Hostess Brands CEO William Toler to retire
This is effective March 1, 2018 or sooner if a replacement is appointed.
Mr. Toler will remain on the Company’s Board of Directors.
Mr. Toler has served as President and Chief Executive Officer since April 2014 and a member of the Board of Directors since June 2017.
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, Mr. Toler served from September 2008 to September 2013 as the Chief Executive Officer of AdvancePierre Foods, a 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. ■