Who owns OfficeMax?
The ODP CorporationOfficeMax / Parent organizationThe ODP Corporation is an American office supply holding company headquartered in Boca Raton, Florida. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. Wikipedia
Who is Office Depot owned by?
Staples
On February 4, 2015, Office Depot agreed to be acquired by rival Staples for $6.3 billion.
Who did OfficeMax merge with?
Office Depot
Office Depot announced a deal to merge with smaller rival OfficeMax in an all-stock deal worth about $1.2 billion. Details on the deal were limited. The companies said they expect to save $400 million to $600 million annually from the combination.
How much did Office Depot buy OfficeMax for?
The retailers also named the two firms’ chief executives as co-CEOs of the combined company while the search continues for a permanent replacement. Last week, the retailers received regulatory approval for their $976 million deal.
Who is the CEO for Office Depot?
Gerry P. Smith (Feb 27, 2017–)The ODP Corporation / CEO
Who is CEO of Office Depot?
Are Staples and Office Depot owned by the same company?
Staples, sold itself to the private equity firm Sycamore Partners in 2017 for $6.9 billion. Staples filed for antitrust approval to acquire Office Depot’s consumer division in November in hopes of clearing the path for such a deal.
Who owns Grand and Toy?
The ODP Corporation
OfficeMax
Grand & Toy/Parent organizations
How much does the CEO of Office Depot make?
BRIEF-Office Depot Says CEO Gerry Smith’s 2019 Total Compensation Was $9.6 Million. * OFFICE DEPOT INC SAYS FOR 2019, CEO PAY RATIO ESTIMATED AT 312 TO 1 Source text: (bit.ly/2TL2AvO) Further company coverage: Our Standards: The Thomson Reuters Trust Principles.
Does Office Depot own CompuCom?
Office Depot acquired CompuCom for $1 billion in 2017. ODP (Office Depot) is selling its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction worth up to $305 million. This is Variant Equity’s first MSP acquisition.
Did Office Depot merge Staples?
In 2016, Staples and Office Depot called off their merger after a federal judge issued an injunction temporarily blocking the $6.3 billion deal over antitrust concerns. Staples previously tried to acquire Office Depot in 1996. But the deal was called off after regulators raised antitrust concerns.
What happened to OfficeMax after the merger?
Merger with Office Depot. On November 5, 2013, the merger was completed. On December 10, 2013 Office Depot, Inc. announced that it had chosen Boca Raton, Florida for its global headquarters post-merger, closing the OfficeMax headquarters in Naperville, IL .
Who is the CEO of Office Depot?
Office Depot’s Chief Executive Officer is Gerry P. Smith. Other executives include N. David Bleisch, Executive Vice President, Chief Legal & Administrative Officer; John W. Gannfors, Executive Vice President, Chief Merchandising and Supply Chain Officer and 6 others. See the full leadership team at Craft.
Is OfficeMax owned by Office Depot?
OfficeMax is an American office supplies retailer founded in 1988. It is now a subsidiary of Office Depot, Inc., which is headquartered in Boca Raton, Florida. As of December 2012, OfficeMax operated 941 stores in 47 states, Puerto Rico, the U.S. Virgin Islands and Mexico.
Is Office Depot owned by Staples?
On February 4, 2015, Office Depot agreed to be acquired by rival Staples for $6.3 billion. However, on December 7, the Federal Trade Commission voted to block the merger.