The ODP Corporation

Signature Aviation Appoints New Chief Digital and Information Officer

Retrieved on:

Mercoledì, Giugno 5, 2024

Today, Signature Aviation, the world’s largest private aviation terminal operator, has appointed Al Lettera as its new Chief Digital and Information Officer.

Key Points:

Today, Signature Aviation, the world’s largest private aviation terminal operator, has appointed Al Lettera as its new Chief Digital and Information Officer.
“Providing an exceptional experience in today’s world means placing reliable and advanced technology and applications at our guests’ and team members’ fingertips,” said Tony Lefebvre, CEO of Signature Aviation.
Signature Aviation is the world’s preeminent aviation hospitality company, offering exceptional experiences and essential support services to business and private aviation guests.
Signature operates an industry-leading network of private aviation terminals, with over 200 locations covering key destinations in 27 countries across five continents and is the largest distributor of sustainable aviation fuel (SAF).

The ODP Corporation Announces Board Changes

Retrieved on:

Lunedì, Giugno 3, 2024

Supply Chain Management, Professional Services, Retail, Business, Technology, Software, Office Products, Growth, The ODP Corporation, BlackRock, Chairperson, Management

The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced the appointment of financial executives Amy Schioldager and Evan Levitt to its Board of Directors.

Key Points:

The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced the appointment of financial executives Amy Schioldager and Evan Levitt to its Board of Directors.
The Company also announced that Wendy Schoppert, ODP Board member since 2020, will assume the role of independent Board Chair as Joseph Vassalluzzo steps down from the Board after 11 years of service.
ODP’s Board size will be increased from seven members to eight, with directors having an average tenure of approximately five years.
“We are thrilled to welcome Amy and Evan to the ODP Board at this juncture, as we continue to evolve our business and position our Company to drive future profitable growth,” said Wendy Schoppert, Chair-Elect of the Board.

The ODP Corporation Releases 2024 Sustainability Report

Retrieved on:

Mercoledì, Maggio 22, 2024

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the release of its 2024 Corporate Sustainability Report , providing information on the Company’s sustainability practices and goals.

Key Points:

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the release of its 2024 Corporate Sustainability Report , providing information on the Company’s sustainability practices and goals.
"I am excited to share our accomplishments and vision in our latest report for our People, Planet, and Prosperity—our triple bottom line approach to sustainability—with a strong focus on our 5C Culture," said Gerry Smith, chief executive officer for The ODP Corporation.
The 2024 Corporate Sustainability Report presents the Company's notable achievements from 2023 and ongoing commitment to achieving its sustainability goals, supporting customers in meeting their sustainability commitments and making positive contributions to local communities.
Accomplishments highlighted in the 2024 report include:
Calculated our full scope of GHG inventory for the second year, which helped us set science-based targets and have them validated by SBTi
Raised $5.6 million through in-store and online donations, powered by Round It Up America®, to support Title I public schools
To view the complete 2024 Corporate Sustainability Report or for more information about sustainability at The ODP Corporation, please visit theodpcorp.com/corporate-sustainability .

The ODP Corporation to Participate in the B. Riley Securities Institutional Investor Conference Wednesday, May 22nd, 2024

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Lunedì, Maggio 20, 2024

Other Retail, Supply Chain Management, Consumer Electronics, Office Products, Online Retail, Technology, Specialty, Other Technology, Retail, Software, Hardware, The ODP Corporation, Conference

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the B. Riley Securities Institutional Investor Conference on May 22nd, 2024.

Key Points:

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the B. Riley Securities Institutional Investor Conference on May 22nd, 2024.

The ODP Corporation Renews and Extends Existing Asset-Based Credit Facility

Retrieved on:

Giovedì, Maggio 9, 2024

Retail, Other Retail, Technology, Home Goods, Specialty, Office Products, Hardware, The ODP Corporation, Growth

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility.

Key Points:

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility.
The amendment extends the maturity date to May 2029.
The renewed $800 million facility includes certain more attractive credit terms and conditions, enhancing the company’s balance sheet and liquidity position to support future growth.
“The extension of our credit facility is a validation of our strong financial position and business model,” said Gerry Smith, chief executive officer of The ODP Corporation.

