Staples 2003 Annual Report Download - page 42

Download and view the complete annual report

Please find page 42 of the 2003 Staples annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

Prior to that, Mr. Doody served at Eastman Kodak for over 20 years in positions of increasing responsibility, ending
with President of North American Office Imaging.
John J. Mahoney, age 51
Mr. Mahoney has served as Executive Vice President, Chief Administrative Officer and Chief Financial Officer
since October 1997. Prior to that, he was Executive Vice President and Chief Financial Officer from September 1996
to October 1997. Prior to joining Staples, Mr. Mahoney was a partner with Ernst & Young LLP, where he served in
various capacities in its accounting and auditing groups from 1975 to 1996.
Demos Parneros, age 40
Mr. Parneros has served as President—U.S. Stores since April 2002. Prior to that, he served in various capacities
since joining Staples in October 1987, including Senior Vice President of Operations from March 1999 to
March 2002 and Vice President of Operations from September 1996 to February 1999.
Ronald L. Sargent, age 47
Mr. Sargent has served as President and Chief Executive Officer of Staples since February 2002 and as a Director
since 1999. Prior to that, he served in various capacities since joining Staples in March 1989, including President and
Chief Operating Officer of Staples from November 1998 to February 2002, President-North American Operations
from October 1997 to November 1998, and President-Staples Contract & Commercial from June 1994 to
October 1997.
Thomas G. Stemberg, age 54
Mr. Stemberg has served as Chairman of the Board of Directors of Staples since February 1988 and an executive
officer of Staples with the title of Chairman since February 2002. Mr. Stemberg founded Staples and was Chief
Executive Officer of Staples from January 1986 to February 2002.
Jack A. VanWoerkom, age 49
Mr. VanWoerkom has served as Senior Vice President, General Counsel and Secretary since March 1999. Prior to
that, he served as General Counsel of Teradyne, Inc. from January 1998 to March 1999. From January 1994 to
June 1997, Mr. VanWoerkom was Chief Legal Counsel, Vice President of Development and Managing Director of
Europe for A.W. Chesterton.
Joseph S. Vassalluzzo, age 54
Mr. Vassalluzzo has served as a Vice Chairman since December 1999. Prior to that, he served in various capacities
since joining Staples in September 1989, including President, Realty and Development from October 1997 to
December 1999, President—Staples Realty from September 1996 to October 1997, Executive Vice President—
Growth and Development from November 1993 to September 1996, and Executive Vice President—Growth and
Support Services from April 1993 to November 1993.
Item 2. Properties
As of February 1, 2003, we operated 1,488 superstores in 45 states, the District of Columbia, 10 provinces in Canada,
10 regions in the United Kingdom, 9 regions in Germany, in the Netherlands and in Portugal. Staples also operates 39
distribution centers. The following table sets forth the locations of our facilities as of February 1, 2003.
RETAIL STORES
United States (cont.) United States (cont.)
United States
Kansas ................. 3 New Jersey .............. 63
Alabama ............... 12 Kentucky ............... 8 New Mexico ............. 7
Arizona ................ 26 Maine ................. 10 New York .............. 106
Arkansas ............... 4 Maryland ............... 35 North Carolina ........... 34
California ............... 159 Massachusetts ............ 47 North Dakota ............ 2
Colorado ............... 3 Michigan ............... 30 Ohio .................. 48
Connecticut ............. 32 Minnesota .............. 2 Oklahoma .............. 16
Delaware ............... 5 Mississippi .............. 2 Oregon ................ 17
Florida ................ 48 Missouri ............... 9 Pennsylvania ............. 76
Georgia ................ 32 Montana ............... 6 Rhode Island ............ 8
Idaho ................. 7 Nebraska ............... 4 South Carolina ........... 15
Iowa .................. 12 Nevada ................ 1 Tennessee ............... 17
Illinois ................. 15 New Hampshire .......... 18 Texas .................. 31
Indiana ................ 27
8