Sara Lee Corporation: Difference between revisions
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company_name = Sara Lee | |
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company_type = Public ([[New York Stock Exchange|NYSE]]: [http://www.nyse.com/about/listed/lcddata.html?ticker=SLE]) | |
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company_slogan = | |
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foundation = [[1939]] | |
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location = [[Downers Grove, Illinois]]; manufacturing facilities in 30 U.S. states and 32 countries | |
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key_people = [[Brenda Barnes]], [[CEO]] | |
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num_employees = 324,000 ([[2004]]) | |
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industry = [[Food]], [[Apparel]] | |
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products = [[Food]] [[Clothes]] | |
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revenue = {{profit}}$1.2 Billion [[U.S. dollar|USD]] ([[2004]])| |
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net_income = {{profit}}$700 Million [[U.S. dollar|USD]] ([[2005]])| |
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homepage = [http://www.saralee.com/ www.saralee.com] |
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}} |
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'''Sara Lee Corporation''' ({{NYSE|SLE}}) is an [[United States|American]] consumer-goods company based in [[Illinois]]. '''Sara Lee''' is also the brand name of a number of frozen and packaged foods, often known for the long-running slogan "Nobody doesn't like Sara Lee". |
'''Sara Lee Corporation''' ({{NYSE|SLE}}) is an [[United States|American]] consumer-goods company based in [[Illinois]]. '''Sara Lee''' is also the brand name of a number of frozen and packaged foods, often known for the long-running slogan "Nobody doesn't like Sara Lee". |
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Revision as of 15:42, 24 May 2006
- For the musician, see Sara Lee (musician).
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| Company type | Public (NYSE: [1]) |
|---|---|
| Industry | Food, Apparel |
| Founded | 1939 |
| Headquarters | Downers Grove, Illinois; manufacturing facilities in 30 U.S. states and 32 countries |
Key people | Brenda Barnes, CEO |
| Products | Food Clothes |
| Revenue |  $1.2 Billion USD (2004) |
| $700 Million USD (2005) | |
Number of employees | 324,000 (2004) |
| Website | www.saralee.com |
Sara Lee Corporation (NYSE: SLE) is an American consumer-goods company based in Illinois. Sara Lee is also the brand name of a number of frozen and packaged foods, often known for the long-running slogan "Nobody doesn't like Sara Lee".
The company traces its lineage to 1939, when Nathan Cummings acquired C.D. Kenny Company, a wholesale distributor of sugar, coffee and tea in Baltimore, and created Consolidated Foods Corporation. In 1956 the company bought a company known as "Kitchens of Sara Lee", which became one of the company's best-known brand names. In 1985 management adopted the brand name as the name of the corporation as a whole.
As of 2004, Sara Lee Corporation has operations in 58 countries; sells food, clothing and household products in nearly 200 nations; and has 150,000 employees worldwide.
In February of 2005, Brenda Barnes became the chairman and CEO of Sara Lee. The Wall Street Journal named Barnes one of 50 women to watch in 2005. Under Barnes, Sara Lee began selling off many of its non-food-related businesses. The firm also announced in 2005 that it would move its headquarters from Chicago, Illinois to Downers Grove, Illinois.
Foundation
Company founder Nathan Cummings founded the Nathan Cummings Foundation. The foundation remains active in poverty, political-oppression, and human-rights issues.
In 1971 the corporation founded the Sara Lee Foundation, to more efficiently handle its philanthropic activities. These are focused primarily in the Chicago area, or where the various parts of the corporation operate
Governance
Current members of the board of directors of Sara Lee are: Brenda Barnes, J.T. Battenberg, Charles Coker, Virgis Colbert, James Crown, Willie D. Davis, Laurette Koellner, Cees van Lede, Rozanne Ridgway, Richard L. Thomas, Ian Prosser, and Jonathan Ward.
See also
References
To Share - The Heritage, Legend, and Legacy of Nathan Cummings by Janice A. Petterchak, Legacy Press, Rochester, Illinois, 2000, 165 pages. ISBN 0-9653198-4-9 Library of Congress Catalog Card Number 00-104847