Office Depot has appointed Kristin Campbell to its board of directors, and she will also serve on the company’s audit committee. She previously spent 18 years at Staples.
The appointment likely gives the Boca Raton-based company an edge as Office Depot and Staples leave behind merger talks and move forward once again as full-fledged competitors.
“We are excited to welcome Kristin to our board,” Roland Smith, CEO of Office Depot, said in a statement. “Her executive leadership experience, including nearly two decades in the office products industry, brings valuable perspective to Office Depot as the company works to deliver long-term shareholder value.”
Campbell has been executive vice president and general counsel for Hilton Worldwide Holdings Inc., where she is responsible for legal, compliance and government regulations. Before Hilton, Campbell was at Staples, where she was most recently senior vice president, general counsel and corporate secretary. Campbell has also practiced law at Boston-based firms Goodwin Proctor and Rackemann and Sawyer & Brewster.
Having spent nearly two decades at Staples, Campbell can likely provide valuable insight into the operations of Office Depot’s biggest competitor. The two companies remained rivals even as Staples spent more than a year fighting the Federal Trade Commission and other regulators in its unsuccessful efforts to acquire the Boca Raton-based office supplies retailer for $6.3 billion. Competition is fierce as the companies continue to lose money and close stores.
Staples and Office Depot are the No. 1 and No. 2 office supply retailers in the U.S., and Office Depot is one of South Florida’s largest public companies, employing close to 2 000 people at its headquarters in Boca Raton.
By Emon Reiser for www.bizjournals.com