Item 5.02. Departure of Directors or Certain Officers; Election
of Directors;
Appointment of Certain Officers; Compensatory
Arrangements of Certain
Officers. OnDecember 8, 2020 ,The Hershey Company (the "Company") announced thatDamien Atkins , the Company's Senior Vice President, General Counsel and Secretary, will be separating from the Company effectiveJanuary 31, 2021 (the "Separation Date"), due to family reasons.Mr. Atkins will step down from his General Counsel and Secretary role effective immediately and will focus on the transition of his responsibilities until the Separation Date. In connection withMr. Atkins's separation, the Company andMr. Atkins plan to enter into a separation agreement and general release, pursuant to whichMr. Atkins will receive the benefits described under Section 3.2 of the Company's Executive Benefits Protection Plan (Group 3A) (the "EBPP"), except that in lieu of the amounts payable with respect to financial counseling, tax preparation and outplacement services under the EBPP, the Company intends to payMr. Atkins a lump-sum payment in substantially the amount that would have been so payable.
The Company has initiated a search for
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 104 Cover Page
Interactive Data File (embedded within the Inline
XBRL
document)
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