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Article: Sara Lee Corporation Provides Overview of Transformation at Meeting with Fixed-Income Analysts.
- Article from:
- Business Wire
- Article date:
- March 15, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Sara Lee Corporation (NYSE:SLE) today reviewed the company's transformation with fixed-income analysts at a meeting in New York.
L.M. (Theo) de Kool, executive vice president and chief financial and administrative officer, shared with the audience the achievements the company has realized against each of the transformation's three pillars: organizing business operations around consumers, customers and geographic markets; achieving operational efficiency to fund growth; and focusing the portfolio.
"In just 13 months, we have made significant progress toward transforming Sara Lee into a world-class, integrated, growth-oriented consumer products ...