Sara Lee Corporation Names Shalabh Gupta Treasurer

Business Wire, Sept 5, 2007

DOWNERS GROVE, Ill. -- Sara Lee Corporation (NYSE:SLE) announced today the appointment of Shalabh Gupta to the position of treasurer, effective immediately. He will continue to report to Theo de Kool, Sara Lee's chief financial and administrative officer.

"Shalabh has served as assistant treasurer for several years, and his expertise continues to be an asset to the organization. We are pleased that he will be assuming the role of treasurer," said de Kool.

Gupta, 46, joined Sara Lee in Oct. 2004 as director, capital markets and pensions. In Sept. 2005, he was promoted to assistant treasurer, directly responsible for all U.S.-based corporate treasury operations. Prior to Sara Lee, Gupta held positions at Delphi Corporation, where he served in a variety of treasury roles, and General Motors, in both treasury and business development functions.

Gupta earned his bachelor's degree in mechanical engineering from the Delhi College of Engineering in India, his master's in systems and industrial engineering from Oakland University, and his master's in business administration from the University of Michigan.

About Sara Lee

Sara Lee Corporation (www.saralee.com) is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. In February 2005, the company began executing a bold and ambitious multi-year plan to transform Sara Lee into a company focused on its food, beverage, and household and body care businesses around the world. As part of its transformation plan, Sara Lee will drive growth in its key categories via such strong brands as Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseo and its namesake, Sara Lee.