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Ms. Haben is the former President, North America, of Wm. Founded in 1905 by Milton S. Hershey, Hershey Trust Company is a Pennsylvania-chartered trust company that serves as Trustee of, and investment advisor to, the Milton Hershey School Trust, the M.S. In addition to the Hershey enterprises, the Chocolate Company holdings also included Milton HersheysCuban holdings. Hershey created a deed of trust establishing a trust fund for the school. Education: Being one of 11 members1 of the board of directors for the Hershey Company, she had just received a presentation from snack food company Mondelez regarding a . He also serves on the Board of Directors of the Hershey Trust Company. 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. Ms. Koken is a legal/regulatory consultant and volunteers as a court appointed special advocate for children. M.P.P.M, Yale School of Management 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. She served in several other senior management positions during her time at Wm. 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. Through his varied roles, he has developed a broad range of commercial, human resources, operational planning, logistics and technological expertise. He currently serves on the corporate board of directors at WisdomTree, Inc. He has a long-standing interest in education, particularly for disadvantaged children. This focus aligns her work with the mission of the Hersheys legacy. Mr. Malcolm brings to the Board significant experience in emerging markets and in the marketing and sales of consumer products, including consumer-packaged goods and fast-moving consumer goods. Check out this great segment on Reese's Peanut Butter Cups, including archival materials from our collections! [3] In 1909, when Hershey founded the Milton Hershey School, Hershey appointed the Trust as administrator of the school trust. Education: 1. 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. She served as the longest president of the National Association of Insurance Commissioners. The MS Hershey Foundation Board of Managers are chosen from the Trust Company's board. in Chemical . Manager and Group Head Corporate Banking, Mellon Bank Chief Investment Officer and Treasurer, University of Pittsburgh Professional Experience: Hershey Foundation Trust, and the Hershey Cemetery Trust. Along with being one of 11 members of the board of directors for the Hershey Company, Layla Dylan was also a member of the board of the Hershey Trust Company. 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. Prior to founding TropicSport, Mr. Palmer held key leadership positions at Kimberly-Clark Corporation, a multinational personal care company, including serving as President, Global Brands and Innovation, from April 2012 to April 2019. Highlights: Michelle began her career as an early childhood teacher and is currently the executive director of the Birmingham Foundation in Pittsburgh. Scalia joined the company in 2005 in the legal department with an expertise in labor relations and transitioned to Human Resources in 2011. 1991, as well as the Chairman of The Hershey Company Board of Directors. 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. The agreement comes after published reports that the trustees had spent more than $3.6 million in legal fees investigating whether two of . 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 . Highlights: Mr. Saltzman is the Co-Chair of the Atria Health Collaborative, a new not-for-profit dedicated to improving healthcare and the Co-Founder of Atria Health, a start-up company hoping to improve healthcare delivery. In 1918, three years after Catherine Hershey died, Hershey transferred nearly all of his assets . 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. Today the Trust Company continues its role as trustee for the Foundation. As one of three representatives of Hershey Trust Company and Milton Hershey School currently serving on the Board. Professional Experience: James W. Brown Michela English Michelle Figlar Dan Katzir James C. Katzman M. Diane Koken, Chairman Maria T. Kraus, Vice Chair Amy K. Marsh Melissa L. Peeples-Fullmore Cordel Robbin-Coker David Saltzman Harold Singleton III Jason Wolfe It manages the $13.751 billion USD (2015) endowment of the Milton Hershey School and School Trust.[2]. Chief Financial Officer of Accelerated Enrollment Solutions, a business unit of Pharmaceutical Product Development LLC B.A., Communication, Lynn University, Appointed: Director 2019 By providing top-tier trust and investment management services, Hershey Trust Company helps these trusts, and the organizations they support, achieve their long-term goals in advancing the legacy and vision of Milton and Catherine Hershey in perpetuity. The collaborative work HTC and MHS are doing together to ensure that the School . The foundation's chartered purpose was to provide educational and cultural opportunities to the citizens of Derry Township. Jason later built Direct Response Technologies, Inc., an affiliate tracking platform which scaled to 12 billion monthly transactions. 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. B.A., International Affairs, Sweet Briar College. Derry Townships population boomed with the influx of Medical Center personnel and their families. She also held a succession of leadership positions in her 27-year career at Kraft Foods, Inc., a grocery manufacturing and processing conglomerate. 