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Smits to serve as interim chief executive officer.
August 9, 2010
By: TOM BRANNA
Editor
Sara Lee’s Chief Executive Officer (CEO) Brenda Barnes will step down permanently as CEO and chairman after being on a medical leave since May, according to reports. The company said it has started a search for her successor. Chief Financial Officer (CFO) Marcel Smits will continue as interim CEO, while Mark Garvey will continue as interim CFO. Barnes, who suffered from a stroke that prompted her to abruptly take medical leave, became CEO in 2005. She also resigned from Sara Lee&...
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