Coca-Cola Veteran to Lead Staples
Staples has named Coca-Cola Co. veteran J. Alexander Douglas to man the helm as chief executive officer. He succeeds Shira Goodman, who stepped down on Friday after a 25-year-long career with the retailer, according to The Wall Street Journal.
Douglas will assume his new role April 2. John Lederer, executive chairman of Staples and the company's separate U.S. and Canadian retail businesses, will lead the office supply chain on a day-to-day basis during the transition.
Most recently, Douglas served as president of Coca-Cola North America, where he led the $10 billion revenue business, encompassing all aspects of its consumer and business-to-business operations. During his 30-year tenure at Coca-Cola, Douglas also served as global chief customer officer, and held a variety of positions across sales and marketing. Prior to joining Coca-Cola, he began his career working in sales and sales management positions at Procter & Gamble.
“The North American delivery business has a significant opportunity to accelerate long-term growth, and we are pleased to have [Douglas] join the leadership team at this important time," said Lederer in a media release. "[Douglas] has extensive experience across multiple function areas including sales, marketing, merchandising and operations. This well-rounded experience makes him an ideal leader for Staples.”
The change in leadership comes a few months after private-equity firm Sycamore Partners bought the retailer for some $6.9 billion.