Food Engineering

Hostess issues statement on executive compensation

As company winds down, some will get bonuses

December 5, 2012

Hostess Brands to Shutter Company in Wake of Strike, Bankruptcy

Hostess Brands Inc. issued a statement regarding executive compensation as the company winds down. It noted that Chairman and CEO of Hostess Brands Gregory Bradburn‘s status as a retained professional in the company’s bankruptcy proceedings means his compensation is subject to the final approval of the court, and that he is not included in the Court-approved $1.75 million executive compensation plan for the company’s wind down. To read the full statement, click here.