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Friday, February 20, 2009

Candy Tease: February 2009

I have a bit of a cold and don’t think it’d be fair to review anything else this week. So here’s your candy tease of new products, some just arriving on shelves.

imageName: Reese’s Dark Chocolate Peanut Butter Cups
Brand: Hershey’s
Description: Reese’s Peanut Butter Cups in a dark chocolate shell. 
Notes: Available starting June 2009 along with a “Reese’s Loves You Back” prize promotion. This isn’t the first time Hershey’s has released a dark chocolate RPBC, most recently it was a limited edition version of mini bat coins for The Dark Knight and before that back in 2003 (with some other appearances in between).

imageName: Gemstones
Brand: Atkinson Candy Company
Description: Hard candy in pretty gem-like packaging.
Notes: For those who miss the Peerless line of hard candy, you’ll be happy to hear that Atkinson Candy Company of Texas bought much of their line (recipes) and have restarted production on many of the classic candies including their premium sugar free line. (All made in the USA, as well.) My favorites have always been the Honeycomb Peanuts and Anise Squares. (Available online now.)

imageName: Toxic Waste(r) Shockingly Sour Hi-Voltage(tm) Bubble Gum
Brand: Candy Dynamics
Description: In a hollowed out rope gum fashion filled with ultra sour powder offering more than two combined feet of delicious bubble gum in each individual package and presented in three different yummy sour flavors: Amp’d Aple, Surgin’ Strawberry and Blackout Blue Razz.
Notes: I don’t think anything can every top the classic Quencher gum when it comes to mouth tingling & salivation, but I suppose I could give this a try.

imageName: Gimme Calcium
Brand: Brightspot Brands
Description: We start with a crispy crunchy ball of rice and drench it with the best milk chocolate that’s been infused with TruCal(r) calcium. Then we seal in all this goodness with a thin candy shell with no artificial colors.
Notes: I’m always dubious of fortified candy, but this sounds pretty good. Each serving has 500 mg of calcium and sounds like a malted milk ball.

imageName: Breath Savers(r) Strong Mint Menthol and Energy Mint Caffeine
Brand: Hershey’s
Description:  Breath Savers Strong Energy Mint Caffeine offers a “boast of energy” with a touch of caffeine. Available December 2008. Also available in Breath Savers Strong Mint Menthol.
Notes: I’m curious how much caffeine is in those Strong Energy, but I suspect it’s either very little or so much it leaves a horrible bitter aftertaste.

imageName: Chocolate Flavored Mega Smarties
Brand: CeDe
Description: 2.25 oz. rolls of the super-big Smarties disks. Available now.
Notes: A couple of issues here. First, I’ve had the chocolate flavored Pez and thought they were dreadful, and I can’t imagine these would be any better. Second, Smarties in every other part of the world are made by Nestle and are actual chocolate lentils, so a powdery chocolate disk is only going to create more international confusion.

Related Candies

  1. Candy Tease: Autumn 2008
  2. Candy Tease: All Candy Expo 2008 #5
  3. Candy Tease: All Candy Expo 2008 #4
  4. Candy Tease: All Candy Expo 2008 #3
  5. Candy Tease: All Candy Expo 2008 #2
  6. Candy Tease: All Candy Expo 2008 #1
Images courtesy of the respective manufacturers.

POSTED BY Cybele AT 9:39 am     Comments (11)

Wednesday, January 28, 2009

Hershey’s announces closing of Joseph Schmidt & Scharffen Berger Bay Area Facilities

At the Fancy Food Show in San Francisco, I missed the opportunity to watch Joseph Schmidt make his famous chocolate bowls - though I did get to see the fresh works and talk with him briefly. Though some of the high end items like the bowl from Joseph Schmidt are undoubtedly crafted items, the current mass manufacture of the truffles doesn’t really keep with the artisan vibe.

Are they still artisan confections when they’re consolidated into one manufacturing plant in Illinois? Were they even still artisan when Hershey’s bought them in 2005?

A little history: In 2005 Hershey’s started a spinoff company and seemed to tap into a new trend in the United States: small batch, carefully crafted confections. They created an autonomous company called Artisan Confections Company and into it went Joseph Schmidt and Scharffen Berger and later in early 2006 Dagoba.

