Michel A. Steele Named As Vice President, Investor Relations For Office Depot Inc (NYSE:ODP)


Dallas, Texas 02/11/2014 (FINANCIALSTRENDS) – In a recent announcement made by the Office Depot Inc (NYSE:ODP) company they have named Michel A. Steele as their Vice President, Investor Relations. Steele will report directly to Stephan E. Hare who is Executive Vice President and Chief Financial Officer. The main role of the Steele would be to develop and execute the company’s investor relations strategy and will serve as the primary interface for management and the financial community. As per the latest news it is believed that Steele will relocate the company’s corporate headquarters to Boca Raton in the coming months.

Prior to this appointment Steele was working as Vice President, Investor Relations with Office Max and has been working with them since July, 2007.  Steele aged 41 is a CFA charter holder and has completed his graduation with MBA from Loyola University, Chicago.

An Overview of the Office Depot Inc (NYSE:ODP)

Office Depot Inc. deals in various office products and solutions and this company was formed after the merger between Office Depot and Office Max. The company is a leading global provider of services, products and solutions for workplaces. The workplace can be your office, home, car or school.

The company acts as a catalyst and resource to help customers in a perfect manner. The company also acts as a single source for fulfilling all the customer’s needs so that he can become more productive with the introduction of latest technology. The company also provides core office supplies, document and print services as well as business services that include various facilities such as furniture, products and essential school items. If we talk about the annual sale figures of the company then it is about $17 billion and has got about 6,000 associates working for it. Another best part about the company is that it has about 2,200 retail stores spread across  59 different countries.