July 8, 2011

 

Sara Lee appoints new chief financial officer for North America division

 

 

Sara Lee has appointed Maria Henry as new chief financial officer (CFO) for the company's North American business effective July 18.

 

Henry will serve as the CFO for Sara Lee after the spin-off of the International Coffee and Tea business is complete in spring 2012.

 

She will be responsible 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 functions. Henry will report to CJ Fraleigh, CEO of Sara Lee North America.

 

"Maria is a true asset to our leadership team," Fraleigh said. "She's an experienced, results-oriented finance executive who has worked with large multinational organisations 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 joined Sara Lee from Culligan International, where she served as executive vice president and chief financial officer and led the finance organisation as well as IT, strategy and business development.

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