Who is the ceo of staples

Who is the ceo of staples

Staples was already running into roadblocks in its now five-month-long pursuit of acquiring rival Office Depot, and now it'll have to do it amid a change at the company's top leadership.

Who is the ceo of staples
DouglasStaples announced Wednesday that it and Sandy Douglas, Jr.have "mutually agreed" that Douglas will step down as chief executive officer, effective Friday. Staples executive board chairman John Lederer will be appointed interim CEO, and the company's board of directors has begun a search process to find a permanent CEO.

Douglas has been Staples' CEO since April 2018, when he joined the company after spending 30 years in executive roles at Coca-Cola, including most recently as its North American president.

"On behalf of the Board, I would like to thank Sandy for his commitment and dedication to the company," Lederer said. "I look forward to working closely with chief financial officer Jeff Hall and the rest of the senior management team to oversee the day-to-day operations of the company and execute on our growth strategy as the economic recovery in North America gains momentum. As we look ahead, we remain sharply focused on delivering strong performance and the critical products and services required for America's successful return to work."

Lederer has served as Staples' executive chairman since 2017 and as a senior advisor at its parent company, Sycamore Partners, since 2017.

The CEO change may throw a wrench into Staples' pursuit of ODP Corp., which this year has twice rejected acquisition proposals from USR Parent, the Sycamore-affiliated owner of Stapes, to buy certain ODP assets. The first was in January to a $2.1 billion offer, and then one in mid-March. A couple of weeks later, USR Parent said Staples would evaluate all alternatives in its pursuit of ODP, including, but not limited to, all of ODP or certain select assets, which may include ODP's retail and consumer-facing business, its business operations in Canada and certain other assets. In early May, ODP announced it was spinning off its distribution unit into a separate business. The latest development was on June 4, when ODP confirmed a new offer of $1 billion for its Consumer business unit. ODP said it was reviewing alongside its financial and legal advisors to "determine the best course of action that it believes is in the best interests of the company and its shareholders."

Shira D. Goodman (born 1961/62) is an American businesswoman, and the former president and CEO of Staples Inc.[1][2][3][4][5]

Shira D. Goodman

Born1961/1962 (age 60–61)[1]NationalityAmericanAlma materPrinceton University
Sloan School of Management
Harvard Law SchoolTitleFormer CEO, Staples Inc.TermSeptember 2016 - January 2018PredecessorRon SargentSpouse(s)Rabbi Wesley GardenswartzChildren3

She has a bachelor's degree from Princeton University, a master's degree with a concentration in strategy and marketing from MIT's Sloan School of Management, and a JD from Harvard Law School.[1] Her first job was working as a waitress in a local deli shop.[6]

Following her graduation from MIT Sloan, Goodman worked in consulting at Bain & Company, where she first became acquainted with Stemberg, as Staples was her client at Bain. The pair researched whether Staples should have a delivery business and Goodman eventually left Bain for Staples.[5] Goodman joined Staples in 1992.[5] Goodman was the first director of Marketing and Merchandising for the catalog business. At the time, Staples was just a small $30 million business unit.[6] She worked her way up through several management jobs, eventually becoming president of its North American operations.[7] In September 2016, she succeeded Ron Sargent as CEO.[5] As CEO and a member of the board of directors, Goodman oversaw 75,000 employees and around 1,900 stores.

On January 26, 2018, Staples announced that Goodman will step down as CEO immediately, to be replaced by J. Alexander “Sandy” Douglas Jr.[8][9]

She is married to Rabbi Wesley Gardenswartz, and they have three children: Nat, Sam, and Jordana.[10][11][12] Goodman is Jewish.[5]

  1. ^ a b c Stocks. "Stocks". Bloomberg. Retrieved May 5, 2017.
  2. ^ Jamerson, Joshua (September 26, 2016). "Staples Names Shira Goodman CEO, Removing 'Interim' Tag". Wall Street Journal. Retrieved May 6, 2017.
  3. ^ Total Retail Staff (January 20, 2017). "Top Women in Retail 2017: Shira Goodman, President and CEO, Staples". Mytotalretail.com. Retrieved May 5, 2017.
  4. ^ Chesto, Jon (September 26, 2016). "Staples names Shira Goodman as president and CEO". The Boston Globe. Retrieved May 5, 2017.
  5. ^ a b c d e "How the CEO of Staples uses faith to stay focused - MIT Sloan School of Management". Mitsloan.mit.edu. February 16, 2017. Retrieved May 5, 2017.
  6. ^ a b "Boston Inc.: Shira Goodman, President and CEO of Staples". Boston Magazine. December 18, 2016. Retrieved November 15, 2017.
  7. ^ "Staples names Shira Goodman as president and CEO - The Boston Globe". BostonGlobe.com. Retrieved November 15, 2017.
  8. ^ FitzGerald, Drew (January 26, 2018). "Staples CEO Shira Goodman Departs". Wall Street Journal. ISSN 0099-9660. Retrieved January 26, 2018.
  9. ^ Ryan, Greg. "Staples hires Coke executive to replace Goodman as CEO". www.bizjournals.com. Retrieved October 4, 2018.
  10. ^ Pelletier, Jenna (December 18, 2016). "Boston Inc.: Shira Goodman, President and CEO of Staples". Bostonmagazine.com. Retrieved May 5, 2017.
  11. ^ "Counting His Blessings | Stories | Harvard Alumni". Alumni.harvard.edu. Retrieved May 5, 2017.
  12. ^ Penny Schwartz (September 28, 2016). "Shira Goodman, Boston Community Leader, Named CEO of Staples – The Forward". Forward.com. Retrieved May 5, 2017.

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