William Pritchett Email and Phone Number
I am a seasoned global leader and trusted business partner with over 18 years of experience in developing and executing business and marketing strategies that drive outstanding growth, market share gains, and profitability. I have a unique and diverse background in General Management, Strategy, Operations, Marketing/Growth, Finance, and Transformation, acquired from working at The Hershey Company, Boston Consulting Group, and the US Navy.I am a dedicated team builder and people leader, known for creating and growing strong and diverse teams through internal development as well as identification and hiring of strong external talent. I am known as a collaborative and highly innovative problem-solver, capable of developing creative and disruptive solutions to important business problems and then leading cross-functional teams to execute them.Currently, as the CEO of Hershey Mexico, I lead a $250M Net Sales business across confectionary, baking, and snacking categories, with a team of over 2,000 colleagues and two in-country manufacturing plants. I have delivered double-digit Net Sales growth and significant market share gains, while expanding margins and strengthening brand equity. My mission is to create and grow a world-class consumer goods organization that delights consumers, customers, and colleagues, while delivering superior value to shareholders and society.Noted for:✔ Visionary and Strategic Leadership – Led Hershey International to new levels of growth, profitability, and market share leadership by developing new growth strategy, gaining approval from the Executive team and Board of Directors, and rolling out and implementing globally.✔ Global Growth and Innovation – Strengthened global brand equity by developing and commercializing platform-based innovation strategy, with strong $150M+ pipeline driving over 40% of growth for the business unit over 3 year period. ✔ Customer Collaboration – Forged strong relationships with key customers in both modern and traditional trade, resulting in winning key category captaincies in both global and national accounts.✔ Digital Transformation – Deployed digital commerce and marketing capability a across global organization, resulted in high double-digit eCommerce sales growth in all focus marketsExecutive Strengths that Drive Business SuccessGeneral Management | Growth Strategy | Commercial P&L Delivery | Transformation | Category & Brand Strategy | Data and Analytics | Commercial Finance | M&A | Consumer & Category Insights | Innovation Strategy | Customer Relationships | Team Builder
The Hershey Company
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Ceo, Hershey MexicoThe Hershey Company Sep 2022 - PresentHershey, Pennsylvania, UsDirect general management and P&L responsibility for Hershey Mexico, a $250M Net Sales business across confectionary, baking, and snacking categories. Manage team of over 2,000 colleagues across Sales, Marketing, Finance, HR, R&D, and Supply Chain, including two in-country manufacturing plants.✔ Drove above-category (+100 bps) chocolate growth against aggressive competition, while expanding margin of chocolate portfolio through strategic revenue growth management. ✔ Expanded Pelon Pelo Rico, an iconic Mexican sweets brand, to the US market with a new distributor-based GTM model driving over $10M in Net Sales from a zero starting point in under 3 years.✔ Led strategic portfolio transformation, divesting slow-growth, low margin flavored milk business to invest resources into new white spaces of food service and baking, driving accretive net sales growth of over 50% in these areas.✔ Brought digital capabilities to a new level, implementing S4/Hana SAP, deploying retail execution platform to 500 merchandisers, and overhauling holistic business planning process through a major technology upgrade. -
Vice President And General Manager, Hershey China And Hershey World Travel RetailThe Hershey Company Jun 2020 - Sep 2022Hershey, Pennsylvania, UsDirect general management and P&L responsibility for both Hershey China, a $50M Net Sales business as well as Hershey´s World Travel Retail/Duty Free business, a $75M Net Sales business with a global footprint.✔ Increased net sales growth of core World Travel business to 30% CAGR (from a historical rate of 10%) by increasing Europe airport penetration and entering new shopper segments.✔ Identified and entered incremental and accretive segments in duty-free border stores and ferry operators, adding an incremental 1,000 bps of growth over a 3-yr period.✔ Led multi-year business model transformation that improved China Operating Income by over $40M, making the China business profitable for first time ever. -