Milton S. Hershey started as what could be described as an artisan confectioner. He made hand-stirred caramels, eventually made his fortune with a company called the Lancaster Caramel Company. Of course this was all at the same time that the industrial revolution and the assembly line was transforming everything from stockings to cars and then chocolate with Hershey’s five cent milk chocolate bar.

But mass production doesn’t mean bad. Or at least it doesn’t have to mean it.

What this meant initially was greater distribution and monetary muscle for these tiny chocolate companies. (Scharffen Berger & Dagoba are chocolate factories, Joseph Schmidt is a chocolatier.) And it’s done quite a bit for the public. Access to these varieties of products has done munch to educate consumers about the nature of chocolate, how flexible it is, how specific beans grown in a particular valley can taste vastly different to mixed beans. Dagoba showed us that organic and ethical doesn’t have to taste like the heaps of faint praise given to children who make macaroni art.

But most chocolate lovers have been waiting for the other shoe to drop. After all, this is Hershey’s - a company that isn’t known for the quality of its products these days or the respectful way that it treats its customers.

The announcement yesterday sounded like this:

During the fourth quarter of 2008, the scope of the Global Supply Chain Transformation program increased modestly to include the closure of two subscale manufacturing facilities of Artisan Confections Company, a wholly owned subsidiary, and consolidation of the associated production into existing U.S. facilities, along with rationalization of other select items. These initiatives, which will be completed in 2009, increase the expected total cost and savings of the Global Supply Chain Transformation program by approximately $25 million and $5 million, respectively. Approximately $15 million of the increased costs are non-cash charges. (source)

The names Scharffen Berger and Joseph Schmidt appeared nowhere in the official press release. In fact, I read over this fourth quarter report, even twittered a smidge, without even realizing what that meant. Subscale? Rationalization? It wasn’t until later that evening that the SFGate posted the news and Cammy from Munchcast popped me a note.

There were assurances from Hershey in 2005 that the company would retain its staff and location (though it did expand, I don’t think anyone can be upset by that, as they did say that they wanted to grow the brand). The sad truth is that this is merely a formality. Scharffen Berger chocolate has, for the most part, been made in Illinois for a couple of years. The Berkeley factory is a bit of theatre. Sure, it’s a working factory, but it may as well be Chocolate World for the well-heeled.

But this leaves a hole, a new opportunity for the actual hand crafted chocolate makers out there. And Scharffen Berger should look sharp, there are far more than back in 2005 when it got its infusion of cash. Askinosie, Amano, DeVries, Taza, Theo, Tcho, Patric, Mast Brothers, Original Hawaiian Chocolate Factory, Rogue Chocolatier and Jacque Torres ... that’s just bean to bar folks in the United States.

If you’d like to see Scharffen Berger & Joseph Schmidt’s roots, I’d recommend a trip soon.

Joseph Schmidt (previous review)
3489 16th St
San Francisco, CA 94114

Scharffen Berger Chocolate Maker (factory tour)
914 Heinz Avenue
Berkeley, CA 94710
(510) 981-4050

UPDATE 1/29/2009: It appears that Scharffen Berger has already stopped the free tours, even though word is that the factory will continue production at least until April.

UPDATE 2/10/2009: Joseph Schmidt is closing its doors for good, there is no shift of production. They will continue and fill orders through the Easter holiday. Though 150 other Bay Area folks are out of a job (including the Scharffen Berger folks), Joseph Schmidt himself will continue to be employed by Hershey’s. I expect that he will continue his appearances at trade shows and events, and perhaps consult on recipes.

Related Candies

  1. Hershey’s Website Inaccuracies
  2. Askinosie Chocolate
  3. Tcho: Beta Batch No. C Ghana 0.7 AH
  4. Amano Single Origin Bars: Madagascar & Ocumare
  5. Theo 3400 Phinney Bars
  6. What Made Hershey’s Want to Change Chocolate?
  7. Big Candy Buyouts - Hershey & Jelly Belly
  8. 2006 Independent Food Awards

POSTED BY Cybele AT 1:02 pm     CandyFeatured NewsNewsComments (9)

Tuesday, September 23, 2008

Have You Written to Hershey’s?

Hershey's Milk Chocolate (retro wrapper) - now with PGPR!I’ve gotten a couple of notes from readers about their experience writing to The Hershey Company about the changes in their favorite products.

So I’m curious what Hershey’s is saying to consumers when they write in. (I’ve had my own experience that I’ve documented.)

You might be curious to read about another blogger who noticed the changes in Kissables earlier this year and what she was told.

