Sara Lee Breaks With Exec Before Split

Sara Lee Corp., which plans to split into two companies next year, will do so without its North American chief executive.

The Downers Grove-based company said Monday that C.J. Fraleigh, a six-year veteran who has been credited with improved operations and increased marketing for Sara Lee's North American meats, has resigned.

"We now believe a different approach is needed," Sara Lee Chairman Jan Bennink said in a release, but did not elaborate. Expected in the first half of 2012, the split will create two stand-alone companies: an international beverage business, known as CoffeeCo, and a new company that will comprise Sara Lee's North American retail division, which makes products such as Hillshire Farm sausage and Sara Lee deli meats, and its North American food-service division, which provides food for the restaurant industry. That business, for now, is being referred to as MeatCo.

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