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HBI » Topics » EXECUTIVE COMPENSATION

This excerpt taken from the HBI 10-K filed Sep 28, 2006.
EXECUTIVE COMPENSATION
 
As noted throughout this Annual Report on Form 10-K, we were a wholly-owned subsidiary of Sara Lee until September 5, 2006, the date of the spin off. Because this report covers the fiscal year ended July 1, 2006, the compensation discussion that follows relates to the compensation practices of Sara Lee and does not necessarily reflect the compensation we will pay in the future. Future compensation levels could be higher or lower, because historical compensation was determined by Sara Lee and future compensation levels will be determined based on the compensation policies, programs and procedures to be established by our Compensation and Benefits Committee.
 

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