The ODP Corporation Announces Board Changes
03 Juni 2024 - 10:01PM
Business Wire
Proven Finance Executives Amy Schioldager and
Evan Levitt to Join the Board
Wendy Schoppert Appointed Board Chair
The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a
leading provider of business services, products and digital
workplace technology solutions to businesses and consumers, today
announced the appointment of financial executives Amy Schioldager
and Evan Levitt to its Board of Directors.
The Company also announced that Wendy Schoppert, ODP Board
member since 2020, will assume the role of independent Board Chair
as Joseph Vassalluzzo steps down from the Board after 11 years of
service.
These changes will be effective on June 10, 2024. ODP’s Board
size will be increased from seven members to eight, with directors
having an average tenure of approximately five years.
“We are thrilled to welcome Amy and Evan to the ODP Board at
this juncture, as we continue to evolve our business and position
our Company to drive future profitable growth,” said Wendy
Schoppert, Chair-Elect of the Board. “They bring valuable
perspectives to further enhance the diverse skills of our Board,
advance our value creation initiatives, and champion the continued
growth of our strong 5C Culture.”
“Both Amy and Evan are proven financial executives with decades
of leadership experience at Fortune 500 companies,” Schoppert
continued. “With 25 years of experience at BlackRock, Amy brings
technical and strategic expertise, having led investment teams
across markets and segments, and has deep shareholder and public
company governance experience. Evan has extensive financial and
audit expertise across industries, as well as a strong
understanding of distribution and consumer businesses. We look
forward to leveraging their unique backgrounds as we continue to
focus on driving long-term profitable growth and shareholder
value.
“We would also like to thank Joe for his Board service,
including as independent Chairman for the past seven years. His
leadership and insight have been instrumental through ODP’s
evolution. We wish him all the best in the future,” Schoppert
concluded.
About Amy Schioldager
Amy has over 25 years of experience in various leadership
positions at BlackRock, Inc., where she led investment teams across
global equity markets and client segments. Most recently, Amy
served as Senior Managing Director and Global Head of Beta
Strategies. In this role, she oversaw $2.5 trillion in assets under
management across seven global offices. She also served on
BlackRock’s Global Executive Committee, which oversaw $11 billion
in profit and loss and 13,000 employees across 30 countries. In
addition to her investment and business leadership experience, Amy
has strong board experience: she currently serves on the public
company boards of Intermediate Capital Group plc and Corebridge
Financial Inc, as well as the private organization boards of
Boardspan Inc and California State University – East Bay. She
previously served on the board of American International Group
Inc.
About Evan Levitt
Evan brings over 30 years of experience in finance and
accounting and has served in numerous leadership positions across
industries. Most recently, Evan was Interim Executive Vice
President and Chief Financial Officer at BrandSafway, a leading
construction company providing solutions to the industrial,
commercial and infrastructure markets. Prior to that, he held
various leadership roles at The Home Depot, Inc. / HD Supply
Holdings over the course of 17 years, during which time he played a
pivotal role in negotiating the sale of HD Supply to The Home
Depot, Inc. His most recent role at the company was as Senior Vice
President, Chief Financial Officer, Chief Administrative Officer of
HD Supply Holdings Inc. He currently serves on the private company
boards of Artera Services, where he is a member of the Audit
Committee, and WASH, where he serves as the Chairman of the Audit
and Risk Committee.
About The ODP Corporation
The ODP Corporation (NASDAQ:ODP) is a leading provider of
products, services, and technology solutions through an integrated
business-to-business (B2B) distribution platform and omni-channel
presence, which includes supply chain and distribution operations,
dedicated sales professionals, a B2B digital procurement solution,
online presence, and a network of Office Depot and OfficeMax retail
stores. Through its operating companies ODP Business Solutions,
LLC; Office Depot, LLC; Veyer, LLC; and Varis, Inc, The ODP
Corporation empowers every business, professional, and consumer to
achieve more every day. For more information, visit
theodpcorp.com.
ODP and ODP Business Solutions are trademarks of ODP Business
Solutions, LLC. Office Depot is a trademark of The Office Club,
LLC. OfficeMax is a trademark of OMX, Inc. Veyer is a trademark of
Veyer, LLC. Varis is a trademark of Varis, Inc. Grand&Toy is a
trademark of Grand & Toy, LLC in Canada. ©2023 Office Depot,
LLC. All rights reserved. Any other product or company names
mentioned herein are the trademarks of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20240603737254/en/
Tim Perrott Investor Relations 561-438-4629
Tim.Perrott@theodpcorp.com
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