Marketing veteran, Peter Horst, will join The Hershey Co. as senior vice president, chief marketing officer, beginning July 27, 2015.
Horst joins Hershey from Capital One Financial Corp. where he served as senior vice president of brand marketing, and prior to that, chief marketing officer for Capital One Bank.
“Peter is a seasoned marketing leader who has the skills, experience and proven track record to continue to evolve our marketing organization, build our iconic brands and drive global growth for the company,” said J.P. Bilbrey, chairman, president and CEO of The Hershey Co.
Mike Wege, former chief marketing officer, has been appointed senior vice president and chief administrative officer, he also continues as a member of the company’s Global Leadership Team. In this role, Wege will continue to lead the company’s global organizational agility and growth initiative and other strategic projects for the company.
“Mike is a highly experienced leader, and I appreciate his commitment to help position the company for future growth as we accelerate our business in new markets around the world,” added Bilbrey.
Horst is a marketing veteran with more than 25 years of experience at companies including General Mills, Verizon Business Online, Ameritrade and Capital One. As senior vice president of brand marketing at Capital One, he supported Capital One’s diversified businesses in credit cards, branch and Internet banking, home loans, small business and personal lending, auto finance and international markets. His team was responsible for driving integrated marketing, new product development and market research.
Horst holds an M.B.A. in Marketing & General Management from Dartmouth College, Tuck School of Business and a B.A. in History and Literature from Harvard.