So, if you’ve written to Hershey’s, tell us here what their response was! (And if you haven’t, give it a try.)

Related Candies

  1. Today Show Interview: What Wasn’t Covered
  2. Rising Cost of Candy - A Brief Study of Hershey Prices
  3. Kissables (Reformulated)
  4. What Made Hershey’s Want to Change Chocolate?

POSTED BY Cybele AT 6:56 am     CandyFeatured NewsNewsComments (49)

Saturday, September 20, 2008

Today Show Interview: What Wasn’t Covered

I’ve gotten a few comments and emails and I thought I’d address them:

Kissables King!1. Palm Oil
Yes, one of the oils in the array on the ingredients list is Palm Oil and/or Palm Kernel Oil. If you’re following along with the environmental coverage on this issue, things are not at all rosy with these products. They’re linked to widescale deforestation in places like Indonesia and Malaysia. The plantations do not process as much CO2 from the atmosphere as the former rainforests, there is a devastating loss of habitat (which threatens the existence of the Orangutan in Borneo), loss of topsoil and clean water (as natural watersheds are contaminated with runoff).

Environmental matters aside, consider the health effects of merely eating Palm Oil. The World Health Organization believes it contributes to cardiovascular disease. New research reveals that not only does cocoa butter not harm us, it actually increases the antioxidant properties of chocolate and is neutral to our blood cholesterol levels. (But it’s not like the health benefits of a milk chocolate coating on a candy bar are in any way remarkable.)

There are a lot of stories, web pages and sites devoted to the issue, so you can read up on it elsewhere for a fuller picture than I can paint. (And in various posts I’ve made other helpful readers have left links to websites they recommend.)

Reese's Select Cluster2. Hershey’s New Facility in Mexico
I have talked about this a bit on the blog in other places, though only long-time readers have probably seen all of my commentary. Here it is: Hershey’s closed two of their major plants, one here in California at Oakdale. That facility was purchased by Sconza and will be up and running soon though not employing nearly as many people. The second was in Smith Falls, Ontario. Those were just the Hershey’s branded factories, they also shut down a few smaller facilities in Reading, PA and Nagatuck, CT. What some people think is that Hershey’s has moved completely to Mexico and the products we’re getting on the shelves now are made in Mexico. This is untrue, they’ve only moved some of their manufacturing there and much of it was candy products that were for export anyway at this time. (Though that could obviously change.) The only product with the Hershey’s brand on it that I’ve seen from Mexico was the new Reese’s Clusters. Hershey’s still makes their famous Milk Chocolate and Kisses in Hershey, Pennsylvania. However, they have outsourced the production of their cocoa liquor, which means they are no longer a bean to bar company and it’s unclear if that will always be produced in the United States.

UPDATE 8/14/2009: Hershey’s is now making the Hershey’s Miniatures in Mexico as well as the York Peppermint Pattie.

Hershey's Heart's Desire3. The Word Mockolate
I did not coin this term, though in the past 18 months I might owe its creator some serious royalties. I first heard it on an episode of Friends (Episode 32, “The One with the List”), though I’ve also heard that it may have appeared in The Simpsons. I was really hoping the Today show would play one of the clips from the show.

Basically mockolate is any product which pretends to be chocolate but doesn’t qualify for one reason or another due to the FDA definition of chocolate. In the case of the Friends episode, I believe that product had absolutely no Theobroma cacao content at all. The present Hershey’s products do actually “contain” chocolate but for the most part the cocoa butter has been replaced completely or in part by other vegetable oils.

I use the word because in many of the cases where it appears in a confection it’s intended to act like chocolate. (And might have been a real chocolate product at one time.)

Nestle Carlos V Dark Knight - It's got Chocolate Style4. Other Companies Making Substandard Products

I did mention the Nestle mockolate products to the producers of Today, but that was not the focus of the piece (and that’s certainly their prerogative). So I confined my examples to Hershey’s products. There are also companies that have always made poor quality chocolate and mockolate. That’s not what this story was about either.

Old and new Kissables5. Images and Examples

I provided as many candy products as I could find over the weekend that were both the old and new formula. That was pretty much the Kissables and Almond Joy (and since Hershey’s confirmed that they went back to milk chocolate, that became moot). Everything else was representative items of the “new versions”. I referred the producers to some great sources of what the wrappers used to look like: Mike’s Candy Wrappers and Brad Kent’s Wrappers (and even Flickr).

