Скачать или смотреть Sara Lee Names New CEO to Oversee Co. Spinoff (SLE)

"In addition to its decision to split up the company, Sara Lee Corp. (SLE) announced Friday that Marcel Smits, the company's interim head since May, will take over as new CEO, reports Bloomberg.

Smits will help oversee the the company's split and the spinoff of its meat operations, which generated more than $4 billion in the past fiscal year. Products include the Ball Park and Jimmy Dean sausage brands.

The spinoff, set for early 2012, will leave Smits in charge of the beverage business, which includes brands such as Senseo and Douwe Egberts coffee, while the meat business will be run by C.J. Fraleigh, who is the current CEO of the North American retail and foodservice division.

Shares of the company are trading down 1.3% at $17.41."