Chief Financial And Growth Officer, Hershey InternationalThe Hershey Company Feb 2020 - Sep 2022Hershey, Pennsylvania, UsServed simultaneously as Chief Growth Officer and Chief Financial Officer for Hershey International, a $1B+ global business unit operating in over 60 countriesAs Chief Growth Officer: Led Strategy, M&A, Marketing, Innovation, eCommerce and Consumer Insights. Responsible for a central center of excellence (COE) team including the CMO, with a global matrixed team of ~75 colleagues. As Chief Financial Officer: Led all aspects of Finance for the International business unit, including Commercial Finance, FP&A, Controlling, Treasury and Tax. Directly led a global team of 6 Directors and ~150 colleagues.✔ Developed and executed new International growth strategy to drive above category top- and ottom-line growth and grow global market share. International net sales grew high single digits even through COVID declines.✔ Overhauled Innovation strategy, creating a set of focused, consumer- and occasion-relevant platforms, driving over $150M in growth over 3-yr period (over 40% of total business unit growth). ✔ Led the installation and rollout of critical capabilities in data analytics, digital marketing, and eCommerce across markets, driving 3 years of market share gains across all Hershey focus markets.✔ Implemented “Fuel For Growth” program to improve all aspects of margin management, including pricing, revenue management, and continuous improvement. Increased International gross margins by 200 bps over a 3-year period while still maintaining outsized topline growth. -
Vice President Strategy, Advanced Analytics, Portfolio Management, And TransformationThe Hershey Company Apr 2017 - Feb 2020Hershey, Pennsylvania, UsResponsible for corporate, regional, business unit, and M&A/partnerships strategy as well as advanced analytics / commercial data science. Led 20-person global team in leveraging disparate data sources to uncover insights and identify strategic opportunities to help drive growth and improve long-term shareholder return. ✔ Working with CEO and executive leadership team, as well as the Board of Directors, led development of aspirational 10-yr enterprise “Innovative Snacking Powerhouse” vision and 3-yr strategic plans to drive against that vision. Turned around Hershey relative TSR performance from bottom to top quartile among Food Group peers. ✔ Led Transformation Office, responsible for planning, resourcing, delivery, and financials of a major enterprise transformation that resulted in a profitability improvement of ~$100M for the enterprise as well as a 3-year roadmap of prioritized capability investments.✔ Led target identification and pre-due diligence for Hershey´s acquisition of Amplify, a $1B+ Salty Snacks company. Contributed directly to enabling Hershey´s category expansion strategy and driving over $300M of growth over 3-year period. -
Vice President Strategy And Strategic PlanningThe Hershey Company Dec 2013 - Apr 2017Hershey, Pennsylvania, UsResponsible for organic and inorganic strategy development and execution at the enterprise and business unit level. Led 10-person global team with and served as key adviser to CEO and regional/category Business Unit Presidents.✔ Overhauled strategic planning process, enabling executive leadership team and general managers to engage on key enterprise-level strategic tradeoffs, better tie to financial outcomes, and improve decision-making process.✔ Developed premiumization strategy for key emerging market, leading to over 20% annual sales CAGR and over $15M in operating income improvement.✔ Led Hershey’s global M&A strategy, category/geography prioritization, target identification, business case development, and integration strategy, leading to multiple accretive acquisitions (over $500M in total) in core and adjacent categories. -
PrincipalThe Boston Consulting Group Sep 2006 - Dec 2013Boston, Massachusetts, UsCore member of BCG's global Corporate Development Practice Area (CDPA), with experience in retail/consumer goods, health care, strategic partnerships, M&A, transformation, store operations, R&D, and strategyPrincipal (2010-2013) Select case experience includes:✔ Drove major transformation for a top-10 global consumer healthcare company, including development of portfolio and business development strategy, management of major strategic partnership deals, and organizational redesign.✔ Led multiple modules in M&A/Business Development, R&D, and Commercial for a major transformative integration; designed and launched External Partnerships functionProject Leader (2008-2010) Select case experience includes:✔ Evaluated expansion into an adjacent market for a retail company, including evaluation of strategic fit, growth/synergy opportunities, and potential M&A targets. ✔ Developed product strategy for a major pharmacy benefits manager, including brand positioning, consumer targeting strategy, GTM approach, and analysis of program economics.Consultant (2006-2008) Select case experience includes:✔ Developed a long-range manufacturing strategy for a top consumer goods company, including plans for entry and expansion in key high growth markets.✔ Led eCommerce redesign effort for major retailer, resulting in both measurable gains in online sales as well as increased in-store traffic due to targeted programs.
William Pritchett Education Details
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Harvard Business SchoolAnd Finance -
The University Of Texas At AustinElectrical And Electronics Engineering -
United States Naval AcademySystems Engineering
Frequently Asked Questions about William Pritchett
What company does William Pritchett work for?
William Pritchett works for The Hershey Company
What is William Pritchett's role at the current company?
William Pritchett's current role is C-Level International Executive | General Manager Mexico @ The Hershey Company | Consumer Goods Expert | Chief Financial and Growth Officer | Enterprise and BU Strategy | Transformation | Hershey | Former BCG.
What schools did William Pritchett attend?
William Pritchett attended Harvard Business School, The University Of Texas At Austin, United States Naval Academy.
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