I think the Kissables change was a good example of how subtle it was ... removing one word and putting in a different one. Milk Chocolate became Chocolate Candy. It would have been great to have the old and new Mr. Goodbar, because the print is so much smaller for the new “made with CHOCOLATE AND PEANUTS” versus the former “PEANUTS IN CHOCOLATE.” (As of today the Hershey’s Mr. Goodbar page still displays both versions - the new one on the top of the page and the little one in the middle of the page.)

Kirk Saville, spokesman for Hershey Company said later to the Harrisburg Patriot News, “The Mr. Goodbar formula was changed to allow the peanut flavor to come through.” I take issue with this because there was never any change to the wrapper except for the legally obligated ones. No big splashy “better tasting!” or “more peanut flavor.” Instead it was done quietly and subtly.

Hershey's Almond6. Other Changes

Hershey’s has not left the venerable Hershey’s Milk Chocolate Bar, Reese’s Peanut Butter Cups, Kisses and KitKat untouched. While they are still milk chocolate products, the formula has changed. If you want to tell for yourself we’re in another crossover right now. The Hershey’s Milk Chocolate Bar now has PGPR in it. It’s an additional emulsifier to the soy lecithin that nearly all chocolate products have.

If you look sharp you should be able to find both products (and the previous PGPR free ones still fresh) and can compare for yourself.

(Long ago I called Hershey’s to ask about this PGPR stuff that I saw in the Kisses ingredients list, it took a lot of wrangling to find out the origin of the product, theirs comes from castor beans. For some reason they always state where the lecithin comes from but not the PGPR.)

While I don’t know if there is a real difference in the flavor or texture, but I have gotten two notes from readers that say that the Hershey’s Kisses do not behave the same when baking. (Specifically when making those thumbprint cookies the Kiss comes out chalky instead of fudgy.)

Hershey's Krackel Miniatures (Faux)7. Action to Take

I never said boycott Hershey’s. I said that I will not be buying the inferior products any longer (basically the Kissables and Take 5 - I stopped buying the 5th Avenue years ago), I’ve not taken all Hershey’s products off my list. A boycott is not when you simply don’t like a product any longer and don’t recommend it. I will still be buying products for review - that’s kind of what I do here.

I don’t think that this issue has enough traction to be a successful boycott anyway. However, as was demonstrated with the information at the end of the segment, Hershey’s did bring the milk chocolate coating back to the Almond Joy after consumer feedback. So maybe that’s all that’s required here.

Have you eaten something you weren’t happy with? Have a concern about an ingredient? Don’t like the way something’s advertised? Call them or send them a note.

1-800-468-1714
Monday - Friday
9 AM to 4 PM ET

Or via their online contact form (be prepared to tell them how old you are and they’ll ask you lots of other personal info that you probably don’t have to answer).

Related Candies

  1. Hershey’s Website Inaccuracies
  2. Today Show: Kissed Off!
  3. ReeseSticks (Revisit)
  4. Hershey’s Miniatures
  5. Nestle Crunch Crisp
  6. What Made Hershey’s Want to Change Chocolate?

POSTED BY Cybele AT 7:32 am     CandyFeatured NewsNewsComments (15)

Friday, September 19, 2008

Hershey’s Website Inaccuracies

This is a tedious post and I don’t really expect folks to read it in earnest. It’s here for my reference and yours.

Since the whole change in Kissables, I’ve been keeping a close eye on the Hershey’s website and even did a screen grab on August 27th, 2008 before they started changing it in the past couple weeks after the ABCNews.com story. (I don’t know that was definitely the motivator.)

While Hershey’s has a clear disclaimer on the product pages with the nutrition information that reads: Hershey’s goal is to keep each product’s nutrition information up-to-date and accurate but please consult the label on the product’s packaging before using. If you notice that something is different on a product’s label than appears on our website, please call us for more information at (800) 468-1714. I can tell you from personal experience that getting information about Hershey’s about what’s actually in their products isn’t as easy as calling or emailing.

I understand that often in times of product formulation transition that the website needs to reflect what a consumer is most likely to find, some of the items on the Hershey’s website are far from just out of date, they’re inaccurate to the point of misleading. Here’s the last saved version of products page from March 2008 via Archive.org. (Images are not archived, so they may be linking to current images, not those that appeared during the time the archive was made.)

