Articles Tagged with ''hillshire brands''

The Hillshire Brands Co. announced it has signed an agreement to sell 100% of the shares of its Australian subsidiary Kitchens of Sara Lee Pty Ltd to a subsidiary of McCain Foods Limited.

Hillshire noted a strong performance in the Retail segment, with sales growth of 3% and adjusted operating segment income growth of 45.5%.

The Hillshire Brands Co. announced that Mary Oleksiuk, 50, will join the company as chief human resources officer.

The company's plan is to source all pork from suppliers who use housing that provides the animals the opportunity for adequate movement and comfort, while also ensuring their safety.

The Hillshire Brands Co. presented at the Barclays Back-to-School Consumer Conference in Boston and provided an overview of the company’s three-year strategic plan for generating profitable growth.

For the full year, there was a 4.0% increase in adjusted net sales to $4.04 billion and a 1.9% increase in reported net sales to $4.09 billion.

Sean Reid will lead the external selling organization and build sustainable strategic relationships and strategies across all consumer-facing channels.

Dennis Belcastro will develop and implement the company's engagement strategy with federal, state and local elected officials, regulatory agencies and key policymakers in addition to managing strategic customer and industry events.

Potential suitors for the company could include Hormel Foods Corp. and Tyson Foods Inc.