Staples Nominates Kamlani To Board Of Directors

Staples has nominated Kunal Kamlani, formerly president of Prestige Cruise Holdings, for election to its board of directors at the company’s annual meeting.

Kamlani served as president and chief operating officer of Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas Cruises, from 2011 to 2014. He also served as CFO at the company. From 2010 to 2011, Kamlani served as head of the global investment solutions division of Bank of America/Merrill Lynch. Prior to that, he served as managing Director and COO of Smith Barney. He is a member of the board of Sears Holdings Corporation and serves on the audit committee.

 “We have an extremely strong board with extensive skills and experience in areas including integration, strategic planning, e-commerce and operations,” said Ron Sargent, Staples’ chairman and CEO. “We look forward to working with Kunal, and we are confident he will help us continue to build value for our stockholders through our reinvention and the acquisition of Office Depot. We will continue to work to close the Office Depot transaction and prepare for a seamless integration.”

Staples noted that it will add two Office Depot directors upon completion of the Office Depot transaction.