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Sara Lee Names CEO as it Restructures
NEW YORK - Feb 10/05 - SNS -- Sara Lee Corporation named Brenda Barnes its new chief executive officer, effective immediately, while Steven McMillan will remain chairman through October.
With the change, the company is also reorganizing itself to create three lines of business.
North American Retail will include the bakery, packaged meats and Senseo coffee retail businesses in North America. CJ Fraleigh will lead this business.
North American Foodservice will include the bakery, coffee and meats foodservice businesses in North America. James Nolan, who is currently executive vice president of U.S. operations for PepsiAmericas Inc., will join Sara Lee on February 21 to head this division.
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