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ELECTION OF DIRECTORS (ITEM 1 ON THE PROXY CARD)
www.staplesannualmeeting.com STAPLES 23
Carol Meyrowitz
Age: 62
Director Since: 2007
Current Staples Board Committees
- Compensation
Skills and Experience
- E-Commerce/Marketing
- Leadership and Management
- Real Estate
- Retail
- Strategy
- Supply Chain/Logistics
Public Company Boards
Current
- The TJX Companies, Inc.
Prior
- Amscan Holdings, Inc. (2005-2012)
- Yankee Candle Corporation (2004-2007)
Selected Other Positions
- Board of Overseers, Joslin Diabetes Center
Education
- B.A., Marketing and Management,
Rider University
Career Highlights
Ms. Meyrowitz has served as Executive Chairman of The TJX Companies, Inc., a retailer of apparel and home fashions, since
February 2016 and has been a director of TJX since 2006. Ms. Meyrowitz was Chairman and Chief Executive Officer of TJX from
June 2015 to January 2016, Chief Executive Officer from January 2007 until June 2015, President of TJX from October 2005 to
January 2011, was President of The Marmaxx Group, the largest division of TJX, from January 2001 to January 2005, and was
employed in an advisory role for TJX from January 2005 to October 2005. She also consulted for Berkshire Partners L.L.C., a
private equity firm, from June 2005 to October 2005. While serving as CEO of TJX, Ms. Meyrowitz grew revenue since 2007 by
$11.7 billion to $30.9 billion in 2015 and oversaw the growth of the company’s market capitalization from $16.2 billion in 2010 to
over $50 billion as of March 2016. While Ms. Meyrowitz served as CEO, TJX was ranked in the top five percent of Fortune 500
companies for returns on assets and shareholders’ equity.
Ronald L. Sargent
Age: 60
Director Since: 1999
Current Staples Board Committees
- Executive
Skills and Experience
- Audit, Financial Expertise
- Consumer and Business Sales
- Corporate Governance
- Ecommerce/Marketing
- International Operations
- Leadership and Management
- M&A/Integration
- Retail
- Strategy
- Supply Chain/Logistics
Other Public Company Boards
Current
- The Kroger Co.
- Five Below, Inc.
Prior
- Home Depot, Inc. (2011-2012)
- Mattel, Inc. (2004-2011)
- Yankee Candle Corporation (1999-2007)
Education
- M.B.A., Harvard Business School
- A.B., Economics, Harvard College
Career Highlights
Mr. Sargent has served as Chief Executive Officer of Staples, Inc. since 2002 and Chairman of the Board of Directors
of Staples since 2005. Previously, Mr. Sargent served in various positions at Staples since joining the company in 1989,
including President of Staples, Inc. from 1998 to 2006, Chief Operating Officer of Staples.com from 1998 to 2002,
President of Staples Contract & Commercial from 1994 to 1997 and various other management positions. While at Staples,
Mr. Sargent has also overseen strategic acquisitions and business integrations including Corporate Express, which was
acquired for approximately $4.4 billion in 2008. Before Staples, Mr. Sargent spent 10 years with The Kroger Co., where
he served in a variety of positions in store operations, human resources, strategy, sales and marketing. Mr. Sargent has
been a director of several public company boards and served as Chair or a member of the Audit, Finance, Compensation,
Governance & Social Responsibility and Infrastructure Committees of these boards.