Office Depot taps turnaround veteran to lead merged retailer

Office Depot, which closed last week on its merger with OfficeMax, has named former Delhaize U.S. division head Roland Smith as chief executive of the newly merged company. Smith, who was instrumental in integrating the Wendy's and Arby's brands, has also headed turnarounds at American Golf Corp. and bowling-center operator AMF, Office Depot said. The former CEOs of Office Depot and OfficeMax have stepped down.

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