About

When Kent Magill joined Sara Lee just prior to the spin-off of its tea and coffee brand, he was immediately thrown into the deep end when the newly spun-off company announced irregularities in its Brazilian operations going back years. Magill has been praised for his leadership on the matter, which resulted in the public filings being made on time, and the company’s loan-related covenants being kept intact. Matthew Kipp of Skadden, Arps, Meagher, Slate & Flom LLP notes that Magill’s ‘leadership during this crisis was superb and saved the company millions of dollars’.