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Stock Market & Financial Investment News

News Breaks
December 18, 2013
09:28 EDTODPOffice Depot name Steve Hare as CFO, forms executive committee
Office Depot announced the formation of its Executive Committee. The following positions make up the Executive Committee and report to CEO Roland Smith: President, North America, which needs to be filled; Chief Strategy and Innovation Officer, which needs to be filled; Steve Schmidt is President, International; Steve Hare is the Executive Vice President & Chief Financial Officer; Michael Allison is the Executive Vice President & Chief People Officer; Elisa Garcia is the Executive Vice President & Chief Legal Officer. The company said will commence an external search for executives to fill the roles of President, North America and Chief Strategy and Innovation Officer.
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April 8, 2014
11:41 EDTODPUnited Stationers down after Genuine Parts unit wins Office Depot contract
Shares of United Stationers (USTR) are moving lower after Office Products International, a publication for the office products industry, reported yesterday that S.P. Richards confirmed it won the first-call wholesale business for Office Depot (ODP) in the U.S. United Stationers and S.P. Richards, a unit of Genuine Parts (GPC), are both suppliers to Office Depot. Shares of United Stationers are down 4% to $38.08 in morning trading. Shares of Genuine Parts are up 1% to $85.63.

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