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Office Depot, Inc. Names Michael A. Steele Vice President, Investor Relations

Office Depot, Inc. (NYSE: ODP), a leading global provider of  office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced the appointment of Michael A. Steele as Vice President, Investor Relations, effective immediately. Steele reports to Stephen E. Hare, Executive Vice President and Chief Financial Officer.

Steele will develop and execute Office Depot’s investor relations strategy, serving as the primary interface for management with the financial community. He plans to relocate to the Office Depot corporate headquarters in Boca Raton in the coming months.

Rich Leland, having led both treasury and investor relations for Office Depot since April 2013, will continue as Vice President Finance and Treasurer, assuming additional key responsibilities in an expanded role.

Steele most recently served as Vice President, Investor Relations for OfficeMax Incorporated, where he had been employed since July 2007. Previously, he worked at The ServiceMaster Company, a residential and commercial service network, in various corporate finance roles including financial planning, treasury, and mergers and acquisitions. Early in his career, he held financial roles in the telecommunications industry and banking.

“As we work to integrate Office Depot and OfficeMax, clear and effective communication with our investors and the financial community is essential,” said Steve Hare. “We are excited about the depth of experience and expertise that Mike brings to this role, particularly the relationships that he has formed while at OfficeMax.”

Steele, 41, is a CFA charterholder and graduated with an MBA from Loyola University Chicago and with a BS from Northern Illinois University. He has been an active member of the Senior Roundtable of the National Investor Relations Institute (NIRI), and is a former board member of NIRI’s Chicago chapter.

About Office Depot, Inc.

Formed by the merger of Office Depot and OfficeMax, Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school, or car.

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