The Office Times

Office Depot makes new executive appointments

Office Depot Europe says that it is back on track after a period of change, with new senior management appointments and a renewed business strategy.

The company, which was acquired by AURELIUS Equity Opportunities in January 2017, has a renewed focus on office services, solutions and e-commerce.

As part of the new business focus, Office Depot has made two new senior appointments to its leadership team. Udo Heskamp, former CFO/managing director of Nidec Secop has been appointed as the group’s new chief financial officer (CFO). Patrick Dittli joins as chief operating officer (COO), bringing strong experience from a number of larger international companies with operations across Europe, Asia, and North America such as Accenture, Nestlé and most recently METRO AG.

Neil Maslen, CEO and CSO of contract at Office Depot, said: “I am very pleased to announce that Office Depot is well on the road to recovery, with a new, experienced management team and a relentless drive to put our customers at the heart of everything we do.

“Last year saw a period of stabilisation, as we worked closely with AURELIUS to successfully bring our business back on track. This year we are excited to be seeing the results of this stabilisation, with growth once again on the agenda, operating as one company with two great brands.”

Office Depot is also celebrating a number of significant new business wins in H1 2018 including deals with European manufacturer Voestalpine, a well-known UK high street bank and UK high street retailer.