*NEWS*OFF DEPOT SHIFTS SENIOR MANAGEMENT

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*NEWS*OFF DEPOT SHIFTS SENIOR MANAGEMENT

 user 2005-04-15 at 10:59:00 am Views: 65
  • #8896

    Office Depot Shifts Senior
    Management

    Office Depot Inc. said
    Tuesday that new Chairman and Chief Executive Steve Odland made a number of
    senior executive appointments, including naming the company’s finance chief as
    president of international operations.

    The
    country’s second-largest office supply retailer hired Odland, previously the
    head of auto parts company AutoZone Inc., in mid-March after pushing out Bruce
    Nelson in October.

    The company appointed
    Chief Financial Officer Charles E. Brown at the head of all operations outside
    of North America and said it has started a search for a president of North
    American retail – a new position. Brown, 52, has been Office Depot’s CFO since
    2001.

    Office Depot also named Monica
    Luechtefeld executive vice president of business development and information
    technology and appointed Timothy Toews chief information officer. Toews replaces
    Patty Morrison, who recently decided to leave to pursue other opportunities, the
    company said.

    As a result of the
    realignment, seven employees will now report directly to Odland.

    Office Depot shares fell 10 cents to $21.71 in
    morning trading on the New York Stock Exchange.