Roland smith office depot biography

Roland smith office depot biography: Roland C. Smith ; Position: Chairman

Office Depot's merger with Staples was thwarted in May by antitrust regulators. Since then, the company's shares had lost 42 percent of their value to Friday's close. They were up 1. Selected edition. Sign in. Related Stories. September 7.

Roland smith office depot biography: Roland C Smith is Former Chairman/CEO

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About Us. Smith last week said he recognizes that decision needs to be made quickly. Melding the corporate cultures will be key, said Daniel Rottig, who teaches about mergers and acquisitions at Florida Atlantic University in Boca Raton. He said an average of 70 percent of business combinations fail because cultures are not compatible or promised synergies are not realized.

Roland smith office depot biography: He previously served as Chairman and

Smith will need to provide a clear vision for the future to keep key managers from jumping ship, Rottig said. But Mick Lasher, a long-time executive recruiter in South Florida, said the selection of a CEO outside the industry is likely a good move. He left that position after less than a year in September when he was not selected as the global CEO, according to trade publication Supermarket News.