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. Mr. Brown provides valuable perspectives as a representative of our largest stockholder and the school that is its sole beneficiary. About the Hershey Trust Company Founded in 1905, the Hershey Trust Company is a state-chartered trust company with over a hundred years of strength, heritage, and stability. 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. Today a 17-member board headed by president and chief executive officer, Robert Vowler, manages the . There are a few stories that may be of interest to those of you who love Hershey history: A great story that involves Hershey history and the Philadelphia Eagles. Hershey Foundation and the Hershey Cemetery Perpetual Care Trust. He has significant experience in finance, private equity and venture capital, having previously served as a partner in SCP Private Equity Partners, a diversified, multi-stage venture capital firm. Read More Ms. Kraus was elected to the Boards in 2018 and brings an extensive background in finance, strategy, and corporate development. Her knowledge of and ability to analyze the overall consumer-packaged goods industry, evolving market dynamics and consumers relationships with brands make her a valuable contributor to the Board and the Company. Grenoble, the Auvergne-Rhne-Alpes, France Lat Long Coordinates Info. The directors of the Hershey School oversee an educational facility in central Pennsylvania for impoverished children, but you might not know it from their expense reports. Thanks to a historic gift by M.H.S.'s founder, the Hershey Trust Company has an endowment of $12.3 billion and an ownership stake in Hershey Company, giving it control of the candy dynasty . Enthusiastic about the mission, she serves as a role model for future generations of students. Hershey said on April 25, 2023 that its board of directors declared a regular quarterly dividend of $1.04 per share ($4.14 annualized). Wrigley Jr. Company, a leading confectionery company, a position she held from October 2008 until her retirement in February 2011. Highlights: Mr. Robbin-Coker is Co-Founder and Chief Executive Officer of Carry1st, the leading venture-backed publisher of social games and interactive content in Africa. Chief Operating Officer, Teach for America Hershey Trust Company serves as the Trustee of the Milton Hershey School Trust, The M.S. Pennsylvania Secretary of General Services His familiarity with policy and operations of government and his experience as an investor in and director of both public and private companies bring value to the Boards. That all changed in 1918. The company is a minority owner of The Hershey Company and sole private owner of Hershey Entertainment and Resorts Company and administrator of the 2,000 student Milton Hershey School. M.B.A., Columbia Business School The Foundation then entered a period of assuming ownership of many of the communitys cultural organizations. Hershey, PA 17033 (Address of principal executive offices) (Zip Code) (717) 534-4200 (Registrant's telephone number, including area code) . In addition, Mr. Brown has significant experience in government, finance and private equity/venture capital. The alleged compensation abuses relate to the purported payment of excessive compensation to the Directors of the Hershey Trust Company, a wholly-owned for profit subsidiary of the Trust, reported to total $1,118,146 for the part time work of ten directors. Highlights: Dr. Peeples-Fullmore is an education professional and brings important experience to the Boards in areas of school administration, at-risk/dependent children, and residential childhood education. Following the sale of Hershey Bank, Hershey Trust Company needed to physically relocate and establish an identity separate from the bank. For information about the Milton Hershey School, visit their website at www.mhskids.org. About Milton Hershey School Milton Hershey School is one of the world's best private schools, offering a top-notch education and positive home life to children in pre-kindergarten through 12th grade from families of lower income at no charge. Mr. Robbin-Coker brings to the Boards his expertise in corporate governance, institutional investing, and financial control; coupled with an unwavering commitment to the mission of Milton and Catherine Hershey. Prior to that, she was executive director of the Pittsburgh Association for the Education of Young Children. 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. She served as Insurance Commissioner in Pennsylvania for ten years in the cabinets of Republican and Democratic governors. Throughout the Depression, Hershey Trust Company only foreclosed on two Hershey mortgages. He held the position of President and Chief Operating Officer, Healthcare, Education and Business Dining, at Aramark Corporation, a global provider of food, facilities and uniform services, from September 2012 to October 2018. Mr. Saltzman was named one of Time Magazines 100 Innovators. For information about The M.S. The community of Hershey remained an enduring passion for Milton Hershey throughout his life. At about the same time, in an unrelated investigation, John Estey, former chief of staff to Governor Ed Rendell and a high-ranking executive of the company, was charged with wire fraud, having pocketed $13,000 that an FBI sting operation had given to him in an investigation into illegal lobbying of legislators.