8-K
ODP Corp false 0000800240 0000800240 2021-09-09 2021-09-09

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): September 9, 2021

 

 

THE ODP CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   1-10948   85-1457062

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

6600 North Military Trail,

Boca Raton, FL

    33496
(Address of Principal Executive Offices)     (Zip Code)

(561) 438-4800

(Registrant’s Telephone Number, Including Area Code)

Former Name or Former Address, If Changed Since Last Report: N/A

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

 

Trading

Symbol(s)

 

Name of Each Exchange

on which Registered

Common Stock, par value $0.01 per share   ODP  

The NASDAQ Stock Market

(NASDAQ Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)

On September 9, 2021, The ODP Corporation (the “Company”) announced that Richard Haas, Senior Vice President, Chief Accounting Officer, will leave the Company, effective April 1, 2022, to pursue other interests. To ensure a smooth transition, Mr. Haas will continue to work closely with Executive Vice President, Chief Financial Officer D. Anthony Scaglione, until his departure date. The Company is beginning a search for Haas’ successor and will communicate the appointment at the appropriate time.

A copy of the Company’s press release announcing Mr. Haas’ departure is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit 99.1    Press Release of The ODP Corporation, dated September 9, 2021.
Exhibit 104    Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    THE ODP CORPORATION
Date: September 9, 2021    

/S/ N. DAVID BLEISCH

    Name:   N. David Bleisch
    Title:   EVP, Chief Legal & Administrative Officer and Corporate Secretary
EX-99.1

Exhibit 99.1

 

LOGO

 

Danny Jovic   Tim Perrott
Media Relations   Investor Relations
561-438-1594   561-438-4629
Danny.Jovic@officedepot.com   Tim.Perrott@officedepot.com

The ODP Corporation Announces Chief Accounting Officer

to Leave Company in Q2 2022

BOCA RATON, Fla. – September 9, 2021 The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (the “Company”), announced today that Richard Haas, Senior Vice President and Chief Accounting Officer, will be leaving the Company, effective April 1, 2022, to pursue other interests.

“We appreciate all of Richard’s many contributions to the Company over the years and wish him much success in his future endeavors,” said Gerry Smith, Chief Executive Officer of The ODP Corporation. “To ensure a smooth transition, Richard will continue to work closely with Executive Vice President, Chief Financial Officer D. Anthony Scaglione, until the departure date.”

Haas has held the position of Chief Accounting Officer since May 2019. He first joined the Company in January 2014 as Office Depot’s Vice President of Tax. Prior to joining Office Depot, he was Vice President of Tax for OfficeMax.

The Company is beginning a search for Haas’ successor and will communicate the appointment at the appropriate time.

About The ODP Corporation

The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,100 stores. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the Company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business. For more information, visit news.theodpcorp.com and investor.theodpcorp.com.

ODP and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. CompuCom is a trademark of CompuCom Systems, Inc. Grand&Toy is a trademark of Grand & Toy, LLC in Canada. ©2021 Office Depot, LLC. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners.

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