An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
The ODP Corporation Announces Retirement of Board Member Francesca Ruiz de Luzuriaga
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
The ODP Corporation (NASDAQ: ODP) announced the retirement of Francesca Ruiz de Luzuriaga from its Board of Directors, effective December 31, 2021. Ms. Luzuriaga has served on the board since 1998, contributing significantly to the company’s transformation as a business solutions provider. Joseph S. Vassalluzzo, Non-Executive Chair, praised her financial expertise and leadership during her tenure, which included roles on key board committees. The ODP Corporation continues to serve small to enterprise businesses through its integrated B2B distribution platform.
Positive
Francesca Ruiz de Luzuriaga contributed over two decades of service, providing valuable insights and guidance.
Her leadership enhanced the company's transformation into a business solutions provider.
Negative
The retirement raises concerns about continuity and potential experience gaps in the Board.
BOCA RATON, Fla.--(BUSINESS WIRE)--
The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (the “Company”), announced today that Francesca Ruiz de Luzuriaga has decided to retire from the Board of Directors effective December 31, 2021. Ms. Luzuriaga has served as a director for The ODP Corporation and at its predecessors Office Depot, Inc. and OfficeMax Incorporated since 1998.
“Cesca has made significant and meaningful contributions as a valuable member of the Board for over two decades,” said Joseph S. Vassalluzzo, The ODP Corporation’s Non-Executive Chair of the Board. “Her financial acumen and deep understanding of our business have helped guide our ongoing transformation as a business solutions provider and platform.”
During her tenure as a director of The ODP Corporation, Ms. Luzuriaga served on several board committees, including current chair of the Compensation and Talent Committee and immediate past chair of the Audit Committee.
About The ODP Corporation
The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,100 stores. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business. For more information, visit news.theodpcorp.com and investor.theodpcorp.com.
