Ron Sargent
| Ron Sargent | |
|---|---|
| Born | Ronald L. Sargent |
Ronald L. "Ron" Sargent is the current Chairman and CEO of Staples, Inc.[1]
Ronald Sargent joined Staples in 1989 after 10 years with Kroger Co. He has been CEO of Staples since 2002.
On May 31, 2016, Ron Sargent announced that he would step down as CEO of Staples after the company's annual shareholder meeting on June 14, 2016. The company's board of directors and Mr. Sargent mutually agreed that it was time for new management to step in to help Staples grow after Staples and Office Depot called off their $6 billion merger amid regulatory roadblocks. [2]
Mr. Sargent will remain a director and non-executive chairman through the end of the company's fiscal year in January 2017.
References
- ↑ "Ronald L. Sargent". Bloomberg Business. Bloomberg. Retrieved 5 April 2015.
- ↑ "Staples CEO Ron Sargent to Step Down. Move follows failed attempt to merge with Office Depot". Wall Street Journal. WSJ. Retrieved 31 May 2016.
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