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Staples adds new board members


Framingham, Mass. The addition of two new board members at Staples give the leading office superstore operator additional expertise in two areas important for the company’s future growth.

Joining the Staples board were Justin King, ceo of food retailer J Sainsbury plc in the United Kingdom, and Robert Sulentic, group president at real estatate developer CB Richard Elllis. The expertise of a European food retailing executive and a real estate executive who currently oversees European operations should prove useful as Staples is expected to derive much of its future growth from international operations.

King has served as ceo as J Sainsbury since 2004 and prior to that he was with Marks & Spencer and Wal-Mart’s ASDA division. Sulentic spent the majority of his career with Trammel Crow, having joining the company in 1984. He was eventually named president and ceo of the firm which was acquired by CB Richard Ellis in December 2006.

“Justin brings a wealth of retail industry knowledge and international experience and Bob brings exceptional business acumen and commercial real estate knowledge, making them great additions to our strong board of directors,” said Ron Sargent, Staples chairman and ceo.

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