COVID Stimulus Watch Individual Entry
Recipient Company:
HERSHEY COMPANY
Loan or Loan Guarantee Amount:
$2,522,163
Recipient Details
Ownership Structure: publicly traded (ticker symbol HSY)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Hershey
Headquartered in: Pennsylvania
Parent Sector: food products
Parent Industry: food products
Employees (prior to pandemic): 16,140
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $90,481
Consumer Protection / Financial / Competition-related Penalties: $186,673
Ratio of CEO Pay to that of Median Worker: 441 to 1
CEO Compensation: $16,787,188
Worker Median Pay: $38,099
Total Federal, State, and Local Subsidies: $2,666,977
Federal Corporate Income Tax Rate: 13.7%
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues