DOWNERS GROVE, Ill.--(BUSINESS WIRE)--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.