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Staples, Inc. Appoints Steven Fund Senior Vice President of Global Brand Marketing

FRAMINGHAM, Mass., Jun 30, 2010 (BUSINESS WIRE) --

Staples, Inc. (Nasdaq: SPLS) today announced the appointment of Steven Fund as senior vice president of global brand marketing, effective July 12. Fund will report to Mike Miles, Staples president and chief operating officer.

"Steve brings 20 years of world class brand management, marketing and advertising experience that will help further Staples recognition as the leading office products and services company," said Miles. "With continued global growth, Steve will guide Staples' efforts to reach businesses with our promise to make buying office products easy, while enhancing our reputation as one of the world's premier brands."

In this new position for the company, Fund will be responsible for the strategic, creative, operational and financial aspects of Staples' brand marketing globally. He will oversee Staples' integrated brand management and marketing communications, with responsibility for the company's brand strategy, marketing, advertising and public and community relations across business units and markets worldwide.

Fund previously served as global marketing director at Procter & Gamble's Gillette Global Business Unit where he was responsible for the Fusion and Mach3 brands. Prior to P&G, he was vice president of brand management at Lycos, Inc. overseeing all marketing worldwide. Up to that time he held various brand management leadership roles at Pepsi-Cola Company and worked as a consultant at McKinsey & Company. He is a graduate of New York University's Stern School of Business.

About Staples

Staples, the world's largest office products company, is committed to making it easy for customers to buy a wide range of office products and services. Our broad selection of office supplies, electronics, technology and office furniture as well as business services, including computer repair and copying and printing, helps our customers run their offices efficiently. With 2009 sales of $24 billion and 91,000 associates worldwide, Staples operates in 25 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Staples invented the office superstore concept in 1986 and today ranks second worldwide in e-commerce sales. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at

SOURCE: Staples, Inc.

Staples, Inc.
Paul Capelli, 508-253-8530
Owen Davis, 508-253-8468