Hostess Brands: Announces New Chief Financial Officer

Lenexa / KS. (twnk) Hostess Brands Inc., a leading sweet snacks company, announced that Travis Leonard will join the Company on May 11, 2022, as Chief Financial Officer. Leonard will oversee all financial matters as the Company works to implement and deliver the long-term growth algorithm announced at its Investor Day on March 1. He succeeds interim CFO Mike Gernigin, who has been acting in this role since November 2021 and will remain with the Company as Chief Accounting Officer. Gernigin will report to Leonard.

«We are extremely pleased to welcome Travis to our leadership team and grateful to Mike for stepping up to ensure continuity throughout this transition,» said Andy Callahan, President and CEO of Hostess Brands. «Travis’ expertise will be invaluable as we continue our efforts to build a snacking powerhouse and achieve cross-channel growth. Our entire leadership team looks forward to partnering with Travis as we work to drive continued revenue growth, industry-leading margins and generate top-tier returns for our shareholders.»

Leonard joins Hostess Brands with more than 25 years of global financial executive experience. Prior to joining Hostess Brands, he served as senior vice president and CFO of the Medical segment at Cardinal Health, where he led a global finance organization supporting a USD 16.7 billion revenue medical products, distribution, and services business. He joined Cardinal Health in 2018 as Corporate Treasurer. Prior to this, he served in finance and corporate audit roles at Cargill. Earlier in his career, he spent nearly 14 years in various finance roles of increasing responsibility across multiple businesses at Kraft Foods.

«Hostess Brands is a strong company with an agile and innovative culture, and I am excited to be part of its ongoing success story,» said Travis Leonard. «There are significant growth opportunities ahead and I look forward to delivering top-tier performance and results for our employees, customers and shareholders.»

Leonard earned his BS in finance and graduated with honors from the University of Illinois at Urbana-Champaign. He also holds an MBA from Northwestern University’s Kellogg School of Management.