Hostess Brands Appoints Darryl Riley to Be Company’s First Chief Sustainability Officer
June 30 2022 - 8:30AM
Business Wire
Reporting to the CEO, Position Underscores
Hostess Brands’ Focus on Sustainability
Hostess Brands, Inc. (NASDAQ: TWNK), a leading sweet snacks
company, today announced that Darryl Riley has been appointed to
the newly created position of Chief Sustainability Officer,
effective immediately. Riley, who most recently served as Senior
Vice President, Quality, Food Safety and R&D, will report to
Andy Callahan, President and CEO of Hostess Brands.
“As Hostess Brands continues to focus on building a socially
responsible, modern-day snacking powerhouse, we believe dedicating
an executive leadership position to sustainability will drive
continued progress and integration,” said Callahan. “With his deep
industry expertise and operational experience, Darryl is the ideal
leader to help us integrate our sustainability-first approach with
our sustainable profitable growth mindset.”
In his new role, Riley will expand the company’s capabilities to
develop and execute strategies to drive its Environmental, Social
and Governance (ESG) objectives and initiatives. Riley also will
lead efforts to develop awareness, education, training, and
measurement programs that inspire employees to embrace
sustainability and further integrate ESG into the company
culture.
Riley joined Hostess Brands in 2016 as Senior Vice President,
Quality, Food Safety and R&D. Prior to joining Hostess Brands,
he held positions of increasing responsibility at various food
companies, including Kraft Heinz and Kellogg Company. Riley earned
his bachelor's degree in chemical engineering from the New Jersey
Institute of Technology.
Hostess Brands also announced that Mike Cramer, Executive Vice
President and Chief Administrative Officer, who was critical in
establishing the Hostess Brands corporate sustainability framework,
including our Corporate Responsibility Reports in 2021 and 2022,
will transfer ESG responsibilities to Riley. Cramer will continue
to be a member of the leadership team with primary responsibility
for government & labor relations, mergers & acquisitions
(M&A), along with special projects for the CEO and the board of
directors, effective immediately.
“Mike’s contributions to building the modern-day Hostess Brands
since our 2013 relaunch under a bold new vision and operating model
have been immeasurable, and we are fortunate to have Mike’s
knowledge and wisdom as we continue our growth journey,” said
Callahan.
Cramer has served in his current role since 2013. Prior to that,
he held various executive roles with several private and public
consumer products companies, including Pabst Brewing Company,
Pinnacle Foods, Ghirardelli Chocolate, International Home Foods and
The Morningstar Group. He also was the President and Chief
Operating Officer of Southwest Sports Group and President and Chief
Operating Officer of the Texas Rangers and Dallas Stars. He is a
Senior Fellow in the College of Communication at the University of
Texas at Austin, and he earned his juris doctor degree at Marquette
University Law School.
About Hostess Brands, Inc.
Hostess Brands, Inc. is a leading sweet snacks company focused
on developing, manufacturing, marketing, selling and distributing
products in North America under the Hostess® and Voortman® brands.
The Company produces a variety of new and classic treats, including
iconic Hostess® Donettes®, Twinkies®, CupCakes, Ding Dongs® and
Zingers®, as well as a variety of Voortman® cookies and wafers. For
more information about Hostess Brands, please visit
hostessbrands.com.
Forward-Looking Statements
This press release contains statements reflecting our views
about the future performance of the company that constitute
"forward-looking statements" that involve substantial risks and
uncertainties. Forward-looking statements are generally identified
through the inclusion of words such as "believes," "expects,"
"intends," "estimates," "projects," "anticipates," "will," "plan,"
"may," "should" or similar language. Statements addressing our
future operating performance and statements addressing events and
developments that we expect or anticipate will occur are also
considered forward-looking statements. All forward-looking
statements included herein are made only as of the date hereof. We
undertake no obligation to update any forward-looking statement,
whether as a result of new information, future events or
otherwise.
As a result of a number of known and unknown risks and
uncertainties, the company's actual results or performance may be
materially different from those expressed or implied by these
forward-looking statements. Risks and uncertainties are identified
and discussed in Item 1A-Risk Factors in the company's annual
report on Form 10-K for 2021 filed on March 1, 2022. All subsequent
written or oral forward-looking statements attributable to us or
persons acting on the company's behalf are expressly qualified in
their entirety by these risk factors.
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version on businesswire.com: https://www.businesswire.com/news/home/20220630005210/en/
Investor contact Amit Sharma
asharma@hostessbrands.com
Media contact Carly Schesel carly.schesel@clynch.com
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