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Staples, Inc. Names Elizabeth A. Smith to Its Board of Directors

Category:

Wednesday, September 10, 2008 8:30 am EDT

Dateline:

FRAMINGHAM, Mass.

Public Company Information:

NASDAQ:
SPLS
"Liz brings a wealth of global business expertise, consumer products knowledge and operating experience, making her a great addition to our strong board of directors"

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Elizabeth A. Smith, president of Avon Products, Inc., to its board of directors.

Liz brings a wealth of global business expertise, consumer products knowledge and operating experience, making her a great addition to our strong board of directors, said Ron Sargent, Staples chairman and chief executive officer.

Smith is responsible for Avons world-wide product-to-market processes, infrastructure and systems, which includes Global Brand Marketing, Global Supply Chain, Global Sales and Global Information Technology. She also leads the companys North American Operations. Smith joined Avon in January 2005 as executive vice president and Brand president and was given the additional role of leading Avon North America in September 2005. Smith was named president, Avon Products, Inc. in September 2007.

Prior to joining Avon, Smith worked at Kraft Foods, Inc. for 14 years, most recently as group vice president and president U.S. Beverages and Grocery Sectors from January 2004 to November 2004. Previously, she served as group vice president of Kraft Foods, Inc. and president of U.S. Beverage, Desserts and Cereal from October 2002 to January 2004, and executive vice president and general manager of the Beverage Division from September 2000 to October 2002. Smith is a member of the Boards of Directors of Carters, Inc. and the Personal Care Products Council.

About Staples

Staples, the worlds largest office products company, is committed to making it easy for customers to buy a wide range of office products, including supplies, technology, furniture, and business services. With $27 billion in sales, Staples serves businesses of all sizes and consumers in 27 countries throughout North and South America, Europe, Asia and Australia. In July 2008, Staples acquired Corporate Express, one of the worlds leading suppliers of office products to businesses and institutions. Staples invented the office superstore concept in 1986 and is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com.

Contact:

Staples, Inc.
Paul Capelli/Owen Davis, 508-253-8530/8468

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