Hershey Chief John Bilbrey Will Retire In July

John Bilbrey

Bilbrey, 60, was named Hershey chief executive five years ago. He joined the chocolate giant 13 years ago. Hershey's board has appointed a special committee to direct the search for a new chief executive.

The news comes less than two months after Mondelez ended talks to buy Hershey, in a deal that would have brought together some of the world's leading chocolate and snack brands. | READ MORE