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.
Basically, he just told all the employees "Fuck You".
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