Sara Lee Corporation Announces Sally Grimes Will Become Chief Innovation Officer For Hillshire Brands Company
Sara Lee Corp. (NYSE: SLE) today announced that Sally Grimes, 41, will become chief innovation officer of Hillshire Brands Company (Sara Lee’s North American business) after the spin-off of its International Coffee and Tea business. Grimes will have responsibility for the company’s innovation process, including identifying strategies, business opportunities and new technologies and then developing new capabilities with partners, new business models and new industry structures to serve those opportunities. She will join Hillshire Brands on July 9, 2012. Grimes will report to Sean Connolly, chief executive officer, Hillshire Brands Company.
“Hillshire Brands will be the most innovative meat-centric food company in the U.S.,” said Connolly. “Sally’s ingenuity and creativity as well as her ability to steward enterprise-wide recognition of new ideas and trends make her a welcome addition to Hillshire Brands and our leadership team.”
Most recently, Grimes was global vice president, marketing, writing and creative expression GBU at Newell Rubbermaid, Inc. She was responsible for implementing marketing planning and filling the innovation pipeline for the Sharpie, Paper Mate, Expo, Prismacolor and Rolodex brands.
Before joining Newell Rubbermaid, Grimes spent ten years at Kraft Foods, Inc. in a variety of marketing and brand management positions, rising from associate brand manager to Senior Category Business Director. She began her career in banking.
Grimes received her bachelor’s degree in Finance from Valparaiso University and her Master of Business Administration from the University of Chicago. She was recognized by Fast Company as one of The 100 Most Creative People in Business 2012. About Sara Lee Corporation Sara Lee Corp. (NYSE: SLE) and its 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 SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
