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Hostess Brands Inc (TWNK.OQ)

TWNK.OQ on NASDAQ Stock Exchange Capital Market

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19 Oct 2018
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Summary

Name Age Since Current Position

C. Dean Metropoulos

71 2018 Executive Chairman of the Board

Andrew Callahan

52 2018 President, Chief Executive Officer

Thomas Peterson

45 2016 Chief Financial Officer, Executive Vice President

Andrew Jacobs

50 2017 Executive Vice President, Chief Operating Officer

Michael Cramer

65 2016 Executive Vice President, Chief Administrative Officer

Jolyn Sebree

46 2016 Senior Vice President, General Counsel and Corporate Secretary

Stuart Daley

55 2018 Senior Vice President-Operations & Supply Chain

Darryl Riley

58 2016 Senior Vice President of Quality, Food Safety and R&D

William Toler

58 2018 Director

Laurence Bodner

55 2016 Independent Director

Gretchen Crist

50 2018 Independent Director

Neil DeFeo

72 2016 Independent Director

Jerry Kaminski

61 2016 Independent Director

Craig Steeneck

60 2016 Independent Director

Katie Turner

IR Contact Officer

Biographies

Name Description

C. Dean Metropoulos

Mr. C. Dean Metropoulos is Executive Chairman of the Board of the Company. Mr. Metropoulos has served as the Executive Chairman of the board since the Business Combination. Mr. Metropoulos will serve as our interim President and Chief Executive Officer from March 31, 2018 until May 7, 2018. Mr. Metropoulos is Chairman of Round Hill Investments LLC (f/k/a Metropoulos & Co.), a boutique acquisition and management firm focusing on the food and consumer sectors. From 2013 until the Business Combination, Mr. Metropoulos served as the Executive Chairman of certain subsidiaries of Hostess and member of the Hostess board. Mr. Metropoulos has over 30 years of experience in acquiring and restructuring businesses in the U.S., Mexico and Europe and has been involved in approximately 80 transactions, including investments in Pabst Brewing Company, Pinnacle Foods Group, Inc. (Swanson/Hungry-Man, Vlasic Pickles, Open Pit Barbeque Sauce, Duncan Hines, Log Cabin Syrup, Mrs. Butterworth’s Syrup, Aunt Jemima Frozen Breakfast, Mrs. Paul’s Seafood, Van De Kamp’s Seafood, Celeste Pizza, & Lender’s Bagels), Aurora Foods, Stella Foods, The Morningstar Group, International Home Foods (Chef Boyardee, Pam Cooking Spray, Gulden’s Mustard & Bumble Bee Tuna), Ghirardelli Chocolates, Mumm and Perrier Jouet Champagnes and Hillsdown Holdings, PLC (Premier International Foods, Burtons Biscuits and Christie Tyler Furniture), among others. Mr. Metropoulos holds a B.S. and an M.B.A. from Babson College.

Andrew Callahan

Mr. Andrew P. Callahan has served on our board of directors since April 2018 and will serve as our President and Chief Executive Officer effective May 7, 2018 . He most recently served as the President of North American Foodservice & International at Tyson Foods, Inc. (“Tyson Foods”), one of the world’s largest producers of meat and prepared food products from February 2017 until September 2017. While at Tyson, Mr. Callahan also managed Tyson’s retail consumer brands, as President of Retail Packaged Brands, including iconic brands such as Tyson®, Jimmy Dean®, Hillshire Farm®, Sara Lee®, Aidells® and Ball Park®, from August 2014 to February 2017. He served as an Executive Vice President and President of Retail at The Hillshire Brands Company (formerly known as Sara Lee Corporation), a producer of packaged meat and frozen bakery products, from June 2012 until its acquisition by Tyson Foods in August 2014. Prior to joining The Hillshire Brands Company, Mr. Callahan served in positions of increasing responsibility in marketing, sales and general management for Sara Lee Corporation and Kraft Foods, Inc. Prior to joining Kraft Foods, Inc., Mr. Callahan spent seven years in the U.S. Navy as a Naval Flight Officer. Mr. Callahan previously served on the Board of Directors for the Grocery Manufacturers Association (GMA), the International Foodservice Manufacturers Association (IFMA), as well as the Make-A-Wish Foundation of Illinois.

Thomas Peterson

Mr. Thomas Peterson is Executive Vice President, Chief Financial Officer of the Company. Prior to that he was employed at Hostess as the Senior Vice President and Corporate Controller from April 2013 through February 2016. Prior to joining Hostess, he served as a Managing Director for FTI Consulting from March 2011 to April 2013. Prior to this role, from January 2009 to March 2011, he served as a Director for FTI Consulting.

