Byline: Tom Dochat

Oct. 10--David J. West, appointed last week as the new CEO of The Hershey Co., will receive an annual salary of at least $1 million under a three-year employment agreement that became effective Oct. 2.

West also will be entitled to an annual target bonus of at least 100 percent of his base salary if the company meets certain performance goals.

His compensation is detailed in a document filed Tuesday with the Securities and Exchange Commission.

West, 44, received a salary of $485,000 last year when he was senior vice president and chief financial officer. He was promoted to chief operating officer in January and was named president and CEO ...