New Office Depot CEO names executive committee

Published on NewsOK Modified: December 18, 2013 at 2:07 pm •  Published: December 18, 2013
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BOCA RATON, Fla. (AP) — Office Depot's new CEO Roland Smith named four people to an executive committee on Wednesday and announced a search for two other positions, the latest step as the company integrates its operations with OfficeMax.

Office Depot and OfficeMax completed their $1.2 billion merger and took the name Office Depot last month. In mid-November, the company named Roland Smith, a former supermarket executive, as CEO of the combined company. And earlier this month the company picked Boca Raton, Fla., as its headquarters.

The executive committee includes Steve Schmidt, 59, president of international; Steve Hare, 60, executive vice president and chief financial officer; Michael Allison, 56, executive vice president and chief people officer; and Elisa Garcia, 56, executive vice president and chief legal officer.

The company is searching for a president of North America and a chief strategy and innovation officer to add to the executive committee.

Shares rose 10 cents, or 2 percent, to $5.22 in afternoon trading Wednesday.


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