New York -- Office Depot announced that Kevin Peters had resigned from his role as president of the retailer’s North American division, effective immediately.
Office Depot said Peters was leaving the chain after five years to become CEO of an unidentified industrial distribution company.
"In his five years with Office Depot, Kevin was instrumental in building a strong team while driving the strategic vision for our North American sales channels and our supply chain organization," said Neil Austrian, Office Depot’s chairman and CEO. "We thank him for his many contributions to our company and wish him well in the future."
Austrian will now oversee the company’s North American business.