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Hershey U.S. President Andrew Archambault will leave the Leeds and Skinny Pop maker on May 1 to pursue other opportunities, the company said.
Archambault joined Hershey. In February 2025, Keurig Dr Pepper was named head of the confectionery business. he is promotion last month He will oversee the company’s entire U.S. portfolio as part of a broader reorganization of the storied company, announced at Hershey’s investor day a few weeks ago.
The company began looking for a replacement for Archambault; According to SEC filings. A group of top executives, including CEO Kirk Tanner; Tiffany Menyhart, Chief Customer Officer; And Chief Commercial Officer Nate Champagne “will work closely with the broader leadership team to ensure continuity across our U.S. operations,” a spokesperson told Food Dive in a statement.
Archambault arrived at Hershey a few months after then-CEO Michele Buck made the announcement. she planned to retirePositioning him as a potential replacement. company Decided to hire a tannerA former Wendy’s and PepsiCo executive took the top spot in August.
Hershey, which has annual sales of more than $11 billion, has built its salty snack business through the acquisition of brands such as Dot’s pretzels. Recently, LesserEvilhas a variety of products, including healthy popcorn and cheese puffs.
On March 31st, Investor DayHershey touted the growth in saltiness and elasticity of its core sweet brands, such as Hershey’s and Reese’s, as enabling its success over many of its competitors. The company also highlighted its plans for further innovation and a deeper push into premium and performance items.
“We are in a unique position.” Tanner said.. “We have a portfolio that demonstrates we can grow in this environment. It’s in the right consumer position.”
But the company is still grappling with industry-wide pressures, including declining consumer spending, rising product costs, and increasing adoption of GLP-1 drugs for weight loss. Hershey is predicting Organic net sales increase In 2026, it will increase by 2.5% to 3.5% during the current fiscal year due to price increases and innovations.
