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CORPORATE GOVERNANCE
14 STAPLES Notice of Annual Meeting of Stockholders
Nominating and Corporate Governance Committee
Vijay Vishwanath
Chairperson
“Our top priority is to align the skills and experience of our
directors and our Board leadership structure to support our
strategic reinvention and the best interests of shareholders
over the long-term.”
Other Committee
Members
Drew G. Faust
Rowland T. Moriarty
Robert C. Nakasone
Meetings in 2014
3 in person, 3
telephonic
Introduction
The members of the Nominating and Corporate Governance Committee are independent directors,
as defined by its charter and the rules of the NASDAQ Stock Market.
Key Objective
The Nominating and Corporate Governance Committee’s responsibilities include providing
recommendations to our Board regarding leadership structure, nominees for director, membership
on our Board committees, and succession matters for our CEO. An additional function of the
Nominating and Corporate Governance Committee is to develop and recommend to our Board our
Corporate Governance Guidelines and to assist our Board in complying with them.
Further Areas of Responsibility
✓ Oversees the self-evaluation of our Board and committees to assess whether they are functioning
effectively.
✓ Coordinates the formal evaluation of our Chairman, the CEO and other officers deemed
appropriate by the Corporate Governance Guidelines.
✓ Reviews and resolves conflict of interest situations and related party transactions.
✓ Oversees our political contributions and recommends to our Board any proposed revisions to our
Corporate Political Contributions Policy Statement.
2014 Highlights
The Nominating and Corporate Governance Committee spent significant time in 2014 on director
recruitment. With the help of an executive recruiting firm, the Nominating and Corporate Governance
Committee met on several occasions to discuss the qualifications, feedback, references and
other items regarding potential director candidates. The Nominating and Corporate Governance
Committee also focused heavily on investor feedback and developing responsive strategies to benefit
all of the shareholders, including adopting the Independent Chair Policy and committing to a proxy
access bylaw amendment.