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  "documentTitle": "Office Depot, Inc. (ODP)",
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  "notes": "Focuses on Marsha Evans as a target for removal.",
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      "text": "As Chair of the Compensation committee for each of the last 3 years, Glass Lewis has recommended that shareholders vote AGAINST Ms. Evans' continued service on the Board of Office Depot and has questioned whether she should even serve on any other public company board.",
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      "text": "Ms. Evans has served on the Board for 7 years. Over that time: Office Depot's stock price has declined by 88%; Revenue has declined by 30%; Margins have declined by approximately 400bps",
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      "text": "Ms. Evans' prior board roles encompass instances of serious lapses in board oversight: Lehman Brothers - Served on Lehman's board and as a member of its risk committee during 2007 and 2008, shortly before the company DECLARED BANKRUPTCY; Huntsman - underperformed S&P by 16% over the approximately 6 years in which Ms. Evans served on the board; Weight Watchers - underperformed S&P by 26% over the 10+ years in which Ms. Evans served on the board",
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      "text": "The overwhelming majority of Ms. Evans' operating experience consists of roles at non-profit companies: From 2009 to 2010, Ms. Evans served as acting commissioner of the LPGA Golf Association; From 2002 to 2005, Ms. Evans served as the CEO of the American Red Cross",
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      "text": "As Chair of the Compensation committee for each of the last 3 years, Glass Lewis has recommended that shareholders vote AGAINST Ms. Evans' continued service on the Board of Office Depot and has questioned whether she should even serve on any other public company board.",
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      "text": "Glass Lewis – “WE QUESTION HER CONTINUED SERVICE ON ANY PUBLIC COMPANY BOARD”",
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      "text": "“WE QUESTION HER CONTINUED SERVICE ON ANY PUBLIC COMPANY BOARD” — Glass Lewis",
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      "text": "Source: Glass Lewis Proxy Papers, Capital IQ, Bloomberg. Note: Stock price data as of July 19, 2013.",
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      "text": "We Have Serious Questions Regarding the Track Records of Office Depot's Incumbent Board Members",
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