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Hershey names Dave Hulays as CFO

Created at 2 Sep · 9:06 PM1 source
IN SHORT

The Hershey Company has appointed Dave Hulays as its new Chief Financial Officer, effective immediately. Hulays, who joined Hershey in 2012, succeeds Steve Voskuil, who will transition to SVP, Strategic Projects before retiring in 2027.

Key Numbers

54age of Dave Hulays
2012year Dave Hulays joined Hershey
15 yearstime Hulays spent at Procter & Gamble
seven yearstime Voskuil led Hershey's finance organization
early 2027planned retirement of Steve Voskuil

Who's Involved

Dave Hulays
new Chief Financial Officer of The Hershey Company
Steve Voskuil
outgoing CFO of The Hershey Company, moving to SVP, Strategic Projects
The Hershey Company
chocolate maker appointing new CFO

↳ Why This Matters

The appointment of a new CFO signals a leadership transition within The Hershey Company as it navigates economic challenges and seeks to maintain growth through product innovation and strategic pricing.

Key facts

  • Dave Hulays has been appointed as the new Chief Financial Officer of The Hershey Company.
  • Hulays, who joined Hershey in 2012, assumes the role immediately.
  • He succeeds Steve Voskuil, who will transition to Senior Vice President, Strategic Projects.
  • Voskuil plans to retire in early 2027.
  • Hulays previously held roles in finance leadership for Canada, U.S., and International businesses at Hershey.
  • The Hershey Company announced Wednesday the appointment of Dave Hulays as its new Chief Financial Officer, effective immediately. Hulays, an insider with extensive experience at the company since joining in 2012, takes over from Steve Voskuil.

    Hulays, 54, has held various financial leadership roles at Hershey, including Vice President of Finance for Canada and broader responsibilities across U.S. and International businesses. Prior to Hershey, he spent nearly 15 years at Procter & Gamble in commercial, supply chain, and global business development capacities.

    Voskuil, who has led Hershey's finance operations for the past seven years, will transition to the role of Senior Vice President, Strategic Projects, focusing on initiatives for the CEO and board. He has announced his intention to retire in early 2027.

    Hershey, which recently reported second-quarter results that exceeded sales and profit estimates, is navigating a challenging macroeconomic landscape while experiencing strong consumer demand and benefiting from higher pricing. The company has also expanded its Halloween product range to include salty snacks like popcorn, cheese puffs, and pretzels to appeal to health-conscious consumers.

    Frequently asked questions

    Dave Hulays has been named the new Chief Financial Officer of The Hershey Company.

    Dave Hulays joined The Hershey Company in 2012.

    Steve Voskuil will move into the role of SVP, Strategic Projects and plans to retire in early 2027.

    Hershey is operating in a tough macroeconomic environment but is benefiting from robust demand and higher prices.

    What Happens Next

    01Steve Voskuil will retire in early 2027.

    How It Developed

    Dave Hulays was named Hershey's new CFO.
    Hulays takes over from Steve Voskuil, who will move to SVP, Strategic Projects.
    Voskuil announced his intention to retire in early 2027.

    Sources

    T1
    Hershey names insider Dave Hulays as CFOReuters

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