Office Depot and OfficeMax decided to merge without picking a new CEO for the combined company.
Instead, there’s going to be a competition.
This whole process is really strange. Leadership is almost always decided before going through something as big as a multibillion dollar corporate merger.
A selection committee will be put together and it will decide who will take the helm of the new company.
The company’s name, brands, and the location of the corporate headquarters are still undecided. They will be determined by the new leadership after the committee picks a new CEO.