A leading executive at Sara Lee has resigned, the US food giant has revealed in an SEC filing.

The US food group said that James Nolan, chief executive officer, North American Fresh Bakery, has resigned from the corporation effective 9 April 2010 to pursue another professional opportunity.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The company said that a permanent replacement for Nolan has not yet been named.

In February, Sara Lee lifted its target for annual earnings after one-off items and improved second-quarter volumes boosted half-year profits.

Sara Lee said it expects full-year 2010 adjusted earnings per share to be in the range of $1.00 to $1.05 a share – compared to its previous target of $0.91 to $1.05 a share.

The group posted second-quarter operating income of $282m, which had swung from an operating loss of $4m a year ago. Net income stood at $371m in the second quarter against a $17m net loss last year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

 

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact