Failure to meet sales, earnings goals cost executives
Saturday, March 17, 2007
BY TOM DOCHAT
Of The Patriot-News
Of The Patriot-News
High-level executives at The Hershey Co. didn't receive a bonus last year because of the company's failure to reach its sales and earnings objectives.
Richard H. Lenny, Hershey's chairman, president and CEO, and the others on the executive team came up empty. The candy company fell short of its sales growth targets of 3 percent to 4 percent and its earnings growth targets of 9 percent to 11 percent.
Lenny received a bonus of $2.4 million for his performance in 2005.
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