Office Depot Board Gets Vote of Confidence
Delray Beach, Fla. Office Depot announced that independent voting advisory service PROXY Governance recommended that Office Depot stockholders should reject the two directors nominated by Alan Levan and his company, Woodbridge.
Office Depot stockholders will vote on the nominees at the annual Office Depot meeting scheduled for April 23. PROXY cited a number of reasons for rejecting the two nominees, including the “vagueness” of their proposed plan for change.
Additionally, PROXY noted that five of Office Depot’s 12 board members have extensive experience in office products vs. the two nominees, who PROXY suggested would have “to get up to speed on what levers for change are available.”
Nickelodeon names creative head
NEW YORK Nickelodeon/MTVN Kids and Family Group has named Gary Bonilla to the new position of senior vp of creative strategy for Nickelodeon/MTVN Kids and Family Group. Bonilla’s primary responsibilities include managing the creative development for Nickelodeon’s consumer products business, developing strategies around consumer experiences and ensuring the network’s branded consumer product offerings exemplify the Nickelodeon brand.
“Gary comes to Nickelodeon with more than 15 years of advertising and branding experience in multicultural and international markets,” said Leigh Ann Brodsky, president of Nickelodeon and Viacom Consumer Products. “His strong background makes him a perfect addition to our leadership team as we take the Nick Brand to new global heights over the next few years.”
Most recently, as the vp of strategic services at Winglatino/WWP, a multi-cultural advertising agency, Bonilla developed and executed plans for: Procter & Gamble, DIAGEO and Goya. Bonilla also designed the first-ever online consumer panels created to understand the influence of ethnic markets in the general U.S. population. His work and collaborations have received awards and nominations in advertising festivals worldwide including Cannes, The London Ad Festival and FIAP.
Rao joins New York & Co. design team
NEW YORK New York & Company has announced that Marie Holman Rao will serve as a creative consultant to the design team effective April 22. In addition, the company indicated that Marie Fogel has resigned as evp of design – apparel to pursue other interests.
Richard Crystal, New York & Company’s chairman and ceo, stated: “I am delighted that Marie Holman Rao has agreed to serve as a creative design consultant to our Company. Rao formerly was president of limited design services and prior to that was president of Banana Republic, a division of Gap Inc.”