Plainly put, the descriptions on the Hershey’s Chocolate Products page don’t match what’s currently available in stores, further, what they say is in the products is inaccurate.

imageThe first was the 5th Avenue, which shifted from a milk chocolate coated bar to a rich chocolatey coating bar back in 2006. The image on the site and the text both said that it was milk chocolate. The image has since been changed out, Google’s cache from September 4th still showed it as a milk chocolate bar image & text), but the text still reads:

First introduced in 1936, this chocolate peanut butter bar contributed to the war effort—and is still enjoyed today.

While it’s accurate to say that it was a chocolate bar in 1936, they’re not exactly saying that it’s not any longer - you have to look at the picture and the caption just says “chocolate.”

The next is the Kissables description:

HERSHEY’S KISSABLES Brand Chocolate Candies are miniature HERSHEY’S KISSES Brand chocolates coated with a colorful candy shell for eat-able, treat-able, here-able, there-able, unpredict-able fun!

While the classic Kisses are still considered milk chocolate, the Kissables are not, so saying that they’re just mini Kisses covered with candy is misleading because, well, it’s simply not true.

imageHershey’s Miniatures were a recent disappointment to me. I don’t know if they can get away with calling the product Hershey’s Miniature chocolate bars when I found that 41% of my package were not chocolate bars at all.

Milk Duds haven’t been chocolate for years, but the description is still there:

Bite-size chocolate-covered caramels, MILK DUDS candy is a perfect snack for a night at the movies or anytime!

imageThe Mr. Goodbar section is full of inaccuracies. The name of it is Mr. Goodbar chocolate bar and the image on the directory page says peanuts in chocolate and the description says:

Will your P.M. snack be salty or sweet? With MR. GOODBAR’s combination of crunchy peanuts in chocolate, you don’t have to decide.

On the actual product page the header image shows made with chocolate and peanuts but the image below it and the caption still say peanuts in milk chocolate. The description there goes further into the history which confuses matters because it once was a real chocolate bar:

MR. GOODBAR chocolate bar was one of Hershey’s original candy bars. Consumers have loved the delicious combination of creamy chocolate and crunchy peanuts since 1925. That’s a good bar, Mister.

imageThe final one in the Hershey’s repertoire is the Take 5. The description is shown there in the screengrab and it says that it’s covered in milk chocolate. (Which I’m guessing is a selling point, it was for me.)

The Hershey’s product page for the Take 5 has been heavily edited now. There were four versions of the bars (White, Peanut Butter and Chocolate Cookie and for a while a Marshmallow) listed there earlier this year. The current product page is now completely accurate with its images and description. I can only be disappointed by my memories.

Hershey’s has several mini-sites. One of the major ones is for their Reese’s line of products. It was relaunched just last week with an intricate flash-based page (which means no way to link to individual product pages). I would expect that this would mean that the info would be especially accurate. Sadly it’s not so.

image

The Reese’s subsite lists 11 Reese’s products. Four are characterized erroneously as real chocolate products in the copy that accompanies them.

  • ReeseSticks (which I revisted in today’s review) is described as milk chocolate though the image is correct

  • Nutrageous is described as a “chocolatey candy” on the wrapper (and in the image) but the accompanying text says that it’s, “loaded with crunchy roasted peanuts, smooth rich caramel, chocolate and the distinctive taste of Reese’s Peanut Butter.”

  • Reese’s Whipps is a new product and has never had a smooth milk chocolate on it. So while this whole “transition” thing with new products might be forgiveable, this is not.

  • Reese’s Crispy Crunchy is a little older than the Whipps, but also never sported a “smooth chocolate coating.”

  • So there you have it. Hershey’s says that their changes are transparent to the consumers and that everything is clearly marked on the packages. While going straight from the package, with no previous experience with the product might mean that consumers understand fully what they’re eating, the rest of this noise - the fact that the wrappers are designed to look so incredibly similar and that the supporting materials like the Hershey’s website don’t reflect what’s truly in the bar - provides evidence the Hershey’s wants us to be confused.

    I fully expect that many of these inaccuracies will be rectified soon. I know that Hershey’s staff members and their PR companies read this site.

    The above web images were taken on September 18, 2008 for the Reese’s Whipps page and September 17, 2008 for the Hershey’s items.

