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Office Depot on the hunt for a CEO
Office Depot has joined Staples in the search for a new chief executive. Office Depot announced Monday that Roland Smith plans to retire as CEO of the company. In June, Staples CEO Ron Sargent stepped down and the chain is still looking for a successor. The resignations come several months after the merger between the two retailers was dropped over antitrust concerns. -
Macy’s nabs Toys ‘R’ Us exec as new CMO
Marketing in the department store arena may be new for Rich Lennox, but he’s got plenty of retail marketing experience under his belt. The CMO for Toys “R” Us, who also served in the same capacity for Zales Corp., will take the marketing reins of Macy’s Inc., effective Sept. 15. Lennox, 51, succeeds Martine Reardon, who left Macy’s in May. He will lead a branding and marketing strategy charge across all channels, reporting to president Jeff Gennette.