Andrew Jacobs

Mr. Andrew Wilson Jacobs serves as Executive Vice President, Chief Operating Officer of the Company. Mr. Jacobs has been the Company’s Executive Vice President and Chief Commercial Officer since June 2017. Prior to that, he served as the Company’s Senior Vice President and Chief Customer Officer from September 2014 through May 2017 and Senior Vice President, Strategic Channels from February 2014 through September 2014. Prior to joining Hostess, Mr. Jacobs served as President of Wolfgang Candy Company from September 2012 until February 2014 and was Vice President and General Manager (US Customers) for The Hershey Company from September 2003 through May 2012. Mr. Jacobs received a bachelor’s degree in history and communications from Denison University and a master’s degree in business administration from Wake Forest University Babcock Graduate School of Management.

Michael Cramer

Mr. Michael Cramer is Executive Vice President, Chief Administrative Officer of the Company. From June 2010 through November 2014, he served as Senior Vice President and Director of Pabst Brewing Company. From March 2004 through June 2008, he served as Executive Vice President for Pinnacle Foods.

Jolyn Sebree

Ms. Jolyn Sebree is Senior Vice President, General Counsel, Corporate Secretary of the Company. From March 2012 through April 2013, she served as Senior Vice President, Acting General Counsel and Corporate Secretary at Hostess Brands, Inc. Prior to this role, she served as Vice President, Assistant General Counsel at Hostess Brands, Inc. from August 2011 to March 2012.

Stuart Daley

Mr. Stuart S. Daley has served as Senior Vice President, Operations & Supply Chain since March 2018. From June 2016 through February 2018, he served as Senior Vice President, Operations & Supply Chain for Chameleon Cold Brew, LLC (a NestleUSA company). From March 2014 through April 2016, he served as Senior Vice President, Manufacturing, Supply Chain & Research and Development for Lily of the Desert Nutraceuticals. From August 2012 through March 2014, he served as Senior Vice President, Technical Sales & Business Development for Blue California. From July 2007 through July 2012, he served as Director, Global

Darryl Riley

Mr. Darryl P. Riley is Senior Vice President of Quality, Food Safety and R&D of the Company. Mr. Riley served as President of Total Food Safety Management, overseeing Quality and Food Safety. Prior to this position he served as Vice President, R&D, Quality, & Innovation at Kraft Foods Company from September 2013 to August 2015. From July 2004 through August 2013, he served as Vice President, Research, Quality, & Technology at the Kellogg Company.

William Toler

Mr. William Douglas Toler is Director of the company. He is no longer President, Chief Executive Officer of the Company effective March 1, 2018. He brings more than 30 years of consumer packaged goods industry experience to Hostess. Prior to joining Hostess, he worked as an operating partner at Oaktree Capital from October 2013 to April 2014. Prior to that, he served from September 2008 to September 2013 as the Chief Executive Officer of AdvancePierre Foods, Inc., a leading supplier of value-added protein and hand-held convenience products to the food service, school, retail, club, vending and convenience store markets. Prior to joining AdvancePierre, Mr. Toler was President of Pinnacle Foods from July 2005 to September 2008. He has also held key positions at ICG Commerce, Campbell Sales Company, Nabisco, Reckitt & Colman and Procter & Gamble.

Laurence Bodner

Mr. Laurence Bodner is Independent Director of the Company Mr. Bodner has served as a Senior Advisor at Advent International in its global retail, consumer and leisure team since March 2016. Mr. Bodner served as Executive Vice President, Chief Financial Officer and Treasurer of Big Heart Pet Brands (formerly Del Monte Foods) from 2011 through July 2015. He joined Del Monte Foods in 2003 and served the company for 12 years in increasing levels of responsibility across the Finance and Operations functions. Prior to Del Monte Foods, Mr. Bodner also held senior financial positions at Walt Disney Company as well as The Procter & Gamble Company. Since April 2015, Mr. Bodner has served on the board of directors of Hearthside Foods, a leading bakery, snack and customized solutions contract manufacturer for packaged food products in North America and Europe. Mr. Bodner received his MBA in Finance from Duke University and BA in Economics from Dickinson College.

Gretchen Crist

Ms. Gretchen R. Crist is Independent Director of the company. She has served as the Chief Human Resources Officer for the Henkel Corporation in North America since September 2016, which is part of Henkel, KGA, a large multi-national public company headquartered in Germany that manufactures adhesive technologies, beauty care products and laundry and home care products. Prior to Henkel, she served as Senior Vice President and Chief Human Resources Officer for The Sun Products Corporation, a company she helped found in 2008 as the third employee. Prior to joining The Sun Products Corporation, Ms. Crist was Vice President of Human Resources and Chief Human Resources officer for Playtex Products Corp., a New York Stock Exchange listed company, that manufactures personal care products. Ms. Crist joined Playtex in 1995 and held positions of increasing responsibility until being named Chief Human Resources Officer in 2005. Prior to Playtex, Ms. Crist served in various human resources, talent acquisition and labor relations roles with New Power Corporation, Altria and Nestle Waters. Ms. Crist is a member of the society of Human Resources Management, GMA Human Resources Group and Peer 150 HR Group. She is also past Executive Committee member of the Board and Secretary of Make-A-Wish Foundation of Connecticut (2009-2015). She currently serves on the Make-A-Wish Governance Committee for Connecticut.

