BOCA RATON
Boca Raton, Fla. -- Office Depot has selected Boca Raton, Fla., for its global headquarters rather than the Naperville, Ill., corporate home of its merger partner OfficeMax. In November, Office...
The top job at a combined Office Depot and OfficeMax won't belong to Neil Austrian or Ravi Saligram, but neither office-supply company chief executive will go away empty-handed. If the merger closes as expected, each will collect millions as they exit their respective companies and a new CEO is appointed. Austrian, who is retiring from Office Depot, will get $15 million to $16 million in a "golden parachute," depending on the stock price at closing. OfficeMax's Saligram is expected to reap about $13.5 million, said Aaron Boyd, director of governance research at Equilar, an executive compensation data firm.
BOCA RATON, Fla. -- Office Depot, Inc. (NYSE: ODP), a leading global provider of office supplies and services, today announced that the Company and its largest shareholder, Starboard Value LP...
BOCA RATON, Fla. — Office Depot is extending an olive branch to its largest shareholder, Starboard Value LLP, to settle a dispute about who should serve on the company’s board of directors. In a...