– USA, FL – The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform, today announced the appointment of Marcus Dunlop to its Board of Directors, expanding the Board to ten directors.
Marcus Dunlop is a partner at HG Vora Capital Management which owns through its affiliates 9.5% of ODP’s common stock.
“We are pleased to welcome Marcus to ODP’s Board,” said Board Chairman, Joseph Vassalluzzo. “The perspective of an investment professional of one of our largest shareholders will be valuable as we continue our work in transforming the Company into a leading, integrated B2B provider of business solutions.”
“We appreciate HG Vora’s support as one of the Company’s largest shareholders and look forward to Marcus’s contributions during this exciting time for our Company,” said CEO, Gerry Smith.
About
Dunlop has served as an investment professional at HG Vora since 2009, where he focuses on value-oriented and event-driven investments across the capital structure. Previously, he was an analyst at Goldman Sachs Group, Inc. in the Bank Debt Portfolio Group focusing on credit analysis and restructuring the debt of non-investment grade companies.
“ODP has made significant progress in pivoting its business to a compelling B2B platform and is committed to delivering superior shareholder value by continuing its growth initiatives and exploring potential strategic transactions,” said Dunlop. “I look forward to working with my fellow ODP directors as the Company continues its evolution.”
Dunlop graduated from Illinois Wesleyan University summa cum laude with a Bachelor of Arts in Economics and Business Administration with a concentration in Finance.
About The ODP Corporation
The ODP Corporation 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 distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals, and technicians, online presence, and approximately 1,200 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: https://www.officedepot.com/
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