Starboard Value · activist-deck
Office Depot, Inc. (ODP)
63 pages · 4 arc beats · 2 loops
Office Depot, Inc. (ODP)
Starboard Value · 2013-08 arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
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Deck intelligence map
4 coverage by narrative range · generated from this deck JSON
Narrative range 63 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
The Monster 39 slides 100% 39/39 slides 100% 39/39 slides · 264 hits — 0/39 slides
— 0/39 slides
82.1% 32/39 slides 100% 39/39 slides 15.4% 6/39 slides The Call 2 slides 100% 2/2 slides 100% 2/2 slides · 12 hits — 0/2 slides
50% 1/2 slides — 0/2 slides
100% 2/2 slides — 0/2 slides
The Struggle 13 slides 100% 13/13 slides 100% 13/13 slides · 83 hits — 0/13 slides
15.4% 2/13 slides 69.2% 9/13 slides 100% 13/13 slides 46.2% 6/13 slides The Victory 9 slides 100% 9/9 slides 100% 9/9 slides · 34 hits — 0/9 slides
11.1% 1/9 slides 11.1% 1/9 slides 100% 9/9 slides — 0/9 slides
Slide inventory
63 every slide · same image gating as the playbook
02
This is a standard introductory slide for an activist investor deck, establishing credibility and alignment with shareholders.establish_context
Open slide detailBeat · The Call
03
This is a classic activist investor 'problem statement' slide, establishing the 'why' behind the campaign.diagnose_problem
Open slide detailBeat · The Monster
04
This is a classic activist investor 'thesis' slide, framing the board change as a 'no-regrets' move.summarize
Open slide detailBeat · The Monster
06
The slide uses a list-based argument structure to justify the need for new board members.diagnose_problem
Open slide detailBeat · The Monster
07
The slide uses a contrast-based structure to frame the nominees as superior and the incumbents as underperforming.introduce_nominees
Open slide detailBeat · The Monster
09
The slide uses a bulleted list to detail specific financial and operational wins, followed by a red-text callout to frame the current board as an obstacle.summarize
Open slide detailBeat · The Monster
10
Uses a timeline-annotated line chart to frame the activist's intervention as the catalyst for value creation.expose_contradiction
Open slide detailBeat · The Monster
12
Includes a summary table of returns and three line charts showing 5-year, 3-year, and 1-year performance.compare_peers
13
Uses red callout boxes to emphasize negative trends (declines in revenue/EBITDA, increases in G&A).expose_contradiction
14
The slide uses two bar charts to illustrate negative performance trends.diagnose_problem
15
The slide highlights a 'Market Share Gap' between the declining Office Depot and the growing Staples.expose_gap
16
Includes red circles highlighting specific underperforming metrics for Office Depot and OfficeMax.compare_peers
17
The slide highlights Office Depot's underperformance relative to its peers in the office supply sector.compare_peers
18
This is a classic activist investor 'villain' slide, attacking the competence and tenure of the incumbent leadership.name_villain
Open slide detailBeat · The Monster
19
The slide uses a red 'X' and green checkmark to visually contrast the lack of experience among the majority of the board.expose_contradiction
Open slide detailBeat · The Monster
20
The slide uses a narrative structure to undermine the credibility of a board nominee.expose_contradiction
Open slide detailBeat · The Monster
21
This is a classic activist investor 'case for change' slide, highlighting poor performance metrics and board incompetence.diagnose_problem
Open slide detailBeat · The Monster
23
Uses a narrative structure to expose board entrenchment tactics.expose_contradiction
Open slide detailBeat · The Monster
24
The slide uses a data table to contrast the Board's increasing voting power against the dilution of other shareholders.expose_contradiction
Open slide detailBeat · The Monster
25
Uses a narrative of 'playing games' and 'disingenuous' behavior to frame the Board's actions as a governance failure.expose_contradiction
Open slide detailBeat · The Monster
26
Uses quotes from Glass Lewis to bolster the argument of board negligence.expose_contradiction
Open slide detailBeat · The Monster
27
The slide uses a rhetorical question at the bottom to emphasize the governance failure.expose_contradiction
Open slide detailBeat · The Monster
28
Uses a quote from Neil Austrian to establish the baseline expectation, then contrasts it with his own hiring.expose_contradiction
Open slide detailBeat · The Monster
29
Uses a narrative structure to build a case against the Board's independence.expose_contradiction
Open slide detailBeat · The Monster
30
Uses authority-citation to build a case against the current board.expose_contradiction
Open slide detailBeat · The Monster
31
Uses Glass Lewis proxy reports to attack the compensation committee's track record.expose_contradiction
Open slide detailBeat · The Monster
32
Uses authority-citation to leverage Glass Lewis's reputation against the company's current practices.expose_contradiction
Open slide detailBeat · The Monster
33
Uses red, underlined, italicized text to emphasize critical negative feedback from Glass Lewis.expose_contradiction
Open slide detailBeat · The Monster
34
Uses red text to emphasize the company's failure to act and the negative assessment by the proxy advisor.expose_contradiction
Open slide detailBeat · The Monster
35
Uses a 'Concern vs. Reaction' structure to expose governance failures.expose_contradiction
Open slide detailBeat · The Monster
36
Uses red text to emphasize the contradiction between Glass Lewis's guidelines and Office Depot's actual peer group composition.expose_contradiction
Open slide detailBeat · The Monster
37
Uses historical proxy voting data to establish a pattern of failure.expose_contradiction
Open slide detailBeat · The Monster
39
Uses a 'failed' callout to highlight the board's inaction.expose_contradiction
Open slide detailBeat · The Monster
40
Uses a 'FAILED' callout to emphasize the breach of stated policy.expose_contradiction
Open slide detailBeat · The Monster
41
The slide uses a bold 'FAILED' stamp and red italicized text to emphasize ISS's negative conclusion on non-independent directors.diagnose_problem
Open slide detailBeat · The Monster
42
Uses a table to contrast individual director tenure and share purchases to support the argument of lack of alignment.expose_contradiction
Open slide detailBeat · The Struggle
43
Focuses on Marsha Evans as a target for removal.introduce_nominees
Open slide detailBeat · The Struggle
44
Focuses on W. Scott Hedrick as a specific target for removal.name_villain
Open slide detailBeat · The Struggle
45
This slide is a direct attack on an incumbent board member's qualifications and history.introduce_nominees
Open slide detailBeat · The Struggle
46
This slide is part of an activist campaign by Starboard Value targeting Office Depot's board.introduce_nominees
Open slide detailBeat · The Struggle
47
Uses red 'X' icons to visually emphasize the lack of experience.introduce_nominees
Open slide detailBeat · The Struggle
49
This is a classic activist investor 'case for change' slide, focusing on historical underperformance and board incompetence.diagnose_problem
52
The slide uses a narrative structure to link past board performance to the current activist campaign.introduce_nominees
54
The slide uses a contrast-based layout to highlight the perceived superiority of the activist's nominees over the incumbents.introduce_nominees
56
The chart uses a standard bridge/waterfall format to show the path from current base EBIT to risk-adjusted target EBIT.propose_solution
Open slide detailBeat · The Victory
57
Includes a detailed table breaking down synergy estimates by cost category with red-text annotations explaining the rationale for each.propose_solution
Open slide detailBeat · The Victory
60
The slide presents a dense paragraph of biographical text detailing the nominee's career history, education, and qualifications.introduce_nominees
Open slide detailBeat · The Victory