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Steve Odland

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  1. Corporate Activism Yesterday, Today, and Tomorrow

    Headlines

    Wed, 5 Mar 2014

    service offerings is key for Office Depot given industry leader Staples' SPLS foray into the services business. CEO Steve Odland 's relentless focus on cost-cutting is evident in the company's improved bottom line. Operating margins expanded

  2. Office Depot Appoints Interim CEO and Chair to Permanent Post; We're Underwhelmed

    Commentary

    Tue, 24 May 2011

    served as interim chairman in 2004 and has been with the Office Depot since 1998, when the firm merged with Viking. Steve Odland , who had been CEO since 2005, stepped down last October; at the time, we said it was a positive move for a company

  3. Office Depot CEO to Depart; Sluggish Sales but Improving Profitability Expected in 3Q

    Commentary

    Mon, 25 Oct 2010

    Office Depot ODP announced that Steve Odland , CEO since 2005, will step down effective Nov. 1. We believe this is a positive move for a company that needs to go in a different

  4. Decent Year for Office Depot

    Commentary

    Fri, 16 Feb 2007

    service offerings is key for Office Depot given industry leader Staples' SPLS foray into the services business. CEO Steve Odland 's relentless focus on cost-cutting is evident in the company's improved bottom line. Operating margins expanded

  5. Raising Office Depot's Fair Value

    Commentary

    Wed, 18 Oct 2006

    forecast because we had initially underestimated the level of expense savings the firm would be able to realize through CEO Steve Odland 's relentless focus on cost-cutting. We now expect approximately 50 basis points of annual operating margin improvement

  6. Decent 2Q for Office Depot

    Commentary

    Tue, 1 Aug 2006

    increase was primarily due to lower selling, general, and administrative expenses as a percentage of sales, as new CEO Steve Odland continues to explore every opportunity to cut costs. We expect further expense reductions over the next several quarters

  7. Office Depot's 1Q Margins Jump

    Commentary

    Thu, 27 Apr 2006

    Depot increased its profit margins in all three of its business units. As he did at his last post, AutoZone AZO, CEO Steve Odland continues to aggressively seek out new areas to trim costs, and thus we have forecast increasing profit margins in

  8. Office Depot 4Q on Target

    Commentary

    Fri, 17 Feb 2006

    an increased focus on cost controls. We expect Office Depot's operating margin to continue to expand, as new CEO Steve Odland pledges to leave no stone unturned in his quest to trim costs (for example, the company is using more-efficient

  9. Raising Office Depot's Fair Value

    Commentary

    Mon, 25 Jul 2005

    future operating-margin assumptions based on the cost-cutting we expect Office Depot to undertake under new CEO Steve Odland . Odland aggressively slashed expenses and, in turn, increased profit margins at his last stint at AutoZone AZO

  10. Office Depot Reports 1Q Results

    Commentary

    Wed, 27 Apr 2005

    decrease in the international business. We were encouraged to hear on the earnings conference call that newly minted CEO Steve Odland will aggressively seek out opportunities to cut costs, similar to what he did as head of AutoZone AZO -- which resulted

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