John Lederer Biography and Net Worth

Mr. Lederer has been a director since September 2010. He has served as a Senior Advisor with Sycamore Partners, a private equity firm specializing in retail and consumer investments, since September 2017. In that capacity, he serves as the Executive Chairman of the Board of Directors of Staples, Inc. and its newly formed and independent U.S. and Canadian businesses. From September 2010 until July 2015, Mr. Lederer served as our President and Chief Executive Officer. From 2008 to 2010, Mr. Lederer was Chairman and Chief Executive Officer of Duane Reade, a privately-held chain of retail pharmacies. Prior to Duane Reade, he spent 30 years at Loblaw Companies Limited, a Canadian grocery retailer and wholesale food distributor, where he held a number of leadership roles and served as President from 2000 to 2006. Mr. Lederer currently serves on the Board of Directors of Maple Leaf Foods, Inc. and Walgreens Boots Alliance, and he previously served on the Boards of Directors of Restaurant Brands International, Inc., Tim Horton’s Inc. and Duane Reade Holdings, Inc. Mr. Lederer has extensive senior executive leadership experience in the retail and food industry, including five years of service as our Chief Executive Officer.