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 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

Chocolate maker Hershey is set to announce the departure of CEO Michele Buck, Semafor reported on Friday, citing people familiar with the matter.

Michele Buck, CEO since 2017, is out after poor earnings, soaring commodity costs, and a spurned takeover bid from a rival that highlighted Hershey's weaknesses.