Staples 2002 Annual Report Download - page 12

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PROPOSAL 1 — ELECTION OF DIRECTORS
Our Board of Directors is divided into three classes, with members of each class holding office for staggered three-year
terms (in all cases subject to the election and qualification of their successors or to the earlier of their death, resignation
or removal). The persons named in the enclosed proxy will, upon receipt of a properly executed proxy, vote to elect Basil
L. Anderson, George J. Mitchell, Robert C. Nakasone, Ronald L. Sargent and Thomas G. Stemberg as Class 3 Directors
for a term expiring at the 2006 Annual Meeting, unless authority to vote for the election of any or all of the nominees is
withheld by marking the proxy to that effect. Each of the nominees is currently a Staples Class 3 Director whose term expires
at the 2003 Annual Meeting. All of the nominees have indicated their willingness to serve if elected, but if any should be
unable or unwilling to stand for election, proxies may be voted for a substitute nominee designated by the Board of Directors.
Set forth below are the names and certain information with respect to each of the nominees to serve as a Director of
Staples.
Nominees to Serve as Directors for a Three-Year Term Expiring at the 2006 Annual Meeting
(Class 3 Directors)
Served as a
Director
Since
Basil L. Anderson, age 58
A Vice Chairman of Staples since September 2001. Prior to joining
Staples, Mr. Anderson served as Executive Vice President —
Finance and Chief Financial Officer of Campbell Soup Company
from April 1996 to April 2000. Prior to joining Campbell Soup,
Mr. Anderson was with Scott Paper Company where he served in
a variety of capacities beginning in 1975, including Vice President
and Chief Financial Officer from February 1993 to December
1995. Mr. Anderson is also a Director of Hasbro, Inc.
1997
George J. Mitchell, age 69
Partner at the law firm of Piper Rudnick since October 2002, when
Piper Rudnick merged with Verner, Liipfert, Bernhard, McPherson
and Hand where Senator Mitchell had been Special Counsel from
1995 to October 2002. Appointed to the United States Senate in
1980, Senator Mitchell served until he left the Senate in 1995 as
Majority Leader, a position he had held since January 1989. Senator
Mitchell is also a Director of The Walt Disney Company, FedEx
Corporation and Starwood Hotels & Resorts, Inc.
September 1998
Robert C. Nakasone, age 55
Chief Executive Officer of NAK Enterprises, L.L.C., an investment
and consulting company, since January 2000. Prior to that, he
served as Chief Executive Officer of Toys “R” Us, Inc., a retail store
chain, from February 1998 to September 1999. Previously,
Mr. Nakasone served in other positions with Toys “R” Us,
including President and Chief Operating Officer from January 1994
to February 1998 and Vice Chairman and President of Worldwide
Toy Stores from January 1989 to January 1994. Mr. Nakasone is
also a Director of eFunds Corporation.
1986
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