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Office Depot

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The Home Depot Names EVP, Supply Chain and Product Development

by Katie Lee

Atlanta — The Home Depot has named John Deaton executive vice president of supply chain and product development, effective November 1, 2021. He replaces Mark Holifield, who has accepted a role as CEO of a U.S.-based last-mile delivery firm after 15 years with the company. Deaton, a 14-year veteran of the company, brings a wealth of experience after serving in several company leadership roles in supply chain, product development and, most recently, retail operations. Deaton has been an instrumental leader in the supply chain transformation throughout his tenure with the …

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ODP Confirms Receipt of Staples Proposal to Acquire Consumer Business for $1 Billion

by Katie Lee

Boca Raton, Fla. — The ODP Corporation, a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores, has confirmed that its board of directors has received a proposal from USR Parent, Inc. (Staples), the parent company of Staples and a portfolio company of Sycamore Partners, to acquire the company’s consumer business for $1 billion in cash. Last month, the company announced a plan to separate into two independent, publicly-traded companies, each with a unique …

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Bloomin’ Brands, Inc. Names SVP, Global Supply Chain Officer

by Katie Lee

Tampa, Fla. — David Deno, CEO of Bloomin’ Brands, Inc., has announced the promotion of Lissette Gonzalez to senior vice president, supply chain. In her new role, Gonzalez will lead the company’s supply chain and join the executive leadership team. Previously, she spent 16 years with Office Depot. “Lissette has made many important contributions to our supply chain since she joined us 7 years ago,” says Deno. “With her planning and forecasting expertise, coupled with her proven talent for global procurement, she ensures our operators have ample supplies, at a …

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B2B Technology Veteran Joins The ODP Corporation

by Katie Lee

Boca Raton, Fla. — The ODP Corporation has hired Prentis Wilson to further drive the company’s digital transformation, leading a new technology business focused on transforming B2B sourcing, purchasing and supply chain for suppliers and buyers. Wilson spent almost 8 years at Amazon.com, Inc., where he launched Amazon Business and grew it to over $10 billion in annual sales. Prior to joining Amazon, he held senior operations and B2B procurement roles at Cisco Systems, Inc. and Honeywell International, Inc. Most recently, he was the president of Boxed.com, a wholesale technology …

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Office Depot Parent Company Rejects Staples’ $2.1 Billion Acquisition Offer

by Katie Lee

Boca Raton, Fla. — ODP Corp., the parent company of Office Depot, has rejected USR Parent Inc.’s off-market transaction offer to acquire the Boca Raton, Fla.-based retailer. USR, the parent company of office products retailer Staples and affiliate of Sycamore Partners, offered to buy ODP for $40 per share in an all-cash deal that would equate to roughly $2.1 billion. In a letter to Stefan Kaluzny, managing director of Sycamore Partners and a member of the board of directors at USR, ODP’s chairman of the board of directors Joseph Vassalluzzo …

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Bed Bath & Beyond Appoints Chief Supply Chain Officer

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. has appointed Juan Guerrero as senior vice president (SVP), chief supply chain officer, effective immediately. He will report directly to John Hartmann, COO and president of buybuy BABY, and be responsible for leading the transformation and optimization of the company’s global supply chain network. Guerrero will lead Bed Bath & Beyond’s work to reconstruct and modernize supply chain operations as it further improves the omni-always shopping experience for customers. This will include supporting strategic sourcing and the introduction of an array of …

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Office Depot Donates $1.5 Million to Feeding America’s COVID-19 Response Fund

by Katie Lee

Boca Raton, Fla. — Office Depot, a wholly owned subsidiary of The ODP Corporation, a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, is providing $1.5 million to Feeding America®, the largest domestic hunger-relief organization in the country, in support of its COVID-19 Response Fund to help local food banks across the country distribute more than 1.3 billion pounds of food to communities in need. “We are proud to support the Feeding America network of food banks as it works tirelessly …

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Office Depot Appoints New Chief Financial Officer

by Katie Lee

Boca Raton, Fla. — Office Depot, Inc. has appointed D. Anthony Scaglione as executive vice president and chief financial officer, effective July 20, 2020. As CFO, Scaglione will report directly to CEO Gerry Smith and be a member of the executive committee. He will be responsible for overseeing all financial aspects of the company, including financial planning and analysis, financial reporting and accounting, as well as leading investor relations, internal audit, tax and treasury functions. “We are delighted to welcome Anthony to Office Depot as we accelerate our transformation to …

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Office Depot CFO to Depart in January 2020

by Katie Lee

Boca Raton, Fla. — Joseph T. Lower, executive vice president and chief financial officer of Office Depot, Inc., intends to leave the company on January 10, 2020. He will assume the role of chief financial officer at AutoNation, Inc. “We are grateful to Joe for his leadership over the past 2 years in advancing our transformation efforts and wish him every success in the future,” says Gerry Smith, Office Depot’s chief executive officer. “Joe is supported by an outstanding finance organization that will continue to serve the company and its …

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Office Depot Opens 5 New Workonomy Hub Coworking Spaces

by Katie Lee

Boca Raton, Fla. — Office Depot, Inc. is opening five new Workonomy™ Hub coworking spaces this week in the Houston, Chicago, Denver, Minneapolis and Orlando, Fla., markets. These new shared workspaces are integrated into existing Office Depot retail locations and offer a robust portfolio of professional products and services to help small business owners, entrepreneurs, freelancers, remote workers and startups achieve their goals in a flexible and modern environment. Each location provides customers with a place to work independently or connect and exchange ideas with other entrepreneurs in their community …

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