Office Depot names Odland as CEO

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Delray Beach, Fla.—Office Depot announced Monday that it has named Steve Odland chairman-CEO.

Odland joins Office Depot from AutoZone, where he had been chairman-president-CEO since January 2001.

"With his background in marketing and merchandising, his demonstrated focus on building loyalty through customer service and satisfaction, and an unparalleled record in the creation of shareholder value, we could not have found a better fit for our company," Neil R. Austrian, an Office Depot board member who has served as interim chairman-CEO since October, said in a statement.

Former chairman-CEO Bruce Nelson resigned in October by mutual agreement with the board of directors.

—Sean Callahan

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