appointment of Neil Austrian as interim CEO in 2010 and then named to the permanent post in 2011. The previous CEO, Steve Odland , left the firm in late 2010. While we believe this change was a positive move, we were underwhelmed when the firm
appointed interim CEO Neil Austrian to the position permanently , seven months after the abrupt departure of predecessor Steve Odland . Despite being 71, Austrian's achievements "led the board to re-think the decision to introduce a new leader
and CEO Neil Austrian to the positions on a permanent basis, seven months after the abrupt departure of predecessor Steve Odland . Despite being 71, Austrian's achievements since taking charge in November "led the board to re-think the decision
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
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
products, we expect revenue to be flattish in fiscal 2011 before giving way to modest increases in subsequent years. Steve Odland became chairman and CEO of Office Depot in March 2005 after Bruce Nelson resigned in 2004. We were encouraged that
who has been with the firm for more than 10 years, became the fourth CEO in the company's 25-year history after Steve Odland left in 2005. In June 2007, Rhodes also took on the role of chairman of the board of directors. While we'd rather
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
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
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