Office Depot names finance chief
Office Depot’s new CFO comes from the aerospace industry.
The company has tapped Joseph T. Lower as executive VP and CFO, effective January 8, 2018. He succeeds Stephen E. Hare, who is retiring after four years in the role. Hare will assist in the transition of duties.
Lower most recently served as VP and CFO at B/E Aerospace. Prior to joining B/E in 2014, he was VP of business development and strategy for The Boeing Company, where he spent 12 years.
Among other finance positions, Lower spent six years with Credit Suisse in various investment banking roles.
“Office Depot is in an exciting early stage of transforming from a traditional provider of primarily office products into a broader product and business services platform, and I’m honored to be joining the team at this pivotal time,” said Lower. “The company has a strong balance sheet and a willingness to reinvest to strengthen its core while concurrently pursuing innovative opportunities to leverage its key assets and disrupt traditional retail thinking.”
The company has tapped Joseph T. Lower as executive VP and CFO, effective January 8, 2018. He succeeds Stephen E. Hare, who is retiring after four years in the role. Hare will assist in the transition of duties.
Lower most recently served as VP and CFO at B/E Aerospace. Prior to joining B/E in 2014, he was VP of business development and strategy for The Boeing Company, where he spent 12 years.
Among other finance positions, Lower spent six years with Credit Suisse in various investment banking roles.
“Office Depot is in an exciting early stage of transforming from a traditional provider of primarily office products into a broader product and business services platform, and I’m honored to be joining the team at this pivotal time,” said Lower. “The company has a strong balance sheet and a willingness to reinvest to strengthen its core while concurrently pursuing innovative opportunities to leverage its key assets and disrupt traditional retail thinking.”