Sara Lee Corporation Announces Kent Magill Will Become General Counsel And Corporate Secretary For “MeatCo”
Sara Lee Corp. (NYSE: SLE) today announced that Kent Magill, 59, will become general counsel and corporate secretary of “MeatCo” (Sara Lee’s North American Retail and Foodservice business) after the spin-off of its International Coffee and Tea business on June 28, 2012. Magill will have responsibility for the company’s legal activities as well as global business practices. He will join Sara Lee on June 4, 2012, as senior vice president, general counsel, North America Retail and Foodservice, and will lead the North American business’ legal function. Magill will report to Sean Connolly, chief executive officer, Sara Lee North American Retail and Foodservice.
“Kent is a welcome addition to our team,” said Connolly. “I look forward to leveraging his broad experience and legal acumen as we continue to prepare for post-spin-off operation as an independent food company.”
Most recently, Magill was in private practice with Stinson Morrison Hecker LLP, a firm based in Kansas City. Before joining the firm, Magill was executive vice president, general counsel and corporate secretary for Hostess Brands, Inc., one of the nation’s largest wholesale bakers and distributors of fresh-baked bread and sweet goods.
Prior to his work at Hostess, he was vice president, general counsel and secretary at Layne Christensen Company. His responsibilities included board governance, securities law compliance and domestic and international acquisitions. Before that, Magill spent 12 years at The Marley Company, his most recent role being vice president, associate general counsel, where his primary responsibilities included litigation, general corporate and acquisitions. He began his law career in a large general practice law firm.Magill received his bachelor’s degree from Kansas State University and his juris doctor from the University of Iowa. He also completed an executive business program at the Fuqua School of Business at Duke University. About Sara Lee Corporation Sara Lee Corp. (NYSE: SLE) and it's leading portfolio of food and beverage brands, including Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Pickwick Teas, Sara Lee and Senseo, generate nearly $8 billion in annual net sales from continuing operations and employ approximately 20,000 people worldwide. In January, 2011, Sara Lee Corp. announced that it will divide the company into two pure -play publicly traded companies, one focused on the international coffee and tea market and the other on North American meats. For more information on the company, please visit www.saralee.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV