Chief of Staff to Pennsylvania Governor Robert P. Casey Prior to that, he was managing director/head of asset management companies and simultaneously global head of retail and intermediary sales at PineBridge Investments. For more information, visit mhskids.org. Highlights: Mr. Katzman is Senior Vice President, Business Development for General Electric (GE). Ms. Koken brings to the Boards professional expertise in legal, regulatory matters, insurance, governance, and risk management. A.B., Mathematics and Business Administration, Wittenberg University, Appointed: Director 2014 MHS Class of 1987 B.A., Communication, Lynn University, Appointed: Director 2019 In addition to Mr. Katzirs overall leadership experience, his roles throughout his career demonstrate a commitment to the plight of those less fortunate and align with the mission of Hershey Trust Company and Milton Hershey School. Mr. Crawford is currently the Chief Executive Officer, Pharmaceutical Segment, of Cardinal Health, Inc., a global healthcare services and products company, a position he has held since November 2018. Education: M.P.P.M, Yale School of Management Urban was responsible for all of Hersheys major buildings designed before 1926, including the original factory and offices, the original Hershey Inn, the first Hershey Department Store building, the Community Building and High Point. Though the chocolate factory began operations during the summer of 1905, little else was operating in town. The charts on this page feature a breakdown of the total annual pay for the top executives at HERSHEY CO as reported in their proxy statements. Harold has spent his career leading teams that managed multibillion-dollar investment portfolios and will be immediately helpful in overseeing the management of the Milton Hershey School Trust. Director since May 2017. The Trust Company excelled in its responsibility and stewardship of those trust funds. He is also the Senior Vice President of Business Development for General Electric Company, a global company focused on aviation, healthcare and energy, a position he has held since October 2021. concerns for the future of Derry townships' youth, Milton Hershey established the M. S. Hershey Foundation and again appointed the Hershey Trust Company as trustee. Home / Online Resources / Encyclopedia / Hershey Trust Company. For information about the Milton Hershey School, visit their website at www.mhskids.org. Professional Experience: Senior Associate, PricewaterhouseCoopers LLP 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. Ed.D., Education Policy and Leadership, Southern Methodist University For information about the Hershey Cemetery, visit their website at www.hersheycemetery.com. Highlights: Ms. Marsh is the former Chief Investment Officer and Treasurer of the University of Pittsburgh where she was responsible for managing the financial assets and liabilities of the University and its endowment. Hershey Foundation, 2018 Hershey Community Archives | Terms of Use | Designed by Triple Strength. She served in several other senior management positions during her time at Wm. The establishment of the Hershey Medical Center had a dramatic impact on the community as well. She previously served as Insurance Commissioner of Pennsylvania for three governors and in other leadership roles during her 22-year career at Provident Mutual Life Insurance Company, a national life insurer, that culminated in her serving as its Vice President, General Counsel and Corporate Secretary. Her presence in the boardroom also ensures efficient communication between the Board and Company management. Given her background, Dr. Peeples-Fullmore has unique insights into the educational and social issues that face the students of Milton Hershey School. 1991, as well as the Chairman of The Hershey Company Board of Directors. "I am honored to serve the Boards at this historic time and privileged to work with such committed Board members that are focused on fulfilling and furthering the mission of Milton Hershey School and its founders, Milton and Catherine Hershey," said Diane Koken. Mr. Dutkowsky is the former Executive Chairman and Chief Executive Officer of Tech Data Corporation, a wholesale distributor of technology products, a position he held from June 2018 until his retirement in June 2020. While the chocolate factory was still under construction, he began to implement his ideas for a model industrial community. Previously, Joshua was a Vice President - Consumer Sector Portfolio Manager At Asset Management at Goldman Sachs. Ed.M., Leadership, Policy, and Reform, Harvard Graduate School of Education Hershey stipulated that those assets were to be managed by the Hershey Trust, part of a for-profit bank, and he retained a significant measure of control over the school's operations by reserving to the bank the right to appoint its board members. His final will was a reflection of his concern and commitment to his community. Prior to joining Sleep Number in 2005, Ms. Schoppert led U.S. Banks Private Asset Management team and served as its Head of Product, Marketing and Corporate Development. She currently serves on the Board of Directors of FTAC Athena Acquisition Corp. (NASDAQ: FTAA), a SPAC, since February 2021, and Nuvei Corporation (TSX: NVEI and NVEI.U), a global payment technology provider, since August 2020. . The Pennsylvania Office of Attorney General has reached a new agreement with the trustees of the Hershey Trust Company and Hershey School only three years after an agreement made in 2013. Earlier in his career, he served as the special assistant to the president of the Board of Education of the City of New York, the nations largest school system with 1.1 million students. Ms. Koken was an Attorney in the Legal Department of a Philadelphia based insurance company progressing through various management positions during her 22-year career to serve as Vice President, General Counsel, and Corporate Secretary. Check out this great segment on Reese's Peanut Butter Cups, including archival materials from our collections! Jason was chairman of the Pittsburgh Technology Council and serves on the board of Family Design Resources, which provides adoption/foster services for needy children. Special Assistant to the President, Board of Education of the city of New York Read important MHS policies on equal opportunity and diversity, equal employment opportunity, and more. A large portion of the