|Mike Miles Assumes Responsibilities for Staples International;Peter Ventress to Accept Position Outside the Company
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Jul. 31, 2009--
Staples, Inc. (Nasdaq: SPLS) today announced that Mike Miles, Staples
president and chief operating officer, will assume responsibilities for
Staples International effective September 1. Miles takes on the
responsibilities from Peter Ventress who is leaving the company to
accept a position as CEO of a UK-based public company.
“I’d like to thank Peter for his contributions to the company over the
past year. He’s been instrumental to the success of the Corporate
Express integration effort. We wish Peter all the best in the future,”
said Ron Sargent, Staples chairman and chief executive officer. “As we
move ahead, Mike brings his tremendous leadership skills to his new
responsibilities. He will drive our growth throughout Europe and in
high-growth markets as Staples works to become the world’s best office
Miles joined Staples in 2003 as chief operating officer and was promoted
in 2006 to president and chief operating officer. He has driven
industry-leading growth across the company’s North American business
units, entering new retail markets, acquiring new business delivery
customers of all sizes and expanding product and service offerings
beyond office supplies. Miles will now be responsible for all of
Staples’ international businesses. The company’s US retail and delivery
businesses will report to Ron Sargent.
Staples, the world’s largest office products company, is committed to
making it easy for customers to buy a wide range of office products,
including supplies, technology, furniture, and business services. With
2008 sales of $23 billion and 91,000 associates worldwide, Staples
serves businesses of all sizes and consumers in 27 countries throughout
North and South America, Europe, Asia and Australia. In July 2008,
Staples acquired Corporate Express, one of the world’s leading suppliers
of office products to businesses and institutions. Staples invented the
office superstore concept in 1986 and is headquartered outside Boston.
More information about Staples (Nasdaq: SPLS) is available at www.staples.com.
Source: Staples, Inc.
Owen Davis, 508-253-8468