Sara Lee Corporation Sara Lee Corporation Names Maria Henry Chief Financial Officer of North American Business
07 Juli 2011 - 4:09PM
UK Regulatory
TIDMSRL
Sara Lee Corp. (NYSE:SLE) announced today that it has named
Maria Henry chief financial officer of Sara Lee's North American
operations, effective July 18, 2011. She will serve as the chief
financial officer for Sara Lee after the spin-off of the
International Coffee and Tea business is complete in spring
2012.
Henry, 44, will have responsibility for planning, implementing,
managing and controlling all financial-related activities for the
North American business. After the spin-off, she will also lead the
accounting, tax, treasury, investor relations, financial shared
services and information technology (IT) functions. Henry will
report to CJ Fraleigh, chief executive officer, Sara Lee North
America.
"Maria is a true asset to our leadership team," said Fraleigh.
"She's an experienced, results-oriented finance executive who has
worked with large multinational organizations and small and
mid-sized companies, both public and private. I expect her to
quickly contribute to our business as we continue to prepare for
our debut as a stand-alone, publicly-traded company."
Henry joins Sara Lee from Culligan International, where she
served as executive vice president and chief financial officer and
led the finance organization as well as IT, strategy and business
development. Prior to Culligan, Henry was the chief financial
officer for Vastera, a global trade management solutions company,
held various financial and strategic leadership positions for
private equity firm Clayton, Dubilier & Rice's portfolio
companies and served as chief financial officer for U.S. Office
Products. She also served as vice president, investor relations for
Wang Global, and began her career at General Electric, where she
participated in GE's Financial Management Training program.
Henry earned a bachelor's degree in finance from the University
of Maryland.
About Sara Lee Corporation
Each and every day, Sara Lee (NYSE: SLE) delights millions of
consumers and customers around the world. The company has one of
the world's best-loved and leading portfolios with its innovative
and trusted food and beverage brands, including Ball Park, Douwe
Egberts, Hillshire Farm, Jimmy Dean, Sara Lee and Senseo.
Collectively, our brands generate nearly $9 billion in annual net
sales from continuing operations. Sara Lee has approximately 20,000
employees in its continuing operations worldwide. In January, 2011,
Sara Lee Corp. announced that it will divide the company into two
pure play publicly-traded companies. One company will be focused
around the current International Coffee and Tea business, while the
other company will be focused on the North American Retail Meats
and North American Foodservice businesses. For more information on
this news, and on Sara Lee's brands, please visit
www.saralee.com.
Sara Lee CorporationMedia: Alissa Bolton,
+1.630.598.8123Analysts: Melissa Napier, +1.630.598.8739
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