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General Electric Company Message Board

  • augustllips augustllips Nov 19, 2012 10:51 AM Flag

    HEY GUYS THAT GOT SCR EWED BY HOSTESS - PUT $$$ IN THE O MARKET

     

    NOW!!!!!!

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    • silverspoon_rentseeker silverspoon_rentseeker Nov 19, 2012 12:16 PM Flag

      Ya think?

    • Pretty hard to do when they were paid minimum or near minimum wage.

      • 1 Reply to northvisitor34
      • Baggers & FAUX Comedy hour want you to believe it was the hourly workers & Union tat sank Hostess Brands. for the record, READ this:

        Hosetess Pay Increases…For Some…As the Company Slowly Goes Under

        As the company was asking for more givebacks from workers, a group of creditors said in court papers that the company “may have manipulated its executives’ salaries higher in the months leading up to its Chapter 11 filing,” again according to the WSJ. 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

 
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