trust's funding was represented by its stake in the Hershey Company. The community of Hershey remained an enduring passion for Milton Hershey throughout his life. Ms. Arway held multiple leadership positions during her 21-year career with American Express Company, Inc. and its subsidiaries, including as Chief Executive Officer, American Express Australia Ltd., and as Executive Vice President and General Manager, Corporate Travel North America. And in keeping with the tradition of other local financial institutions, the original board of directors was comprised of respected local business and community leaders. Please contact us for more information. The role of Hershey Trust Company seemed clear following the death of Milton Hershey: to be a good steward of Milton Hersheys fortune and to stay true to his vision for the Milton Hershey School and his passion for the community. Vice President Finance and Corporate Controller, Bioclinica, Inc. in 1951). Specialized savings accounts, such as Christmas Savings Clubs, were clever gimmicks promoted by the Trust Company to encourage new account business. Prior to that, she was executive director of the Pittsburgh Association for the Education of Young Children. Prior to that position, Mr. Malcolm spent 24 years at The Procter & Gamble Company in various leadership positions, including as Vice President General Manager Beverages, Europe, Middle East and Africa, and Vice President General Manager, Arabian Peninsula. It assumed operation of the Hershey Theatre in 1970, Hershey Museum in 1981 and the Hershey Gardens in 1989. The agreement comes after published reports that the trustees had spent more than $3.6 million in legal fees investigating whether two of . Professional Experience: He named the Hershey Trust Company as administrator of the school trust. Mr. Katzmans professional expertise and personal commitment to the mission brings exceptional value to the Boards. "Michelle brings a lifetime of experience and commitment to early childhood education which will be crucial in the launch of Catherine Hershey Schools for Early Learning. Dec 11, 2020. www.tiogapublishing.com . Check out Tommy and Me!. Joshua Shannon is a Vice President, Investment Officer, Public Market Equities at Hershey Trust based in Hershey, Pennsylvania. $3,066,024 View details. In 1986, Hershey Trust Company sold its ownership of the Hershey Bank to PNC Corporation. Reese suggested the Pennsylvania Attorney General had enough cause to investigate the Hershey Trust. Board of Hershey Trust Company and Milton Hershey School, Deputy Chair and . Appointed: Director 2023 Today the Trust Company continues its role as trustee for the Foundation. B.A.,Villanova University, Appointed: Director 2019MHS Class of 2004 Managers/Directors Robert F. Cavanaugh, Joseph M. Senser and James E. Nevels must retire from the MHS Board of Managers and the HTC Board of Directors effective no later than Dec. 31, 2016; and . She began her career in the airline industry, serving in various financial, strategic and general management leadership positions at American Airlines, Northwest Airlines and America West Airlines. Education: New housing developments, such as Briarcrest and Glen Acres, were established in response. As banking laws evolved in the 1970s and 1980s the tradition of small independent banks gave way to expansions and mergers. Hershey Trust Company, as the trustee, served as the financial steward for Milton Hersheys vision for the communitys youth. Pennsylvania Secretary of General Services She is currently the Chief Financial Officer of Wedgewood Pharmacy. As one of three representatives of Hershey Trust Company and Milton Hershey School currently serving on the Board. 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 Directors/Managers: Michelle Figlar, Harold Singleton III and Jason Wolfe. Professional Experience: Hershey Trust holds 58,112K shares representing 28.44% ownership of the company. During his time at Lincoln Financial Group, he lived in the Philadelphia area and served on the board of directors of the Urban League of Philadelphia. B.S., Education, Millersville University, Appointed: Director 2018, Vice Chair 2021, 2022MHS Class of 1989 Furthermore, the Trust Company continued to make mortgage loans, thus playing a significant role in the growth and development of the town. 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. Robert F. Cavanaugh, a Board member since October 2003, is also an independent member of the Board of Directors of Hershey Trust Company and the Board of Managers (governing body) of Milton Hershey School. He currently serves on the corporate board of directors at WisdomTree, Inc. Milton Hershey School is one of the world's best private schools, where qualifying pre-kindergarten through 12th grade students live on campus and receive an exceptional education with top-tier classes and facilitieswith all costs covered throughthe trust left by founders Milton and Catherine Hershey. Chief Financial Officer, Wedgewood Pharmacy 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. And their unique ownership structure virtually assures that they will continue doing business that way for the next 100 years. Her professional and life experiences have demonstrated her ability to lead and influence. During his career, Jason has received a variety of honors, including Ernst & Youngs Entrepreneur of the Year, the Pittsburgh Technology Councils CEO of the Year and the Milton Hershey School Alumnus of the Year. Previously, he served as vice president, managing director/head of manager selection and portfolio construction, at Lincoln Financial Group, overseeing a $200 billion investment platform covering all asset classes. The floor plan was designed to offer separate office space for other Hershey businesses. Previously, the company paid $1.04 per share. Any Director of the Trust Company who also serves as a Director of The Hershey Company or Hershey Entertainment and Resorts Company may not receive more than $80,000 for their Trust Board service. Jason later built Direct Response Technologies, Inc., an affiliate tracking platform which scaled to 12 billion monthly transactions. To now serve as Chairman of the Board of Managers of MHS and the Board of Directors of Hershey Trust Company (HTC) has been one of the greatest honors of my life. 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.
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