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Former Dick’s, Kmart exec to lead education company
RIVER GROVE, Ill. — Follett Corporation has named former Dick’s Sporting Goods executive Don Germano as president and chief operating officer of the Follett Higher Education Group. He replaces Tom Christopher, who announced plans to retire, effective August 30.
Christopher was president and chief operating officer of the Follett Higher Education Group for nearly 12 years.
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Office Depot tries to make peace with Starboard
BOCA RATON, Fla. — Office Depot is extending an olive branch to its largest shareholder, Starboard Value LLP, to settle a dispute about who should serve on the company’s board of directors.
In a press release, Office Depot said that if CEO Selection Committee members Tom Colligan and Marsha Evans are re-elected, the company would immediately invite to its board of directors any of the three Starboard nominees recommended by proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis who are not elected.