All Hostess Assets Sold Off
Metropoulos, Apollo Global Management, Flowers Foods, United States Bakery, McKee Foods and Grupo Bimbo all acquire pieces of the former Hostess Foods.
Alford tapped as new chief of Nestlé USA
Alford is currently president and CEO of Nestlé Brands, a unit of Nestlé USA, with such brands as Nestlé Crunch, Coffee-Mate, Taster's Choice and Nesquik. He also heads the company's North American food business and foreign trade/sales divisions.