Office Depot, CEO Agree to Part Ways
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Office Depot Inc. chairman and CEO Bruce Nelson has resigned after four years in the job at the nation's second largest office supply retailer, which has been struggling with lower sales and tough competition from Staples Inc. and OfficeMax.
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Home Depot Inc.  has agreed to sell its supply division to three private equity firms, sources said on Tuesday, in a roughly $10 billion deal that unloads a business the home-improvement retailer's former chief executive worked to expand.
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OfficeMax Inc. OMX.N Chief Executive  Christopher Milliken resigned on Monday after less than four  months on the job, the second top official to leave the office  products retailer amid a billing scandal.
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Patricia C. Dunn resigned and will be replaced by the companyÂs chief executive. Also, two key members of H.P.Âs investigation task force are said to be out.
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The company has decided to leave the public markets.
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The Home Depot has reached agreement with a shareholder group that had threatened a proxy fight over the companyâs strategy.
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The Microsoft Corp.  executive in charge of closing the gap on Web search leader Google Inc  is leaving the company, a source familiar with the situation said on Wednesday.
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Office Depot Inc. chairman and CEO Bruce Nelson has been forced out after four years in the job for what his interim successor said Monday were failures of execution
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DELRAY BEACH, Fla.  - Office Depot Inc. announced plans Friday to cut roughly another 800 jobs, including positions in retail stores, its corporate headquarters and its European sales force, officials said.
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After implementing an audacious plan to push deep into the Northeast and negotiating the purchase of French contract stationer Guilbert SA, Bruce Nelson has resigned as Office Depot Inc.
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OfficeMax Inc., the office products retailer, announced the resignation of new chief financial officer Brian Anderson on Wednesday and said it will delay the release of fourth-quarter earnings until the completion of an internal investigation that has turned up evidence of accounting problems.
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Office Depot Inc. Monday said Chairman and Chief Executive Bruce Nelson resigned ââby mutual agreementââ with the board, after four years at the helm.
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Office Depot Inc. (ODP.N: Quote, Profile, Research) , the No. 2 US office supply chain, on Monday said Chairman and Chief Executive Officer Bruce Nelson has resigned and a search for his successor is underway.
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Troubled office products retailer OfficeMax Inc. announced the resignation Monday of its CEO  --  the third high-level executive to depart the company this year  --  and fired two more employees as a result of an ongoing internal investigation into its accounting. Its shares tumbled more than 6 percent.
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Wal-Mart said it had ended the business because Hewlett-Packard, a chief technology partner, had decided to discontinue essential infrastructure for the service.
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A senior vice president, Mike Volpi, is leaving the company after 13 years.
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The popular doughnut-making company said Daryl G. Brewster was leaving his position for personal reasons.