COVID Stimulus Watch Individual Entry
Recipient Company:
Hershey Co/The
Loan or Loan Guarantee Amount:
$1,016,615
Recipient Details
Ownership Structure: publicly traded (ticker symbol HSY)
Award Details
Award Date: Oct 8, 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%
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