| Business Summary | | Hershey
Foods
Corporation
and
its
subsidiaries
are
engaged
in
the
manufacture,
distribution
and
sale
of
consumer
food
products.
The
Company
produces
and
distributes
a
broad
line
of
chocolate
and
non-chocolate
confectionery
and
grocery
products.
Hershey's
principal
product
groups
include
chocolate
and
non-chocolate
confectionery
products
sold
in
the
form
of
bar
goods,
bagged
items
and
boxed
items,
and
grocery
products
sold
in
the
form
of
baking
ingredients,
chocolate
drink
mixes,
peanut
butter,
dessert
toppings
and
beverages. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hershey
Foods
manufactures,
distributes,
and
sells
a
broad
line
of
chocolate
and
non-chocolate
confectionery,
and
grocery
products.
For
the
six
months
ended
7/1/01,
revenues
rose
8%
to
$1.98
billion.
Net
income
increased
18%
to
$131.3
million.
Revenues
benefitted
from
incremental
sales
from
the
newly
acquired
mint
and
gum
businesses
and
from
the
introduction
of
new
confectionary
products.
Net
income
also
reflects
decreased
costs
for
freight,
distribution
and
warehousing. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| K. Wolfe, 62 Chairman | $1.7M | $2.6M | Richard Lenny, 49 Pres,
CEO | -- | -- | Frank Cerminara, 52 CFO,
Sr. VP | -- | -- | William Christ, 60 COO,
Exec. VP | 639K | 593K | R. Reese, 51 Sr.
VP - Public Affairs, Gen. Counsel and Sec. | 499K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|