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Re: Salary Increases at Hostess

By: joe-taylor in FFFT | Recommend this post (0)
Sun, 18 Nov 12 1:52 AM | 22 view(s)
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Msg. 47770 of 65535
(This msg. is a reply to 47769 by weco)

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Weco,

In the good times you give wage increases because the times were good! In the bad times, you give wage increases because of the tough decisions that you have to make and the tough choices that must be made!

Regards,


Joe


To say that "God exists" is the greatest understatement ever made across space and time.




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The above is a reply to the following message:
Salary Increases at Hostess
By: weco
in FFFT
Sun, 18 Nov 12 1:39 AM
Msg. 47769 of 65535

Salary Increases at Hostess

Some creditors question Hostess pay raises approved in late July a year ago

Brian Driscoll, CEO, around $750,000 to $2,550,000
Gary Wandschneider, 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, $375,000 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 to $273,008

meanwhile they’re asking employees to give back their pensions that they’ve earned for 25 years. Hostess was very profitable for the last 30 years with unions.


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