FRAMINGHAM, Mass.--(BUSINESS WIRE)--Apr. 3, 2013--
Staples, Inc. (Nasdaq: SPLS), the world’s largest office products
company and second largest internet retailer, today announced that Raul
Vazquez, Chief Executive Officer and Director of Progreso Financiero,
has been nominated for election to the company’s Board of Directors. The
election of Directors will take place at the company’s Annual Meeting,
scheduled for June 3, 2013.
“We’re very pleased to nominate Raul Vazquez to our Board of Directors,”
said Ron Sargent, Staples’ chairman and chief executive officer. “Raul
would be an outstanding addition to our board. He is a multi-channel
veteran with deep digital expertise and leadership experience in retail,
marketing and operations. His global e-commerce perspective would be
particularly valuable as we focus on rapidly increasing online sales as
part of our strategic reinvention.”
Vazquez joined Progreso Financiero, a financial services company serving
the needs of the growing Hispanic market, in 2012. Prior to that, he
held executive roles with Wal-Mart Stores, Inc. and served as Chief
Executive Officer of Walmart.com, where he oversaw day-to-day operations
and drove a strategy to bring greater value and convenience to customers
with a seamless multi-channel approach.
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/media.
IMPORTANT ADDITIONAL INFORMATION WILL BE FILED WITH THE SEC
Staples will be filing with the SEC and mailing to its stockholders a
proxy statement relating to the election of directors, including Mr.
Vazquez, at its 2013 Annual Meeting. The proxy statement will contain
important information about Staples and its director nominees.
Stockholders are urged to read the proxy statement carefully when it is
available. Stockholders and other interested persons will be able to
obtain free copies of the proxy statement through the website maintained
by the SEC at www.sec.gov
and through Staples’ own website at http://investor.staples.com.
Staples and its directors and executive officers may be deemed to be
participants in the solicitation of proxies in connection with the 2013
Annual Meeting. Information regarding Staples’ directors and executive
officers is contained in Staples Form 10-K for the year ended February
2, 2013 and its proxy statement dated April 23, 2012, which are filed
with the SEC.
Source: Staples, Inc.
Kirk Saville/Owen Davis