Neil DeFeo

Mr. Neil P. DeFeo is Independent Director of the Company. Mr. DeFeo is an active corporate advisor and board member. Since 2012, Mr. DeFeo has served as a Senior Advisor to CHARLESBANK Capital Partners. He retired in 2012 as Chairman and in 2011 as CEO of The Sun Products Company, a private $1.5 billion company he helped found in 2008. Prior to that he held Chairman/CEO positions with the NYSE-listed Playtex Products Corporation (2004 — 2007) and The Remington Products Corporation (1997 — 2003). Mr. DeFeo began his career with The Procter and Gamble Company, where he held various positions of increasing responsibility over a 25 year career, leaving as VP/Managing Director Worldwide Strategic Planning — Laundry and Cleaning. Following Procter and Gamble, Mr. DeFeo became EVP — US Operations for the Clorox Company, with direct responsibility for all of its U.S. business. Mr. DeFeo currently serves on the board of directors of Driscoll’s, a private agriculture company, where he chairs the compensation committee and serves on the company’s nominating and governance committee (1998 — current), and he is also Chairman of the board of directors of Peacock Foods, a Chicago-based food packaging company controlled by CHARLESBANK Capital Partners (2012 — current). In addition, Mr. DeFeo serves on the board of directors of The Prostate Cancer Foundation, a not for profit corporation focused on funding research into the prevention and cure of prostate cancer, and served on the board of trustees of Manhattan College (2000 — June 2015) and on the board of trustees for the Yale New Haven Hospital System (2012 — February 2015). Over a 40+ year career Mr. DeFeo has served on over 25 boards, both public and private, business and non-profit. He has been involved with over 50 different businesses and brands. Mr. DeFeo holds a bachelor’s degree in Electrical Engineering from Manhattan College, where he also served for 15 years as a director.

Jerry Kaminski

Mr. Jerry D. Kaminski is Independent Director of the Company. Since January 2014, Mr. Kaminski has served as Executive Vice President and Chief Operating Officer of the Land O’Lakes, Inc. International business, leading commercial business ventures outside of the United States. The company currently exports products to over 50 countries and has established International as a primary growth platform. Mr. Kaminski oversees Land O’Lakes Global Dairy Ingredients, the Villa Crop Protection joint venture in South Africa, the Bidco Africa joint venture in Kenya and Global Seed Genetics in Mexico. Prior to his current role, Mr. Kaminski was the Executive Vice President and Group Executive of Global Dairy Foods from January 2012 to December 2013, where he led $5B P&L consisting of the entire Land O’Lakes dairy portfolio: Retail Dairy, Foodservice and Global Ingredients. From January 2010 to December 2011, Mr. Kaminski held the position of Executive Vice President and Chief Operating Officer of Industrial Foods, which consisted of the Land O’Lakes domestic dairy ingredients business. Mr. Kaminski was Vice President and General Manager of Dairy Solutions, where he ran Land O’Lakes’ domestic Foodservice business when he joined the company in March 2007 to January 2010. Before joining Land O’Lakes, Mr. Kaminski served as a Vice President and General Manager at General Mills, where he held various leadership positions in the retail and business-to-business segments. Mr. Kaminski also served as President and Chief Operating Officer at Sparboe Foods. In addition, Mr. Kaminski has been on the board of directors of the Global Dairy Platform since 2012, which is an association of the world’s largest dairy companies promoting sustainable dairy consumption. Mr. Kaminski holds a bachelor’s degree in Accounting and Finance from the University of Wisconsin and an MBA in Marketing from the Kellogg Graduate School of Management at Northwestern University.

Craig Steeneck

Mr. Craig D. Steeneck is Independent Director of the Company. Mr. Steeneck has been a member of the board of directors of Freshpet, Inc. since November 2014. Mr. Steeneck has served as the Executive Vice President and Chief Financial Officer of Pinnacle Foods Inc. since July 2007, where he oversees the company’s financial operations, treasury, tax and information technology. From June 2005 to July 2007, Mr. Steeneck served as Executive Vice President, Supply Chain Finance and IT of Pinnacle Foods, helping to redesign the supply chain to generate savings and improved financial performance. From April 2003 to June 2005, Mr. Steeneck served as Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Cendant Timeshare Resort Group (now Wyndham Worldwide), playing key roles in wide-scale organization of internal processes and staff management. From March 2001 to April 2003, Mr. Steeneck served as Executive Vice President and Chief Financial Officer of Resorts Condominiums International, a subsidiary of Cendant. From October 1999 to February 2001, he was the Chief Financial Officer of International Home Foods Inc. Mr. Steeneck is also a Certified Public Accountant in the State of New Jersey. Mr. Steeneck provides the board of directors with extensive management experience in the consumer packaged goods industry as well as accounting and financial expertise.

Katie Turner

Basic Compensation