Boca Raton, Fla. — Troy Rice joins Office Depot, Inc. with more than 20 years of experience in retail operations with Toys”R”Us and The Home Depot.
Boca Raton, Fla. — Office Depot, Inc., a leading global provider of office products, services and solutions formed by the merger of Office Depot and OfficeMax, has appointed Troy Rice as executive vice president of retail, effective April 14, 2014. Rice replaces Juan Guerrero and will serve as a member of Office Depot’s leadership team reporting directly to Roland Smith, chairman and CEO of Office Depot, Inc.
“Troy is an accomplished executive who has focused his career on improving operational performance and the customer experience in multi-unit retail stores,” says Smith. “His 20+ years of experience in retail operations and his omni-channel orientation will enable him to make immediate and significant contributions to a number of Office Depot’s 2014 critical priorities.”
Rice joins Office Depot, Inc. following a successful 24-year track record of growing revenue, improving operations and increasing profits for two leading retail chains. He most recently served for 8 years as executive vice president – stores and services at Toys“R”Us, during which he was responsible for all aspects of store operations for Toys“R”Us and Babies“R”Us, including the integrated store strategy, as well as operations for FAO Schwarz and seasonal stores. Previously, Rice spent 16 years in positions of increasing responsibility at The Home Depot, culminating in the role of division president, northern division, in which he held full operational responsibility for Home Depot’s largest division, with over $24 billion of annual revenue.
SOURCE: Office Depot, Inc.