Headquarters: Chicago, IL
Divisions: Food & Beverage; Household Products; Intimates &
Underwear
U.S Brands: Jimmy Dean, Earthgrains, Ball Park, Playtex, Sara lee,
Champion, WonderBra, Hanes, Kiwi Express, Sanex
Sales: $18.3 billion
Employees: 145,000 worldwide
CEO: C. Steven McMillan
Sara Lee Bakery Group
Headquarters: St. Louis, MO
Products: White and variety breads, buns, rolls; snack cakes, sweet
goods, bagels, bread sticks, toaster pastries, cheesecakes, poundcakes
U.S. Brands: Colonial, Ironkids, Sunbeam, Kern's, Sara Lee, San Luis
Sourdough
Sales: $3.2 billion
Plants: 56 plants nationwide
Employees: 26,000
Management: CEO, Richard Noll; President U.S. Fresh Bakery,
William Nictakis; Human Resources, Kevin Oliver
Every year, shareholders and Americas workers learn of new jaw-dropping executive compensation packages that seemingly defy rational explanation.
Sara Lee Corp.
C. Steven McMillan
Chairman President and CEO
In 2005, C. Steven McMillan raked in $9,500,789 in total compensation including stock option grants from Sara Lee Corp.