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Jun.08
11:47 PM ET
Monday, 8 Jun 2009
Mad Mail: Sara Lee’s Anything-But-Savory CEO?
Posted By:Tom Brennan
Topics:CEOs and CFOs | Stock Market | Stock Picks | Mad Mail
Companies:Hanesbrands Inc. | New York Times Co | PepsiAmericas Inc. | Sara Lee Corp
 |
] CEO, Brenda Barnes, should be placed on your Wall of Shame. Sara Lee has had around a 60% percent decline since she has become the CEO. She spun off their biggest business, branded apparel, into Hanesbrands [HBI
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]. Ms. Barnes has done nothing to help improve this company, and I see no reason why she should not be on the Wall of Shame. She has been on the board of directors of companies like The New York Times Co. [NYT
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], which hit its low on Feb. 20, 2009, at a price of $3.44, and PepsiAmericas [PAS
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], which is only two months off its low of $15. Brenda Barnes has proved that she is not right for the job at SLE. --DanCramer says: “That’s not a ringing endorsement. I do think that I have to consider that.”
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TOPIC : CEOs and CFOs
TOPIC : Stock Picks
COMPANY : Hanesbrands Inc.
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