[13][14]. By his Will, Mr. Hershey gave the stock of the Hershey Trust Company to the School Trust. Wrigley Jr. Company, including as Group Vice President and Managing Director, North America. That year Milton Hershey quietly gifted the School Trust with all of his Hershey Chocolate Company stock, then valued at $60 million. He is a former partner of Goldman Sachs, with extensive experience in investment banking. The Pennsylvania Attorney General's office on Friday unveiled the terms of a reform agreement with the charitable trust that controls Hershey Co <HSY.N> that includes a 10-year term limit for . Founded 2,000 years ago, Lyon's streets are a living museum, with beautiful historical buildings and interesting art galleries and museums. She has also served as director of Hershey Trust Company and a member of the Board of Managers of Milton Hershey School since December 2015. Hershey Trust Company and the Milton . Hershey Foundation, visit their website at www.mshersheyfoundation.org. She also is a trained social worker with a real understanding of the issues and challenges facing children in need and their families. As Vice Chair of the Boards, Ms. Kraus is proud to advance the legacy of Milton and Catherine Hershey. Still, in 1905 Milton Hersheys town was more of an idea than an actuality. The original staff for the Trust Company was modest, consisting of the cashier and a teller. After graduating from MHS and Bloomsburg University in 1992, he became an entrepreneur and selftaught programmer and started a series of internet companies, including MyCoupons. For more information, visithersheytrust.com. When typing in this field, a list of search results will appear and be automatically updated as you type. When Catherine and Milton Hershey created the Deed of Trust establishing the Hershey Industrial School (now Milton Hershey School), Hershey Trust Company was appointed trustee for the School. The new Vice Chair of the Boards is Maria Trinh Kraus, a 1989 graduate of Milton Hershey School. An alumna of Milton Hershey School, Dr. Peeples-Fullmores connection to the Hershey legacy runs deep. Most notably, he created GiftCards.com, which is the largest gift card website in the world generating more than $1 billion per year in sales. That same year Milton Hershey established Hershey Trust Company to serve as the communitys bank in accommodating its financial needs. He was a man of action. Highlights: Jason enrolled at Milton Hershey School at the age of 11. For further information, call (717)520-1100 or send an email info@hersheytrust.com. Hershey Trust Companys financial strength also enabled it to support another financial institution, Northern Trust and Saving Company of Lancaster, and prevent its collapse during the financial strain caused by the Depression. His final will was a reflection of his concern and commitment to his community. Brett spoke with playwright and former Philadelphia sports broadcaster Ray Didinger about the show a Did you know the Philadelphia Eagles held their training camp in Hershey from 1957-1964? It seeks to balance the need to preserve open land while accommodating a real need to provide for the growth and development necessary to remain a healthy community. During the early years, Milton Hershey paid for many of the schools expenses out of his own pocket. B.A., Anthropology and Sociology, The George School, Lafayette College [7][8] Reese withdrew the lawsuit in April 2011, due to deteriorating health. Co-Chair of the Atria Health Collaborative His experience in education leadership best practice allows him to bring important insights to the Boards. B.A., Brown University. 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. A published brochure advertised a wide scope of banking services. For further information, call (717)520-1100 or send an email info@hersheytrust.com. "Assuming this Board position and supporting the school that gave me so much as a student is truly humbling," said Maria Trinh Kraus. Mr. Brown also has extensive government relations and public policy experience from serving as Chief of Staff in U.S. federal and Pennsylvania state governments. Breaking ground on February 26, 1966, the Medical Center was completed in 1970 and a formal dedication for The Milton S. Hershey Medical Center was held June 5, 1971. Highlights: Mr. Katzir recently completed seven years as the Chief Executive Officer of Alliance College-Ready Public Schools, a nonprofit public charter school network that serves 12,500 low-income students and supports 18,000 alumni across 26 public charter schools in Los Angeles, California. This fund, created with the remainder of his estate, helped relieve the tax burden of maintaining the Townships public schools. 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. Do you like the Eagles? For more information, visit mhskids.org. Cision Distribution 888-776-0942 Published Jun 19, 2016. Program Officer for the Aspiring Leaders Program at Teaching Trust She is a Certified Public Accountant and qualifies as a financial expert, as defined by the U.S. Securities and Exchange Commission. "Diane's commitment as a long-standing Manager on the Milton Hershey School Board of Managers and as a Director on the Hershey Trust Company Board of Directors has benefited the children at Milton Hershey School for years," said Robert Heist '82, who served as Chair from 2018-20. Appointed: Director 2017, Vice Chair 2017-2020
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