Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
The multichannel office supplies retailer announces three appointments.
Staples Inc. has made three international appointments in an effort to bolster the company's growth globally.
The office supplies retailer named John Barton executive vice president of international development, Anders Kristiansen president of Staples China and Noah Herschman chief of merchandising for Staples China.
Barton, previously Staples’ executive vice president of real estate, will now oversee the retailer’s Chinese, Indian and South American units. He’ll also develop the company’s worldwide operational best practices across its retail, contract and catalog channels. He will report to Mike Miles, president and chief operating officer of Staples, No. 2 in the Internet Retailer Top 500 Guide.
"John brings more than 20 years of experience with Staples to his new role and, through his deep understanding of our culture and operations, will help drive our success in international markets in the years ahead," says Miles.
Kristiansen will oversee all day-to-day operations for Staples' business in China. He will report to John Barton.
Kristiansen previously worked as managing director of the Asia Pacific division at Lyreco SA., a business-to-business distributor of office supplies. Prior to Lyreco, Kristiansen held various positions at office supplies companies in Europe, such as GBC in Belgium, Herlitz and euro buro in Germany and Bogpa in Denmark.
As chief of merchandising for Staples China, Herschman will lead a consolidated merchandising function across contract, catalog and retail channels. He will report to Kristiansen. Herschman previously worked at Amazon.com Inc. as director of merchandising for home and mobile electronics. Amazon.com is No. 1 in the Internet Retailer Top 500 Guide.
"Anders brings tremendous international and industry experience to Staples and Noah brings a wealth of merchandising experience and online expertise,” says Miles. “Both Anders and Noah will play important roles in growing our business in China."