    Related Candies

    1. ReeseSticks (Revisit)
    2. Revisit: Take 5, Sunkist Fruit Gems & Snickers Almond
    3. Kissables (Reformulated)
    4. Reese’s Select Clusters
    5. Reese’s Whipps
    6. FDA & Mockolate - It’s not over
    7. FDA Chocolate Definition Change

    POSTED BY Cybele AT 12:20 pm     CandyFeatured NewsNewsComments (22)

    Saturday, October 20, 2007

    Candy Teases: Edition Three

    Name: Tootsie Pop Drops
    Brand: Tootsie
    Description: Fruit flavored hard candies with a Tootsie Roll center
    Release Date: Early 2008
    Notes: Tootsie Pop Drops will return next year after a long absence from store shelves. This is good news, because it was especially sad that the Blow Pop Minis were on the market (blech) and the obviously superior Tootsie Pop Drops were nowhere to be found.

    UPDATE 3/22/2008: They are pretty much like the original, a little smaller but a very good return. Here’s the review with photos.

    imageName: Reese’s Select Clusters Candy
    Brand: Hershey’s
    Description: Peanut clusters made with premium ingredients
    Release Date: August 2008
    Notes: I have no idea how these will be different from regular Reese’s products ... except maybe they’ll improve the quality.

    imageName: Werther’s Original Caramel Chocolate (Milk & Dark)
    Brand: Storck
    Description: Rich milk chocolate marbled with smooth, creamy caramel in fine European tradition
    Release Date: November 2007
    Notes: I actually tried these ... I was hoping for something as rich and satisfying as Storck Chocolate Riesen. Until I can get a hold of the real packaging so I can read the label, I’m not able to do a full review. 

    (Images courtesy of the respective manufacturers.)

    Related Candies

    1. Candy Teases: Edition Two
    2. Candy Teases - New Products

    POSTED BY Cybele AT 9:15 am     CandyNew Product AnnouncementFeatured NewsFun StuffNewsComments (4)

    Saturday, October 06, 2007

    This Week in Candy - I’m Going to Meet All the Candy Bloggers

    Littlejohn's Caramel KissesTechnically this happened last week, not this week, but bear with me. Last Friday I got to meet another one of my fellow candy bloggers (I have a set of three in-person meets so far!). Joanna from SugarSavvy.net was in town and we went out to lunch at the Farmers Market (because it was the densest candy location I could think of near my office). We had a little lunch with the incredible view of Littlejohn’s Toffee & Fudge. They were wrapping their slick and gorgeous caramel kisses (caramel covered marshmallows). Joanna bought some penuche, a pecan praline for a friend and I also got a praline and a piece of honeycomb (because it looked so good on Rosa’s post over at SugarSavvy ... but I ate it and can’t review it now). I probably jabbered on a lot about candy, but it’s pretty rare that I get to talk to anyone about candy except through the blog.

    She also gave me a wonderful selection of four chocolates by Xocolatl de David. I’ve gobbled them up without taking their picture or reviewing them. (I’m sure I’ll have them again and do some coverage.) Mmmm ... dark and scorched fleur de sel caramels coated in rich chocolate. I definitely have to visit Portland one of these days.

    As another update, the winner for the Ultimate Candy Expo Box was Kimberly. It was a little warm in both our locations last week, so I’m boxing up a list of her top requests and a bunch of other stuff to send off on Monday. There were 537 valid entries (a few doubles on the comment thread and a few that came in via email). I’m kind of 21st century in my drawing method. I export the entire list to an spreadsheet. Sort it (in this case by email address) and then have a random number generator tell me which entry won.

    I’m thinking about running another giveaway, this time filled with Limited Edition items (some you may have loved, many you may have hated!). Any thoughts?

    KeyCardAs a little follow up to another post earlier this week, Hershey’s has named Richard Lenny’s replacement. They’re promoting from within and have tapped David J. West (43) as the new President, CEO and Director. West’s current position is Chief Operating Officer, Exec. VP, Sr. VP and Pres of the North American Commercial Group (see, he’ll have a much shorter title!). Don’t worry about Lenny (55),  he’s leaving with plenty of compensation for his hard work this year: a $1.1 million base salary and $10.25 million in long-term compensations ... that’s just this year. (He has some other yet unexercised options worth $23.5 million.) More about Lenny’s history with the company here. Of the 20 top executives in Hershey, West was the youngest in senior management.

    Chew on That has their monthly roundup of answers from bloggers. October’s topic is “What is the one thing in your refrigerator or pantry that you cannot live without?” As I’m not the cook in my household, my answer isn’t an ingredient, just something I eat.

