Office Depot, Inc. Names Juliet Johansson Executive Vice President and Chief Strategy Officer

Office Depot, Inc. (NYSE:ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today announced the appointment of Juliet Johansson as Executive Vice President and Chief Strategy Officer, effective immediately. Johansson is a member of Office Depot’s Executive Committee and reports to Roland Smith, Chairman and CEO of Office Depot, Inc.

“Juliet brings the ideal mix of advisory talent and practical experience necessary to lead our efforts to define and develop key strategic initiatives,” said Smith. “Her proven track record of developing and implementing strategy in diverse business environments gives me great confidence that she will be instrumental in our work to identify exciting new growth opportunities.”

Johansson’s background includes a decade of strategic advisory experience with premier firms McKinsey & Company and The Blackstone Group. During her eight year tenure with McKinsey, Johansson advised C-level executives in the retail, consumer products, fast food and high technology sectors as Associate Principal and co-leader of the Sales and Marketing Practice. From McKinsey, she joined Ryder System, where she spent five years in senior roles responsible for strategy, national sales and marketing.

Most recently Johansson served as Senior Vice President, Global Commercial Business for dental implant manufacturer Biomet 3i, a company she advised during her time with Blackstone.

“I’m excited to join Office Depot at such a pivotal time in the company’s history and am looking forward to defining the strategies that will drive the business forward,” said Johansson. “It’s clear that the management team is committed to identifying and implementing product, service and solutions initiatives that will drive top-line growth.”

Johansson, 44, earned a B.A. in Economics from Duke University and an M.B.A. from the University of Chicago Graduate School of Business.

About Office Depot, Inc.

Formed by the merger of Office Depot and OfficeMax, Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school, or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has combined annual sales of approximately $17 billion, employs over 60,000 associates, and serves consumers and businesses in 57 countries with more than 2,200 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, joint ventures, franchisees, licensees and alliance partners. The company’s portfolio of leading brands includes Office Depot, OfficeMax, OfficeMax Grand & Toy, Viking, Ativa, TUL, Foray, and DiVOGA.

Office Depot, Inc.’s common stock is listed on the New York Stock Exchange under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Additional information about the recently completed merger of Office Depot and OfficeMax can be found at http://officedepotmaxmerger.com.