Food Engineering
Home
Hostess

Hostess issues statement on executive compensation

As company winds down, some will get bonuses

By Shane O'Halloran
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.

Shane O’Halloran joined Food Engineering in November of 2012 as Digital/Online Editor. He graduated from Oberlin College in 2010, and worked as a copy editor and contributor to BleacherReport.com and ShesGameSports.com. He has also written feature articles on a freelance basis for publications in the western suburbs of Philadelphia. His areas of expertise include social media campaigns and website management. Shane produces daily news updates for www.foodengineeringmag.com and Food Engineering’s social media sites. In addition, Shane writes news articles for FE’s TechFlash e-newsletter and Food Engineering’s People and Industry section.