    Monday: Reese’s Whipps (4 out of 10)

    Tuesday: Java Twix (8 out of 10)

    Wednesday: Limited Edition Hot Cocoa Kisses (5 out of 10)

    Thursday: GudFud Stuffed Marshmallows (6 out of 10)

    Friday: Chocolate Poppers (6 out of 10)

    Healthy Friday Bonus: Welch’s Fruit ‘n Yogurt Snacks (6 out of 10)

    Weekly average was 5.833 with 50% chocolate content.

    Related Candies

    1. This Week in Candy - Chicago Bound
    2. This Week in Candy - Naturally!
    3. This Week in Candy - Too Hot
    4. This Week in Candy - A Giant Craving
    5. Confetti & Agrumetti

    POSTED BY Cybele AT 12:26 pm     CandyFeatured NewsNewsComments (7)

    Monday, October 01, 2007

    Hershey’s CEO to Retire

    Richard H. Lenny, the CEO, President and Chair of The Hershey Company is calling it quits at the end of the year. He took his current position in 2001.

    You can read the press release below, which is obviously geared towards investors and not consumers, because not once does it mention anything good that’s happened since Lenny took over ... a period which saw the addition of PGPR to Hershey’s chocolate, the swapping of real milk chocolate in the Fifth Avenue bar to subpar mockolate and of course their support for the Grocery Manufacturers Association proposal to lower the standards of identity for chocolate (a reversal from their earlier position logged in 2000). Oh, yeah, and the closing of the Smith Falls, ONT and Oakdale, CA along with many smaller factories totalling at least 1,500 people directly.

    HERSHEY, Pa., Oct. 1 /PRNewswire-FirstCall/—Richard H. Lenny, Chairman, President and Chief Executive Officer of The Hershey Company, has informed the Board of Directors that he intends to retire at the end of 2007. First elected as President and Chief Executive Officer of the Company in March 2001, Mr. Lenny was elected Chairman of the Board in December 2001.

    In commenting on the announced retirement, Robert H. Campbell, Chair of the Company’s Compensation and Executive Organization Committee, said: “On behalf of the Hershey board of directors, stockholders, and employees, we thank Rick for his leadership over this past six and one-half years. During this time, the Company developed and has been executing its value-enhancing strategy with the over-arching goal of building stockholder value over the long-term. Under Rick’s leadership, through a combination of core brand growth, disciplined global expansion, and improved margins, Hershey’s total stockholder return was higher than that of the S&P food group and significantly outperformed the S&P 500. In addition, Rick has assembled an excellent leadership team that we’re confident will realize Hershey’s growth potential.

    “The board has begun the succession process and looks forward to making an announcement in the near future. Once announced, there will be an orderly transition from Rick to his successor. We wish Rick all the best as he concludes his role with Hershey,” Campbell concluded.

    “My years at Hershey have been extremely rewarding as I’ve been honored to lead a dedicated and engaged organization. During this time, we undertook major challenges, all focused on building a strong foundation for the benefit of all our stakeholders. I’m extremely proud of my Hershey colleagues and all that they have accomplished. I also want to thank our board of directors for its keen insights, support, and guidance over the past several years,” said Lenny. “The long-term prospects for our category and particularly for our company remain promising. I look forward to working closely with my successor so that the transition to new leadership will be effective and seamless.” (source)

    If I were in charge, I’d go private. If I were the Hershey Trust, I’d slowly buy the company back. They have (or at least it looks like they have) the capital to do it. Move away from all for the profit business and move to become and socially and ecologically responsible company both in the United States and abroad. Mars has a huge advantage over Hershey’s in that it is privately owned and can take bigger risks when the consumer confectionery market is in flux as it is now.

    Hershey’s should get back to making quality confectionery products at affordable prices, pay people a decent wage and the Hershey Trust will be able to continue the Milton Hershey School without problems. After all, the Trust is there to help mold disadvantaged youth - give them the education and boost that they need. Are they really teaching them anything if they abandon the town, communities and ideals that Hershey built?

    More at the Wall Street Journal.

    POSTED BY Cybele AT 10:27 am     CandyFeatured NewsNewsComments (11)

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    Meticulously photographed and documented reviews of candy from around the world. And the occasional other sweet adventures. Open your mouth, expand your mind.

     

     

     

     



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