Sara Lee CEO, Troy native

Published 12:00 am Wednesday, March 22, 2000

will speak at TSU Thursday

Special to The Messenger

March 21, 2000 11 PM

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The newly named chief executive officer of the Sara Lee Corporation will be the speaker at the annual Troy State University Business Convocation scheduled Thursday, March 23, beginning at 10 a.m. in the Adams Center Theatre.

C. Steven McMillan, a native of Troy, was recently named president and CEO of the Sara Lee Corporation, effective July 1, 2000. Held each year by TSU’s Sorrell College of Business, the Business Convocation gives students and members of the general public the opportunity to hear leaders in the business world, according to Dr. Thomas Ratcliffe, dean.

McMillan is an honor graduate of Auburn University and received his master of business administration from Harvard. He began his career as a management consultant with McKinsey and Company in Chicago in 1973, and served as president and CEO of Aqualux Water Processing Company of Ft. Lauderdale, Fla. In 1979, McMillan became president and CEO of Electrolux-Canada, and in 1982 was named president and CEO of Electrolux Corporation.

He joined Sara Lee Corporation in 1986 as senior vice president for strategy development, and was named executive vice president and director of the corporation in 1993. In 1997, McMillan was named president and chief operating officer of the corporation.

McMillan is a member of the boards of directors of Pharmacia & Upjohn, Dynegy Corporation and Delta Galil Industries, Ltd. in Israel. He is a member of the advisor board of the Stedman Nutrition Center at Duke University Medical School, and is on the board of advisors of the J.L. Kellogg Graduate School of Management at Northwestern University and the Productivity Council of the Grocery Manufacturers Association.

McMillan is also chairman of the board of the Joffrey Ballet, and is a trustee of the Museum of Contemporary Art in Chicago and the Chicago Symphony Orchestra. He is on the board of the Executives Club of Chicago and is a member of the Economic Club of Chicago, the Chicago Committee of the Chicago Council on Foreign Relations and the Commercial Club of Chicago.