and They do it again

[sniper3726]

Originally Posted by Top Dawg

According to the creditors’ court filing, the following Hostess executives saw substantial salary increases in July 2011:

Brian Driscoll, CEO, from around $750,000 to $2,550,000
Gary Wandscheider, EVP, $500,000 to $900,000
John Stewart, EVP, $400,000 to $700,000
David Loeser, EVP, $375,000 to $656,256
Kent Magill, EVP, $375,000 to $656,256
Richard Seban, EVP, $375,00o to $656,256
John Akeson, SVP, $300,000 to $480,000
Steven Birgfeld, SVP, $240,000 to $360,000
Martha Ross, SVP, $240,000 to $360,000
Rob Kissick, SVP, $182,000 t0 $273,008
[Note: The WSJ article observes that some executives did not take the full raise.]

Take all the money and blame it on the uni

Ok this is roughly 4 million in raises . For a company the size of Hostess this in not a lot of money in the (overall picture) . And it is not what put them into bancrtrupcy . BUT it does SEEM as If they knew it were coming an greed took over . And let me say I have no issue with any size salary as long as the company is profitable and it is relative to job duties , and responsibility .