The ODP Corporation Provides Leadership Update

Core Points - The ODP Corporation announced that Gerry Smith will resume his role as CEO effective February 1, 2024, after a temporary medical leave [1] - Joseph S. Vassalluzzo, who acted as CEO during Smith's absence, will return to his position as independent nonexecutive Chairman of the Board [1] - Dr. David Szymanski will retire from the Board effective February 13, 2024, after serving since 2004 [1][2] - The company is focused on corporate transformation and maximizing stakeholder value [1] Company Overview - The ODP Corporation is a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform and omni-channel presence [3] - The company operates through various subsidiaries, including ODP Business Solutions, Office Depot, Veyer, and Varis, aiming to empower businesses and consumers [3]