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Sara Lee Chief Is Recovering from a Stroke

Marcel Smits is the acting CEO.

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By: TOM BRANNA

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Sara Lee Corp chief Brenda Barnes is recovering from a stroke that prompted her to abruptly take medical leave last month, and the company said it would update investors on her condition and plans by August 12. The comments were the first details of the situation since the foodmaker announced Barnes’ medical leave on May 14, without disclosing the cause. Sara Lee shares rose more than 2 percent. The company, whose products includes Sara Lee baked goods and Jimmy Dean sausage, said it wou...

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