Sara Lee's North American bakery unit CEO resigns

Sara Lee's North American bakery unit CEO resigns

Sara Lee's North American bakery unit CEO resigns

The head of Sara Lee's North American bakery unit is leaving the company.

Sara Lee Corp. said James W. Nolan, executive vice president and CEO of North American Fresh Bakery has resigned, according to a filing with the Securities and Exchange Commission on Wednesday.

The 54-year-old is leaving for another professional opportunity, the company said. Nolan's resignation is effective April 9.

A replacement has not yet been named.

According to a biography on the company's Web site, Nolan joined the company in 2005 as CEO of Sara Lee Foodservice. He has also worked with PepsiAmericas, a Pepsi bottler, and PepsiCo Inc.

Sara Lee shares rose 2 cents to close at $13.93.

 

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