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    Hostess Brands Inc. To Scale Executive Compensation In Response To Creditor Allegations

    April 11, 2012
    Gregory Rayburn, chief executive officer of Hostess Brands Inc., said he is slashing executive compensation in the aftermath of creditor allegations that the company may have pushed management's salaries higher in the months leading up to its Chapter 11 bankruptcy filing in an effort to skirt bankruptcy rules.

    Gregory Rayburn, chief executive officer of Hostess Brands Inc., said he is slashing executive compensation in the aftermath of creditor allegations that the company may have pushed management's salaries higher in the months leading up to its Chapter 11 bankruptcy filing in an effort to skirt bankruptcy rules, according to The Wall Street Journal. To read the story, click here. 

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