The US confectionery company has named Michael Del Pozzo as the successor to Charles Raup, who is retiring from Hershey after 15 years to pursue other executive opportunities.
The Hershey Company has announced that Michael Del Pozzo will take over the role of President of US Confection on 16 September 2024.
In this role, Del Pozzo will lead Hershey’s next phase of US growth with a portfolio of iconic brands, including Hershey’s, Reese’s, and Jolly Rancher.
Following 23 years at PepsiCo, Del Pozzo brings a wealth of experience in leading growth and transformation for some of the world’s most recognisable consumer brands, such as Gatorade, Propel, Muscle Milk, and Evolve. In his recent role as President and General Manager of Gatorade, Del Pozzo oversaw a $10 billion business, transforming the traditional sports drinks company into a portfolio of sports and fitness brands. Prior to Gatorade, he led the sales and commercial functions for Frito-Lay North America as Chief Customer Officer and held multiple other leadership roles across PepsiCo.
Del Pozzo will join Hershey’s Executive Committee and work closely with its other two business unit leaders: Kristen Riggs, President of Salty Snacks, and Rohit Grover, President of International, to advance Hershey’s strategic ambitions and meet the needs of consumers and customers.
Del Pozzo is succeeding Charles Raup, who is retiring from Hershey after 15 years to pursue other executive opportunities.
The Hershey Company’s Chairman and Chief Executive Officer, Michele Buck, said: “Mike’s deep consumer insights, his customer relationships, and his track record of delivering results and driving strategic change position him as the ideal leader to guide our US Confection business through its next chapter. He will be instrumental in building on our strengths and advancing our Leading Snacking Powerhouse vision.”
She added that she wanted to “thank Chuck for his many valuable contributions during his long tenure at Hershey” and wished him the best for the future.
Commenting on his new position, Del Pozzo said: “I am thrilled to join Hershey at such an exciting time for the company. I am inspired by the company’s history, culture, and talent. Its brands hold a unique place in the market and in the hearts of consumers. I look forward to working with Michele and the amazing team at Hershey to build on this strong foundation and help lead the US Confection business through its next phase of growth and innovation.”
Source: newfoodmagazine.com