FRAMINGHAM, Mass.--(BUSINESS WIRE)--May. 7, 2013--
Staples, Inc. (Nasdaq: SPLS) today announced that Faisal Masud has been
appointed executive vice president, global e-commerce, effective May 20,
2013. In this newly created role, Masud will be responsible for leading
online and digital growth. He will report to Demos Parneros, president
of North American stores and online for Staples.
“Faisal brings deep experience at some of the world’s most innovative
e-commerce companies, including eBay, Groupon and nine years at Amazon,”
Parneros said. “His background managing and developing large-scale
digital businesses will play an important role at Staples as we rapidly
expand our product assortment and grow our online business as part of
our strategic plan.”
In his new role, Masud will be responsible for building Staples’ digital
channels and leading e-commerce efforts across the company, as Staples
invests heavily in digital commerce. Masud will also lead the continued
development of Staples platforms and sites, including staples.com
and the company’s mobile assets.
Masud has over a decade of digital experience, building end-to-end,
global e-commerce solutions that have driven growth and improved the
customer experience. He joins Staples from Groupon, Inc., where he was
vice president and general manager, responsible for managing Groupon
Goods’ strategy and execution in over 35 countries, and directly managed
all functions for his business unit, including merchandising, inventory,
marketing, engineering and operations.
Prior to joining Groupon, Masud was head of global shipping and
cross-border trade for eBay-PayPal, where he designed and managed a
global shipping platform, which made eBay’s marketplace selection
available worldwide, and improved delivery experiences and cost. He also
created a cross-border trade logistics solution, while leading large
cross-functional teams driving shipping efficiency and increased volume.
Previously, he was general manager, worldwide warehouse deals and global
sourcing, with Amazon, where he led the development and implementation
of a new retail storefront and managed the overall strategy for Amazon’s
trade-in platform traffic generation, customer acquisition and pricing
policy. Masud holds a Bachelor of Science degree in business
administration from Southeastern University.
Staples is the world’s largest office products company and second
largest internet retailer. For 26 years, Staples has served the needs of
business customers and its vision is to provide every product businesses
need to succeed. Through its world-class retail, online and delivery
capabilities, Staples offers office supplies, technology products and
services, facilities and breakroom supplies, furniture, copy and print
services and a wide range of other product categories. With thousands of
associates worldwide dedicated to making it easy for businesses of all
sizes, Staples operates throughout North and South America, Europe,
Asia, Australia and New Zealand. The company is headquartered outside
Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com.
Source: Staples, Inc.
Mark Cautela, 508-253-3832