Staples Names Shira Goodman CEO
September 26 2016 - 9:30AM
Dow Jones News
Staples Inc. on Monday said it named Shira Goodman chief
executive, cementing her role at the helm of the office-supplies
company as it tries to reshape its business.
Ms. Goodman, a Staples veteran, has served as interim CEO since
May, when longtime leader Ron Sargent agreed to resign after a
federal judge blocked the retailer's attempt to acquire rival
Office Depot Inc.
Staples' results have been dragged down recently as an
increasingly digital workplace has dented sales. The company hoped
to weather the changing retail market by bulking up, but with the
failed Office Depot merger behind it, Staples is seeking to realign
its operations. It is more aggressively going after midmarket
business clients, closing retail stores, reducing costs and
focusing its business on North America.
"We're moving from a product focus to a customer focus," Ms.
Goodman said on a conference call with analysts in August. "We're
moving from a retail culture to a delivery culture."
Ms. Goodman's prior roles at Staples, which she joined in 1992,
include a stint as president of Staples' North American operations.
She has also served as an executive in its human-resources and
marketing divisions.
Staples shares, which have fallen 10% so far this year, were
inactive in premarket trading.
Write to Joshua Jamerson at joshua.jamerson@wsj.com
(END) Dow Jones Newswires
September 26, 2016 09:15 ET (13:15 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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