Content about Sara Lee Corporation

July 2, 2014

Tyson reached an agreement to acquire Hillshire Brands in deal valued at $8.55 billion that includes Tyson paying a $163 termination fee to Pinnacle Foods, a company Hillshire was in the process of acquiring.

Tyson reached an agreement to acquire Hillshire Brands in deal valued at $8.55 billion that includes Tyson paying a $163 termination fee to Pinnacle Foods, a company Hillshire was in the process of acquiring.

Tyson said it will pay $63 a share for Hillshire in an all cash deal that makes the world’s largest protein producer an even more dominant player on the global food stage.

June 9, 2014

The Hillshire Brands Company has confirmed that it received a unilateral binding offer from Tyson Foods to acquire all its outstanding common shares for $63 per share in cash.

The Hillshire Brands Company has confirmed that it received a unilateral binding offer from Tyson Foods to acquire all its outstanding common shares for $63 per share in cash.

By its terms, the Tyson Foods offer will remain in place until the termination of the Hillshire Brands/Pinnacle merger agreement or December 12, whichever comes first.

May 16, 2014

The Hillshire Brands Company has completed its acquisition of Van’s Natural Foods from Catterton Partners. Van’s is a leading better-for-you food brand with multiple product lines in frozen breakfast and snack foods.

The Hillshire Brands Company has completed its acquisition of Van’s Natural Foods from Catterton Partners. Van’s is a leading better-for-you food brand with multiple product lines in frozen breakfast and snack foods.

May 12, 2014

The Hillshire Brands Company is about to expand its already robust portfolio of brands — which includes Jimmy Dean, Hillshire Farm, Birds Eye, Ball Park, Duncan Hines, Vlasic, Wish-Bone, State Fair, Sara Lee frozen bakery, Mrs. Butterworth's and Log Cabin — with the acquisition of Pinnacle Foods in a cash and stock transaction for approximately $6.6 billion.

The Hillshire Brands Company is about to expand its already robust portfolio of brands — which includes Jimmy Dean, Hillshire Farm, Birds Eye, Ball Park, Duncan Hines, Vlasic, Wish-Bone, State Fair, Sara Lee frozen bakery, Mrs. Butterworth's and Log Cabin — with the acquisition of Pinnacle Foods in a cash and stock transaction for approximately $6.6 billion.

September 20, 2013

The Hillshire Brands Company will be hosting a panel — “Using Social Tools to Inform Strategies” — at Social Media Week in Chicago Tuesday, Sept. 24. Moderated by entrepreneur and TV personality Bill Rancic, the panel will explore the significance of social insights that impact owned, earned and paid media strategies, and discuss approaches to leveraging the right mix of tools to garner these insights.

The Hillshire Brands Company will be hosting a panel — “Using Social Tools to Inform Strategies” — at Social Media Week in Chicago Tuesday, Sept. 24. Moderated by entrepreneur and TV personality Bill Rancic, the panel will explore the significance of social insights that impact owned, earned and paid media strategies, and discuss approaches to leveraging the right mix of tools to garner these insights.

September 3, 2013

The Hillshire Brands Company has signed an agreement to acquire the maker of Golden Island jerky products.

CHICAGO — The Hillshire Brands Company has signed an agreement to acquire the maker of Golden Island jerky products.

Terms were not disclosed, and the transaction is expected to close by the end of the month, pending closing conditions.

July 12, 2013

Sara Lee Foodservice, a division of the Hillshire Brands Company, has introduced a line of products aimed at the kindergarten-12th grade education sector, focusing on turkey items for both breakfast and lunch.

CHICAGO — Sara Lee Foodservice, a division of the Hillshire Brands Company, has introduced a line of products aimed at the kindergarten-12th grade education sector, focusing on turkey items for both breakfast and lunch.

Additionally, Sara Lee Foodservice will be participating in the United States Department of Agriculture Commodity Food Distribution Program that enables schools to purchase items at reduced prices.

May 13, 2013

PetSmart has appointed former Sara Lee executive Carrie Teffner as the company’s new SVP and CFO.

PHOENIX — PetSmart has appointed former Sara Lee executive Carrie Teffner as the company’s new SVP and CFO.

Teffner has more than 20 years of management experience, most recently serving as EVP and CFO at Weber-Stephen Products LLC, a leading manufacturer and exporter of barbecue grills and accessories worldwide.

May 8, 2013

The Hillshire Brands Company has appointed David W. Stahl as its new CIO. Stahl will oversee all IT strategy and planning activities and will provide executive leadership and direction for IT.

CHICAGO — The Hillshire Brands Company has appointed David W. Stahl as its new CIO. Stahl will oversee all IT strategy and planning activities and will provide executive leadership and direction for IT. He will report to Maria Henry, CFO.

March 8, 2012

Sara Lee Corp. has appointed Luc Volatier as SVP supply chain and operations of its international coffee and tea business effective April 1.

UTRECHT, Netherlands — Sara Lee Corp. has appointed Luc Volatier as SVP supply chain and operations of its international coffee and tea business effective April 1.  Volatier, 44, will be in charge of all procurement, supply chain and manufacturing operations. He will continue to serve in the same role once the international coffee and tea business is spun-off from Sara Lee Corp. in the first half of 2012.