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  • Brenda Barnes has been named the new president/COO of Sara Lee Corp., reporting to C. Steven McMillan, the company's chairman and CEO. She does not replace anyone in the job; McMillan has also held the position of president, and Sara Lee has not had a COO.

    Barnes is the former president and CEO of PepsiCola North America who made headlines in 1998 when she quit that job to spend more time with her family.

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