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@OfficeDepot

Press Releases - Corporate/Financial

  • 12/18/13 9:20 am EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE: ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced the formation of its Executive Committee (EC) and Leadership Team (LT). “Since I joined the Company last month, my priorities have been to name a headquarters location and select a leadership team that incorporates the best talent from both companies and also adds freshmore...
  • 12/10/13 10:15 am EST
    BOCA RATON, Fla. & NAPERVILLE, Ill.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE: ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced that it has chosen Boca Raton, Fla. for its global headquarters. The decision is the result of a thorough evaluation that took into account a number of important factors, including the cost to operate each headquarters location, lease obligations and subleasemore...
  • 12/2/13 4:03 pm EST

    Financial Veteran Brings Strong Operating Skills and Integration Experience

    Co-CFO Mike Newman Retires from Organization

    Interim Co-CFO Deb O’Connor Returns to Position as

    Senior Vice President, Finance and Co-Chief Accounting Officer

    BOCA RATON, Fla. & NAPERVILLE, Ill.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced the appointment of Stephen Hare as Executive Vice President and Chief Financial Officer, effective immediately. Hare reports to Roland Smith, Chairman and CEO of Office Depot, Inc., and replaces Co-CFO Mike Newman, who has retired from the Company, and interim Co-CFO Deb O’Connormore...
  • 11/15/13 8:30 am EST

    Retains Ownership of 20% in Voting Equity Securities

    BOCA RATON, Fla. & NAPERVILLE, Ill.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced that it received an approximately $35 million cash distribution on November 14, 2013, related to OfficeMax Incorporated’s October 2004 investment in Boise Cascade Holdings, L.L.C. (“BCH”). Through OfficeMax, Office Depot, Inc. owns approximately 20% of the voting equitymore...
  • 11/12/13 5:08 pm EST

    Brings More Than 30 Years of Leadership Experience, Strong Retail Background, and Exceptional Track Record in Merger Integration, Business Transformation and Value Creation

    BOCA RATON, Fla. & NAPERVILLE, Ill.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced the appointment of Roland C. Smith as Chairman and CEO, effective immediately. An experienced senior executive, having served as President and Chief Executive Officer of public and private companies and on numerous boards, Smith comes to Office Depot, Inc. with a strongmore...
  • 11/5/13 4:19 pm EST

    Neil Austrian and Ravi Saligram to Serve as Co-CEOs

    Board of Directors for New Company Named

    Updates Synergy Benefits and One-Time Merger Costs

    Focus is Now on Executing Integration Plans and Delivering Synergies

    BOCA RATON, Fla. & NAPERVILLE, Ill.--(BUSINESS WIRE)--Office Depot, Inc. and OfficeMax Incorporated today announced the completion of their merger of equals, creating a stronger, more competitive and more efficient global provider of office products, services and solutions. The combined company will use the name Office Depot, Inc. and will trade on the New York Stock Exchange under the symbol ODP. Office Depot, Inc. is a single source for everything customers need to make theirmore...
  • 11/5/13 4:02 pm EST

    Bateman, Colligan, Fife, Mason and Svider will not Seek Appointment to Merged Company Board

    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE: ODP), a leading global provider of office supplies and services, today announced the departure of five directors who informed the Company that they would not seek to be appointed to the new Board of Directors following the proposed merger of Office Depot, Inc. and OfficeMax Incorporated. Kathleen Mason joined the Office Depot Board in 2006. Justin Bateman and Raymond Svider were appointed to the Board in 2009.more...
  • 11/5/13 4:01 pm EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE: ODP), a leading global provider of office supplies and services, today announced results for the fiscal quarter ended September 28, 2013. THIRD QUARTER RESULTS1 Total Company sales for the third quarter of 2013 were $2.6 billion, down 3% compared to the third quarter of 2012 in both U.S. dollars and in constant currency. The Company reported net income, after preferred stock dividends,more...
  • 11/1/13 9:15 am EDT

    Companies Announce Intended Closing Date of November 5, 2013

    NAPERVILLE, Ill. & BOCA RATON, Fla.--(BUSINESS WIRE)--OfficeMax Incorporated (NYSE: OMX) and Office Depot, Inc. (NYSE: ODP) today announced the U.S. Federal Trade Commission (“FTC”) has unconditionally cleared the companies’ proposed merger of equals. The companies anticipate completing the transaction after market close on November 5, 2013, subject to the satisfaction of remaining closing conditions. As previously disclosed on February 20, 2013, Office Depot and OfficeMax announcedmore...
  • 10/22/13 9:00 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office supplies and services, will announce third quarter 2013 earnings for the fiscal period ended September 28, 2013 on Tuesday, November 5, 2013. A conference call to discuss the results will be held that day at 9:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit the Office Depot Investor Relations website at http://investor.officedepot.commore...