Staples CEO to Step Down After Office Depot Deal Termination
Office supplies retailer Staples Inc., which called off a deal to buy smaller rival Office Depot Inc. this month, said Chief Executive Ron Sargent will step down after the company’s annual meeting on June 14. The decision comes three weeks after a U.S. federal judge ordered to halt the deal because of antitrust concerns. “With the termination of the merger, we mutually agreed that now is […]