Ten board members of the charitable trust that controls US confectioner Hershey Foods are to leave the board following the controversial failed attempt to sell the company.
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The board members who are leaving include the seven members who voted on two occasions to sell Hershey in order to divest the trust’s interests. The proposed sale inspired huge local opposition and even a court injunction to prevent the same thing from happening again.
Attorney General Mike Fisher announced that the new board would be smaller in size, with 11 members compared to 17 before, and would include four new members from the local community.
The four replacements are Raymond L. Gover, former publisher of The Patriot; LeRoy Zimmerman, former Pennsylvania attorney general; Richard H. Lenny, Hershey Foods chief executive; and Velma A. Redmond, chairman of the board of Harrisburg Area Community College and a former member of Fisher’s transition team, reported AP.
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By GlobalData
