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Office Depot North America Chief Mark Cosby Departing

Mark Cosby is leaving Office Depot, where he has served as president of the office supply chain’s North American business for more than two years.

During the interim, however, a planned merger with Staples fell through; his boss, chairman/CEO Roland Smith, announced his retirement plans; and both Smith’s and Cosby’s jobs are being merged under a management reorganization.

Office Depot revealed Cosby’s departure earlier this month in a federal filing, and indicated that it is looking outside the company for a CEO successor.

Prior to joining the No. 2 office supply chain, Cosby was pharmacy president at CVS; president of Macy’s stores; president of Sears’ full-line stores; and chief operating officer of Kentucky Fried Chicken/Yum! Brands.

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