Steele Named Office Depot VP/Investor Relations

Office Depot, Inc. has announced the appointment of Michael Steele as vp/investor relations, effective immediately. He reports to Stephen Hare, executive vp and CFO, the company reported.

Steele will develop and execute Office Depot’s investor relations strategy as the primary interface for management and the financial community, the retailer related. He plans to relocate to the Office Depot corporate headquarters in Boca Raton, FL. Steele had served as vp/investor relations for OfficeMax Inc.

“As we work to integrate Office Depot and OfficeMax, clear and effective communication with our investors and the financial community is essential,” Hare said. “We are excited about the depth of experience and expertise that Mike brings to this role, particularly the relationships that he has formed while at OfficeMax.”

Rich Leland, who led both treasury and investor relations for Office Depot since April 2013, will continue as vp/finance and treasurer, assuming additional responsibilities in an expanded role, the retailer noted.