The company's CEO said the year-on-year outcome was in line with expectations.

Market analysis projects the lag in the world's cocoa supply will lead to more price increases.

Natasha Chen will succeed Ben De Schryver as president of the company's North American division.

The chocolate maker said Howard Schultz will provide valuable insights.

Price surges in cocoa bean futures are reaching the consumer level.

Record-high cocoa bean prices figure to impact demand for products.

Global deficits are likely to continue supporting high prices.