from Villanova University School of Law, Boston Consulting Group (senior advisor) (December 2012 to present), Bachelors degree in marketing from the University of Southern California, Masters of Business Administration degree in marketing from the University of Southern California, Bachelors degree in business from Monash University in Melbourne, Australia, Masters of Business Administration degree, with distinction, from the International Management Institute, Geneva, Switzerland, Bachelor of Science in industrial and systems engineering from the University of Southern California, Masters of Science in computer and manufacturing from the University of Southern California, Bremer Financial Corporation (May 2017 to present), Gaia, Inc. (formerly Gaiam, Inc.) (October 2013 to December 2018), Bachelor of Arts in mathematics and operations research from Cornell University, Masters of Business Administration in finance and general management from Cornell University. In 1918, three years after Catherine Hershey died, Hershey transferred nearly all of his assets .
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