$125,000 a month.

The acting CEO of Hostess Brands, the failed Twinkies-maker, will not
take part in a company-wide pay cut.

Though he imposed an 8 percent pay cut for all Hostess workers,
Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --
will remain unchanged, a company spokesman told The Huffington Post on
Monday. Rayburn is not on the Hostess payroll and therefore isn't
subject to the imposed pay cut, the spokesman explained.

Hostess appointed Rayburn, founder and owner of Kobi Partners, a
restructuring advisory firm, as acting CEO in March, two months after
the company filed for bankruptcy a second time.

Hostess' liquidation plan was approved last month, as were $1.8
million in bonuses for executives. Rayburn is "not eligible to receive
any bonuses, success fees, or severance," according to the spokesman.

The company's shutdown will cause about 18,000 people to lose their
jobs.

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit? The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.

In article ,
says...

On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

How often do you make bad decisions as the CEO of your company?

What is your pay compared to your employees pay?

$2.5 billion in annual revenue but you can't figure out how to make a
profit? The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

The operating performance of Hostess is horrible at $138,000. It should
be somewhere up above $200,000 or more.

Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.

Is your company unionized? Why?

On Dec 4, 7:28*am, BAR wrote:
In article ,
says...







On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:

Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
* * * * * * * * * Mikek

That's a sum total of 1 decision. *How many hundreds of bad decisions
have management made to get in this position? *Hundreds.

How often do you make bad decisions as the CEO of your company?

What is your pay compared to your employees pay?

$2.5 billion in annual revenue but you can't figure out how to make a
profit? *The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

The operating performance of Hostess is horrible at $138,000. It should
be somewhere up above $200,000 or more.

Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.

Is your company unionized? Why?

Unions didnt cause this.......

On 12/4/2012 12:45 PM, *e#c wrote:
On Dec 4, 7:28 am, BAR wrote:
In article ,
says...







On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:

Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

How often do you make bad decisions as the CEO of your company?

What is your pay compared to your employees pay?

$2.5 billion in annual revenue but you can't figure out how to make a
profit? The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

The operating performance of Hostess is horrible at $138,000. It should
be somewhere up above $200,000 or more.

Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.

Is your company unionized? Why?

Unions didnt cause this.......


You are right, the unions wanted to go along with it, it was the 3,000
greedy union "brothers" who ****ed the other 15,000 down the river..
Same way it happened at Finast, the top ten percent wage earners, ****
the rest for a few more bucks...

On 12/3/2012 10:13 PM, jps wrote:
On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit?
High gross revenue does not make a business profitable.

The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Ahh, the business is worth more in parts to the current owners than
the profit from business operations?
The logical thing is to break up the parts.
If you have a benevolent feeling with your money,
Invest in the infrastruction a business needs, hire people,
and payout all profits. You might wonder what those employees will do
when the economy turns down and you don't have the same profits and then
you must cut there pay. Oh, I forgot you don't paying them with your money.
Mikek
Mikek

On Tue, 04 Dec 2012 12:06:15 -0600, amdx wrote:

On 12/3/2012 10:13 PM, jps wrote:
On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit?
High gross revenue does not make a business profitable.

The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Ahh, the business is worth more in parts to the current owners than
the profit from business operations?
The logical thing is to break up the parts.
If you have a benevolent feeling with your money,
Invest in the infrastruction a business needs, hire people,
and payout all profits. You might wonder what those employees will do
when the economy turns down and you don't have the same profits and then
you must cut there pay. Oh, I forgot you don't paying them with your money.
Mikek
Mikek

$2.5 billion in annual sales and you can't find a way to make it work?

Baloney.

In article ,
says...

On Tue, 04 Dec 2012 12:06:15 -0600, amdx wrote:

On 12/3/2012 10:13 PM, jps wrote:
On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit?
High gross revenue does not make a business profitable.

The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Ahh, the business is worth more in parts to the current owners than
the profit from business operations?
The logical thing is to break up the parts.
If you have a benevolent feeling with your money,
Invest in the infrastruction a business needs, hire people,
and payout all profits. You might wonder what those employees will do
when the economy turns down and you don't have the same profits and then
you must cut there pay. Oh, I forgot you don't paying them with your money.
Mikek
Mikek

$2.5 billion in annual sales and you can't find a way to make it work?

Baloney.

http://en.wikipedia.org/wiki/Going_concern

On Tue, 04 Dec 2012 14:15:38 -0800, jps wrote:

On Tue, 04 Dec 2012 12:06:15 -0600, amdx wrote:

On 12/3/2012 10:13 PM, jps wrote:
On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit?
High gross revenue does not make a business profitable.

The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Ahh, the business is worth more in parts to the current owners than
the profit from business operations?
The logical thing is to break up the parts.
If you have a benevolent feeling with your money,
Invest in the infrastruction a business needs, hire people,
and payout all profits. You might wonder what those employees will do
when the economy turns down and you don't have the same profits and then
you must cut there pay. Oh, I forgot you don't paying them with your money.
Mikek
Mikek

$2.5 billion in annual sales and you can't find a way to make it work?

Baloney.

Easy. Reduce the exorbitant cost of union labor and bennies.