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(ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 25, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a narrative of 'playing games' and 'disingenuous' behavior to frame the Board's actions as a governance failure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/25", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-25", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 26, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses quotes from Glass Lewis to bolster the argument of board negligence.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/26", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-26", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 27, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a rhetorical question at the bottom to emphasize the governance failure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/27", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-27", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 28, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a quote from Neil Austrian to establish the baseline expectation, then contrasts it with his own hiring.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/28", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-28", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 29, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a narrative structure to build a case against the Board's independence.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/29", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-29", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 30, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses authority-citation to build a case against the current board.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/30", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-30", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 31, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses Glass Lewis proxy reports to attack the compensation committee's track record.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/31", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 32, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses authority-citation to leverage Glass Lewis's reputation against the company's current practices.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/32", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 33, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses red, underlined, italicized text to emphasize critical negative feedback from Glass Lewis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/33", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 34, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses red text to emphasize the company's failure to act and the negative assessment by the proxy advisor.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/34", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-34", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. (ODP)", "authorId": "03_Starboard_Value", "authorName": "Starboard Value", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2013-08-02 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 35, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a 'Concern vs. Reaction' structure to expose governance failures.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6d9-b06e1e87f57d/35", "deckHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b06e1e87f57d#slide-35", "loopMatches": [], "arcBeatMatches": [ { "to": 41, "from": 3, "beatId": "7d75cf84-de72-412e-8648-8a7f02f1a83b", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6d9-b06e1e87f57d", "docSlug": "0d9a92f4ecfe", "documentTitle": "Office Depot, Inc. 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