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Former Delhaize CEO to lead the new Office Depot
Less than a week after Office Depot and Officemax consummated their merger, the combined companies have a new chairman and CEO in former Delhaize America CEO Roland Smith.
In conjunction with the appointment of Smith, who also previously served as CEO of Wendy’s, the two CEOs of Office Depot and OfficeMax who were serving as co-CEOs of the combined company both resigned. Neil Austrian served as CEO of Office Depot and Ravi Saligram served as CEO of OfficeMax prior to the merger.
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Rite Aid adds Catholic Health Initiatives CEO to board
Rite Aid has elected president and CEO of Catholic Health Initiatives Kevin Lofton to its board of directors.
Lofton has worked with the Englewood, Colo.-based operator of hospitals and long-term care centers since 1998 and was appointed as its president and CEO in 2003.