Meat&Poultry - October 2011 - (Page 10)

Business Notes Sara Lee’s Fraleigh resigns This past month, CJ Fraleigh announced his retirement as CEO of Sa r a L e e Nor t h America. The company has begun searching for Fraleigh’s successor, reportedly from outside the company, Fraleigh and intends to replace him as soon as possible. In the interim, Sara Lee Corp. CEO Marcel “We have a talent“CJ played an important ed, experienced and role i n t a k i n g t he Nor t h highly capable North A merican business to this American senior team, stage in its development,” and I look forward to sa id Ja n Ben n i n k, execuworking with them to tive chairman of the board drive the business forof Sara Lee Corp. “We now ward during this tranbelieve that a different apsition,” Smits said. proach is needed to transition Smits Earlier t his year, the North American business into a pure-play company,” he said. the company announced it would D u r i ng h is tenu re, Fr a leig h split into two separate publicly held was credited wit h growing Sara companies – “CoffeeCo” (InternaLee’s retail and foodservice busi- tional Coffee & Tea) and “MeatCo” nesses, which included its Jimmy (North American Meats). Days before Fraleigh’s retirement Dean sausage and Ball Park hot was announced, the company apdog brands. According to The Wall Street pointed Michiel Herkemij as CEO Journal, Fraleigh agreed to a separa- of “CoffeeCo.” The company plans tion package with an estimated val- to execute the spin-off in the fi rst ue of approximately $11.3 million. half of 2012. ■ Smits will also assume responsibilities for leading the North American business. BUY AMERICAN! M Made in America by Americans! Proudly Serving the Meat and Poultry Industry for over 18 Years ds Aroun Wrap HIGHEST QUALITY-LOW PRICESFAST & PERSONAL SERVICE Buy DIRECT from the B MANUFACTURER! Call Brenda Today Butch er F & Lab rocks coats Omni Apparel, Inc. American Quality in Every Stitch 113 Kingsbridge Drive, Carrollton, GA 30117 Toll-free 1-800-951-COAT (2628) Local 770-838-1008 • 10 • Meat&Poultry • October 2011 • Fax 770-838-1038 • e-mail:

Table of Contents for the Digital Edition of Meat&Poultry - October 2011

Meat&Poultry - October 2011
Commentary - Cause for concern
Business Notes
WRIGHT BRAND BACON - Wright can’t go wrong
WRIGHT BRAND BACON - Recloseable challenges
Versatile Protein - Bacon’s on fi re!
Education - Training for tomorrow
Small Business Matters - From dream to reality
Jerky Processing - Perfect pairing
Meat Processing Operations & Engineering - The Phoenix rises
Meat Processing Operations & Engineering - Pest patrol
From the Corral - Slaughter without stunning
Names in the News
New Product Showcase
Classified Advertising
The Insider

Meat&Poultry - October 2011