Staples CEO Ron Sargent has announced he will step down following the annual shareholders meeting in June after 27 years with the company, and will continue as a director and non-executive chairman. Shire Goodman, Staples President of North American Operations will take the reigns as interim CEO. Sargent’s announcement comes just 3 weeks after an injunction was granted against Staples’ $6.3bn merger with office supply rival Office Depot, that would have created one of the largest international office supply retailers, even posing a threat to Amazon!
