Read Larry Connors' blog – Short Term Trading Strategies
Mr Fraleigh has served as executive vice president of Sara Lee and COO of North America since November 2007. He served as CEO of Sara Lee Food & Beverage from January 2005 to November 2007.
Clarence Otis, chairman and CEO of Darden Restaurants, said: "Christopher raleigh brings a wealth of leadership experience to Darden, particularly in the areas of brand building, marketing innovation and operations excellence. He is a highly respected business leader and will be a tremendous asset to our board and to our company as we continue to grow our industry-leading portfolio of brands."
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