Judith A. Sprieser Elected to Sara Lee Corporation Board of Directors; Appointed Executive Vice President.CHICAGO--(BUSINESS WIRE)--Oct. 29, 1998-- Stockholders Elect One of the First Female Inside Directors Among Leading American Corporations Sara Lee
Sara Lee Corporation (NYSE: SLE) is a global consumer-goods company based in Downers Grove, Illinois, USA. Corporation today announced that its shareholders have elected Judith A. Sprieser to the corporation's board of directors. The board elected Sprieser an executive vice president of the corporation at its meeting earlier today. Both appointments are effective immediately. Sprieser, the corporation's chief financial officer, reports to John H. Bryan John Henry Bryan, Jr. is the former CEO of the Sara Lee Corporation. A graduate of Rhodes College in Memphis, Tennessee and Darden Graduate School of Business Administration, he is also affiliated with the French Legion of Honor, the World Economic Forum, and was a Member of , chairman of the board and chief executive officer. Sprieser, 45, was appointed senior vice president-chief financial officer in October 1994. Her areas of responsibility include the corporation's tax, accounting, insurance, treasury, purchasing, internal audit and information systems functions. She also is a member of the supervisory board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. of Sara Lee/DE, a Dutch subsidiary responsible for managing Sara Lee's Coffee and Tea, and Household and Body Care lines of business. "Through a combination of financial management expertise and operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. experience, Judy Sprieser has taken on new challenges and assignments to greatly expand her role in the management of Sara Lee," said Bryan. "She has been an exceptional leader since joining Sara Lee, and her accomplishments have inspired others to follow her example." Sprieser joined Sara Lee Corporation in 1987 as assistant treasurer. She was named senior vice president and chief financial officer of Sara Lee Bakery's North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. in 1990, and was promoted to president and chief executive officer of Sara Lee Bakery North America in June 1993, a post she held until her appointment as corporate chief financial officer. Sprieser began her career in 1974 as a commercial banker for Harris Bank. In 1981, she joined Esmark as director of treasury operations, and she became assistant treasurer-international for Nalco Chemical Company in Naperville, Ill., in 1984. She holds a Bachelor of Arts degree in linguistics and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Northwestern University. She serves on the board of directors of USG Corporation and the Chicago Network. She is a member of the American Institute of CPAs, the Young Presidents Organization, the Chicago Council on Foreign Relations The Council on Foreign Relations (CFR) is an influential and independent, nonpartisan foreign policy membership organization founded in 1921 and based at 58 East 68th Street (corner Park Avenue) in New York City, with an additional office in Washington, D.C. , the Economic Club, and the Conference Board's Council of Financial Executives. She is also a member of the board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Northwestern University. Sprieser joins Joan D. Manley and Rozanne L. Ridgway Rozanne L. Ridgway (born August 22, 1935 in Saint Paul, Minnesota, served 32 years with the U.S. State Department, holding several posts, including ambassador to Finland and to East Germany, and finished her career as assistant Secretary of State for European and Canadian Affairs. as the third woman currently serving on Sara Lee's board of directors. Her appointment coincides with the retirements of three long-time, outside directors, effective this month: Allen Jacobson, Newton Minow and Sir Arvi Parbo. Their 35 years of combined service to Sara Lee is being recognized at the corporation's annual meeting of stockholders meeting today. Sara Lee now has 17 directors on its board. Sara Lee Corporation is a global consumer packaged goods company with more than $20 billion in annual revenues. Its leading brands include Sara Lee, Douwe Egberts, Hillshire Farm, Hanes, Coach, and Playtex. |
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