ODP won’t sell consumer business

ODP won’t sell consumer business

Following a review of the public and private non-binding proposals, the Board of Directors unanimously determined it is in the best interests of the company and its shareholders not to divest the consumer business. The ODP Corporation (ODP) announced that its Board of...
ODP won’t sell consumer business

The ODP Corporation promotes David Centrella

The ODP Corporation announced that David Centrella has been promoted to Executive Vice President, reporting directly to Chief Executive Officer of The ODP Corporation, Gerry Smith. In his new position, Centrella will also serve as President of ODP Business Solutions,...
The ODP Corporation sells CompuCom subsidiary

The ODP Corporation sells CompuCom subsidiary

The ODP Corporation announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million (€269 million). The transaction consideration of up to $305 million (€269 million) consists of a mix of cash, an...