Linda Wolz CEO who was CEO of Sara Lee Underwear "resigned" yesterday to "pursue other options". Now it appears Underwear (SLE's most profitable segment) which was joined by Sara Lee Sock earlier will now be under Sara Lee Sportwear (Champion).
Any ideas why she's leaving sle?
She probably doesn't like the way the cards are being stacked. Underwear always wanted to be separate from the others (Branded Apparel). Now they're not.