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  "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",
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  "pageNumber": 18,
  "pageCount": 63,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "villain_critique",
  "function": "name_villain",
  "density": "balanced",
  "nDataPoints": 4,
  "notes": "This is a classic activist investor 'villain' slide, attacking the competence and tenure of the incumbent leadership.",
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  "components": [
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      "kind": "callout",
      "text": "Only 2 out of the Company’s 10 current directors have meaningful, relevant operating experience at a retailer outside of Office Depot.",
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      "kind": "list",
      "text": "Board: Only 2 out of 10 directors have meaningful retail experience. Average tenure is 8 years, with non-BC Partners' designees at 10 years.",
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      "kind": "list",
      "text": "Management: CEO's operating experience outside of Office Depot consists of the National Football League (NFL) and investment banking. CEO has been serving as head of North American Retail Division for 7 months.",
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      "kind": "source-note",
      "text": "(1) Based on current and prior experience disclosed by the Company in its proxy materials for the 2013 annual meeting of stockholders.",
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      "kind": "title",
      "text": "Management and Board Lack Essential Retail Experience and Have Not Been Held Accountable for Office Depot's Poor Performance",
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      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
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      "beatSlug": "overcoming-monster-the-monster",
      "evidence": "Criticisms of the current board and management, highlighting their lack of retail experience and poor governance practices.",
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