Staples, Inc. Nominates Raul Vazquez to Board of Directors

FRAMINGHAM, Mass.–(BUSINESS WIRE)– Staples, Inc. (NAS: SPLS) , the world’s largest office products company and second largest internet retailer, today announced that Raul Vazquez, Chief Executive Officer and Director of Progreso Financiero, has been nominated for election to the company’s Board of Directors. The election of Directors will take place at the company’s Annual Meeting, scheduled for June 3, 2013.

“We’re very pleased to nominate Raul Vazquez to our Board of Directors,” said Ron Sargent, Staples’ chairman and chief executive officer. “Raul would be an outstanding addition to our board. He is a multi-channel veteran with deep digital expertise and leadership experience in retail, marketing and operations. His global e-commerce perspective would be particularly valuable as we focus on rapidly increasing online sales as part of our strategic reinvention.”

Vazquez joined Progreso Financiero, a financial services company serving the needs of the growing Hispanic market, in 2012. Prior to that, he held executive roles with Wal-Mart Stores, Inc. and served as Chief Executive Officer of Walmart.com, where he oversaw day-to-day operations and drove a strategy to bring greater value and convenience to customers with a seamless multi-channel approach.

About Staples

Staples is the world’s largest office products company and second largest internet retailer. For 26 years, Staples has served the needs of business customers and its vision is to provide every product businesses need to succeed. Through its world-class retail, online and delivery capabilities, Staples offers office supplies, technology products and services, facilities and breakroom supplies, furniture, copy and print services and a wide range of other product categories. With thousands of associates worldwide dedicated to making it easy for businesses of all sizes, Staples operates throughout North and South America, Europe, Asia, australia and New Zealand. The company is headquartered outside Boston. More information about Staples (NAS: SPLS) is available at www.staples.com/media.

IMPORTANT ADDITIONAL INFORMATION WILL BE FILED WITH THE SEC

Staples will be filing with the SEC and mailing to its stockholders a proxy statement relating to the election of directors, including Mr. Vazquez, at its 2013 Annual Meeting. The proxy statement will contain important information about Staples and its director nominees. Stockholders are urged to read the proxy statement carefully when it …read more
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