At Sara Lee Corporation’s (NYSE: SLE) annual meeting of stockholders,
held today in Chicago, Ill., management reviewed the company’s results
over the past year and discussed future strategies to deliver
stockholder value.
The preliminary results of the voting are as follows:
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Stockholders elected 12 incumbent directors to serve one-year terms on
Sara Lee’s board of directors. Sara Lee also expressed appreciation
for the contributions made by retiring board member Rozanne L. Ridgway.
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Stockholders ratified the appointment of PricewaterhouseCoopers LLP as
Sara Lee’s independent registered public accountants for fiscal 2010.
Also, the board of directors today declared a regular quarterly dividend
of $.11 per share on the company’s common stock. The dividend is payable
on Jan. 8, 2010, to stockholders of record at the close of business on
Dec. 1, 2009. As previously reported, the company’s board of directors
intends to maintain the current quarterly dividend of $.11 through
fiscal 2010. Sara Lee Corp. has paid quarterly dividends to its
stockholders continuously for more than 60 years, and today’s
announcement represents the 255th consecutive quarterly
dividend declared by the corporation.
About Sara Lee Corporation
Each and every day, Sara Lee (NYSE: SLE) delights millions of consumers
and customers around the world. The company has one of the world’s
best-loved and leading portfolios with its innovative and trusted food,
beverage, household and body care brands, including Ambi Pur, Ball
Park, Douwe Egberts, Hillshire Farm, Jimmy Dean,
Kiwi, Sanex, Sara Lee, Senseo and Bimbo.
Collectively, these brands generate approximately $13 billion in annual
net sales covering nearly 200 countries. The Sara Lee community consists
of 41,000 employees worldwide. Please visit www.saralee.com
for the latest news and in-depth information about Sara Lee and its
brands.
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