The ODP Corporation Announces First Quarter 2024 Results

Retrieved on:

Mercoledì, Maggio 8, 2024

Total reported sales for the first quarter of 2024 were $1.9 billion, a decrease of 11% compared with the same period last year.

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Total reported sales for the first quarter of 2024 were $1.9 billion, a decrease of 11% compared with the same period last year.
Adjusted results for the first quarter of 2024 exclude charges and credits totaling $33 million as described above and the associated tax impacts.
Reported sales were $0.9 billion in the first quarter of 2024, down 8% compared to the same period last year.
During the first quarter of 2024, the Company repurchased 957 thousand shares at a cost of $50 million.

Telos Corporation, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening New Locations

Retrieved on:

Lunedì, Aprile 15, 2024

Telos (company), TSA, TSA PreCheck, Shoe, The ODP Corporation, Electronics, TLS, Travel, Baggage

The launch of enrollment centers in Florida represents the ongoing expansion of Telos’ national TSA PreCheck enrollment footprint.

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The launch of enrollment centers in Florida represents the ongoing expansion of Telos’ national TSA PreCheck enrollment footprint.
“Telos is pleased to open new TSA PreCheck enrollment centers in Florida, bringing the convenience of TSA PreCheck to the backyards of millions of Americans,” said John Wood, CEO and chairman, Telos.
New TSA PreCheck applicants can pre-enroll or schedule an enrollment appointment by visiting the authorized Telos TSA PreCheck website, https://tsaprecheckbytelos.tsa.dhs.gov .
A list of Telos enrollment locations for TSA PreCheck is included below, and on the Telos TSA PreCheck website: https://tsaprecheckbytelos.tsa.dhs.gov/locations .

The ODP Corporation to Announce First Quarter 2024 Results Wednesday, May 8, 2024

Retrieved on:

Mercoledì, Aprile 24, 2024

Office Products, Other Retail, Specialty, Consumer Electronics, Technology, Supply Chain Management, Online Retail, Retail, The ODP Corporation, ODP, Webcast

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce first quarter 2024 financial results before the market open on Wednesday, May 8th, 2024.

Key Points:

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce first quarter 2024 financial results before the market open on Wednesday, May 8th, 2024.
The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
To listen to the conference call via webcast, please visit The ODP Corporation’s Investor Relations website at investor.theodpcorp.com .
A copy of the earnings press release, supplemental financial disclosures and presentation will also be available on the website.

Mark Cuban Foundation and The ODP Corporation Bring AI Bootcamp to Fort Lauderdale Teens

Retrieved on:

Lunedì, Aprile 8, 2024

Microsoft, The ODP Corporation, Partnership, School, Knowledge, Artificial intelligence, Alan, AI, Student, Cloud computing, Curriculum, ChatGPT, Marketing, Generative, Boot camp, The, Medical device

FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale.

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FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale.
These AI bootcamps are introductory and accessible to student in grades 9-12 with an interest in technology.
“We look forward to partnering with the Mark Cuban Foundation this year to host our second AI Bootcamp.
This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program's media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

Lessen Launches Innovative Purchasing Marketplace for Vendors

Retrieved on:

Martedì, Aprile 2, 2024

Banking, Professional Services, Online Retail, Fintech, Data Management, Electronic Commerce, Technology, Residential Building & Real Estate, Construction & Property, Retail, Insurance, Finance, Other Technology, Partnership, The ODP Corporation, Essendant, HVAC, Marketplace, Online shopping

The intuitive marketplace environment simplifies procurement for all parties.”

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The intuitive marketplace environment simplifies procurement for all parties.”
The Lessen Marketplace also makes it easy for vendors to competitively shop for a variety of business insurance and financing needs.
Using the Marketplace, vendors can fill out a single application in as little as five minutes to obtain quotes tailored to their business needs.
The launch of the Lessen Advantage Marketplace is a significant step toward Lessen continuing its journey to expand the roster of products and services that benefit both customers and vendors.
“The introduction of the Lessen Advantage Marketplace underscores our dedication to ongoing innovation, aimed at delivering value for both our customers and our network of over 30,000 vendors.”