Kevin Peters Out As Office Depot President

Kevin Peters, Courtesy Office Depot.

Kevin Peters, Courtesy Office Depot.

BOCA RATON, FL ( — Boca Raton-based Office Depot (NYSE:ODP) has just announced that Kevin Peters has resigned as president of the office supply chain.

He is reportedly joining another company. The separation is immediate.

Peters was appointed President of Office Depot in 2011 after serving in another role for the company. Public records show he earned $1.8-Million in 2011, taking into account salary, bonuses and stock.

Office Depot had a somewhat tumultuous year when it came to stock, with its high of $3.81 being reached in March, and it’s low of $1.51 coming in September. ODP closed up Friday at $3.66. Office Depot — and it’s competitors — have had a difficult time finding a niche against powerhouse online retailers like

No permanent replacement was immediately named.


----------------------------------------LYFT PROMO CODE--------------------------------------
Use our Lyft promo code BNN123 for substantial discounts for your first Lyft rides. Enter the code in your app, or just click here.

---------------------------ABOUT BOCANEWSNOW.COM----------------------- is the leading hyper-local news website based in and serving Boca Raton, Florida and South Palm Beach County. Our pages have been visited millions of times over our five year history of reporting, providing opinion and snark.

This is not a "mug shot" website. Arrest reports and mugshots are provided by law enforcement officials under Florida Statute. While we review all requests for removal, we are not obligated to remove reports that are a part of the public record.

When removal is appropriate, we do so at no charge. We do not accept payment for mugshot or arrest report deletion.

We remind our readers that an arrest is an accusation. Guilt or innocence is determined in a court of law. Email us at news (at) or telephone 561-419-9520.

All Content Copyright © 2017 MetroDesk Media, LLC. All Rights Reserved.