Office Depot Continues ConsolidationBoca Raton, Fla. — Office Depot has taken another major step toward its consolidation with OfficeMax with the creation of a new organizational structure. 12/19/2013 04:12:00 AM Eastern
Boca Raton, Fla. — Office Depot has taken another major step toward its consolidation with OfficeMax with the creation of a new organizational structure.
The new management chart “focuses on accountability and streamlined decision making,” recently installed chairman/CEO Roland Smith said, and includes an executive committee and a leadership team.
The executive committee reports directly to him and is comprised of newly named executive VP and chief financial officer Stephen Hare; international president Steve Schmidt; human resources executive VP Michael Allison; chief legal officer Elisa Garcia; and two as yet unfilled posts: North America president and chief strategy and innovation officer.
The leadership team includes members of the executive committee plus nine executives who report to Hare and the North America president post. They include Ron Lalla, merchandising executive VP; Tim Rea, marketing executive VP; Larry Hartley, supply chain senior VP; real estate senior VP Rob Koch; senior VP and global chief information officer Todd Hale; integration senior VP Deb O’Connor; and Steve Calkins, contract sales executive VP.
The leadership team also includes two as yet unfilled posts: retail executive VP, currently held by candidate and interim retail chief Juan Guerrero; and e-commerce executive VP, currently held by candidate and interim e-commerce head Mike Kirschner, both veterans of Office Depot.
The new structure and integration process resulted in the departure of “a number of very talented and well-respected executives,” Smith noted. He added that the chain is moving quickly to select the best talent available from both legacy companies to build “a world-class organization focused on exceeding the expectations of consumers and businesses, becoming a more appealing partner to our vendors, and ultimately driving value for our shareholders.”
The reorganization follows the selection earlier this month of Office Depot’s headquarters town of Boca Raton, Fla., to serve as the base of operations for the newly combined company. The chain cited its larger footprint which could better accommodate the expanded operations.