Office Depot CEO buys $3.65 million h...

Office Depot CEO buys $3.65 million home in Boca

There are 9 comments on the South Florida Sun-Sentinel story from Feb 15, 2014, titled Office Depot CEO buys $3.65 million home in Boca. In it, South Florida Sun-Sentinel reports that:

Office Depot's new chief executive Roland Smith and his wife have bought a house for $3.65 million in a golf course community near the Boca Hotel Resort & Club.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

Rita Morgan

Houston, TX

#1 Feb 18, 2014
Although I am happy for then it's hard to believe ...when so many will soon be losing there jobs with the merger of the two office companies,
Washington State

Spokane, WA

#2 Feb 18, 2014
BUT....There will be many whose jobs will be saved,hopefully, if Roland can pull it off. Glass half full not half empty.
jazz jar

Sterling, VA

#3 Feb 18, 2014
Washington State wrote:
BUT....There will be many whose jobs will be saved,hopefully, if Roland can pull it off. Glass half full not half empty.
He's not here to save jobs he's her to save odp inc.
No Comment

Roswell, GA

#4 Mar 5, 2014
This is offensive on SO many levels when many hourly associates are just squeakng by (if at all.) What kind of example does this set (and I guess we know who is *really* making decent money-it sure isn't the associates.)
this company sucks

Tinley Park, IL

#5 Mar 25, 2014
Exactly why we didn't get our raises! Roland gets to buy a lavish house in florida and gets a $2.35 million dollar performance bonus. Meanwhile all of the employees either lose their jobs with no severance or have to deal with all of his unrealistic changes. What in the hell was OMX thinking????
texan

Springfield, VA

#6 Mar 25, 2014
this company sucks wrote:
Exactly why we didn't get our raises! Roland gets to buy a lavish house in florida and gets a $2.35 million dollar performance bonus. Meanwhile all of the employees either lose their jobs with no severance or have to deal with all of his unrealistic changes. What in the hell was OMX thinking????


Oh that's easy abandoned ship with our pockets full of gold before the ship sinks.(Big wigs).
hello

Port Saint Lucie, FL

#7 Mar 28, 2014
No Comment wrote:
This is offensive on SO many levels when many hourly associates are just squeakng by (if at all.) What kind of example does this set (and I guess we know who is *really* making decent money-it sure isn't the associates.)
It is offensive!!! He will get another bonus before it's thru!!!! First all the layoffs, then he gets a bonus for &*%ing the associates out of their hourly positions, signs "retention bonuses" to keep the hierarchy in place for 90 days, like Deb O'conner ($150,000.00) to stay in her position until June of this year, when all the heads are still rolling on the floor and he kicks his way thru them, he'll receive another bonus!!!! Mean while back at the ranch he and the Director of the company buy a couple hundred thousand shares of Depot each to try to drive up the cost of the shares, so they can sell , so they can plunder the company once again!!!~ Instead the shares are tanking!!!! GOOD JOB ROLAND!!! I'd say you should get atleast another 2.3 mil for this phase!!!!!
hello

Port Saint Lucie, FL

#8 Mar 28, 2014
jazz jar wrote:
<quoted text>
He's not here to save jobs he's her to save odp inc.
He's not here to do either one!!!!!!!!! He's here to make a few million, then get out, just like all the other CEO's of Office Max and Office Depot!!! That's the reality!! Oh, and by he way, keep in mind that "It's the American Way"!!! That's why CEO's are in place to begin with! They make money for shareholders, not the company itself!! That's why he and the director just bought 200,000 shares a piece, to drive the stock up, so they could sell later! It's all a game! The playing pieces have no value, they just move them around for their own profit!!!
The Last Laugh

United States

#9 Apr 30, 2014
As long as Karen Baldwin loses her job, all will be well with the world.

Last laugh: "Ha."

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