Sara Lee (SLE) North America CEO Fraleigh Resigns

September 12, 2011 9:14 AM EDT
Sara Lee Corp. (NYSE: SLE) reports the resignation of CJ Fraleigh, chief executive officer of North America.

The company has commenced a search for Fraleigh’s successor, with the objective of making an appointment as soon as possible. In the interim, Sara Lee Corp. Chief Executive Officer Marcel Smits will also assume responsibilities for leading the North American business, and Fraleigh will be available to Smits during this transition.


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